Customer Review

5.0 out of 5 stars Explodes the myths, 12 Oct 2013
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This review is from: Economics in One Lesson (Paperback)
I bought this some time ago and it ended up in the 'to read' pile. As I was going on hols I thought I should read it as it was recommended. Glad I did. The book does not go into minute detail but takes the line of a thorough overview, the policies enacted and the 'wisdom' of the present age on economies, shining some most needed light. It reveals the smoke and mirrors of politics, the effects along with unseen and generally ignored side effects of policy. Simply put economics is a zero sum gain. If someone wins there is a loser. If the government taxes to give to someone else, someone loses. If there is a work program to help a section of the community it comes at the expense of another part of the community. As the vision of politicians and the media is so narrow you rarely see the wider implications. This book will give you those wider implications and despite the assurance of our leaders it is getting better and that they have the answers. The reality is they do not have the answers, they are doing what has been proven to fail in the past and things are getting worse. There again looking today at the economy, jobs, prices and inflation we know that anyway. This book will give you a perspective to understand why this is the case. It also will show why productive wealth creating jobs that seem so despised are essential while their replacements may not be. Just look at the rise of bureaucracy and regulation, there are becoming more people to prevent you from doing any useful productive work than actually carrying it out. Altas Shrugged before one's own eyes.
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4.8 out of 5 stars (31 customer reviews)
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