Top positive review
9 people found this helpful
on 27 December 2013
This is a handy little book that makes the case for a UK whose economy is based on free enterprise, rather than the current crony capitalism that so many mistake for free market economics.
To those of us who who are familiar with the work of the Mises Institute and Lew Rockwell, there will not be too many ideas that are really new here, but what makes Frisby's book worth reading is that he applies these Austrian ideas to the UK, backed by some interesting data and taking on some of the UK's most notorious sacred cows like the disfunctional NHS in the process. This is something that far too few UK writers have attempted.
Along the way he convincingly demonstrates how welfare entrenches and spreads the very poverty it is supposed to relieve, and how fiat money and central banking enrich unproductive elite groups at the expense of the productive economy. He also shows how this money-out-of-thin-air system is an essential ingredient of the modern warfare state.
Frisby's style is easy to read yet never condescending and the book is hard to put down once you get going; I wouldn't be surprised if many people who buy this book will read it in one sitting.
If I absolutely had to make one criticism of this book, it would only be to say that the author has not mapped out an escape route from the UK's version of the welfrae-warfare state. Prospects for this happening politically seem quite dim at present, given the UK's one-party LibLabCon system, where practically all significant politicians parrot the statist mantra (it is after all a very profitable one for them).
Perhaps the best that can be expected is that the system will eventually collapse under its own weight - something which, unlike most of the goals it sets for itself, it seems eminently capable of achieving.