this post was submitted on 13 Feb 2025
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Because Thomas Sowell can tell it so much better with countless historic examples than I can and btw - it is not a 'youtube video' - it is a link to a rumble video with the complete audiobook. It just shows you how an economy works and the effects (negative and positive) of governments. One of the best books ever written on this subject. Highly recommended for everyone - left or right.
Don't be scared, he is not an anarchist.
If I said things like that in public, I'd have died of embarassment.
If that's what you're interested in, then I've got a few book recommendations for you:
The Dictator's Handbook: Why Bad Behavior Is Almost Always Good Politics by Alastair Smith and Bruce Bueno de Mesquita.
The Ecology of Freedom: The Emergence and Dissolution of Hierarchy by Murray Bookchin
Capital in the 21st Century by Thomas Picketty
He'd be cooler if he was.
He tells these concepts so much better and bring such clear examples to the table that you're still unable to present your points in clear and readable manner.
Please tell me how the economy works and how the "invisible hand of the free market" can improve the quality of goods and services for people in a market where the most important goal if any company is to extract the maximum profit from its customers.
Let's remember that even Harvard business review has finally accepted that the concept of the invisible hand is laughable (read here for reference), we just needed 3 major financial crashes (IT at the end of the 90s, housing market at the end of the 2000s and the economic crash of 2019) to experience this first hand.
Please, remind me where the money which were used to save big businesses and big banks came from? Do I hear you say "the state"? Oh well, we would be better off without it at this point, right?