The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they’re also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed’s most famous functiontargeting the Fed funds rateis totally backwards. John Tamny explains this backwardness in terms of a Taylor Swift concert followed by a ride home with Uber. In modern times, he points out, the notion of credit has been perverted, so that most people believe it’s money and that the supply of it can therefore be increased. This false notion has aggrandized the Fed with power that it can’t possibly use wisely. The contrast between the grinding poverty of Baltimore and the abundance of Silicon Valley helps illustrate the problem, along with stories about Donald Trump, Robert Downey Jr., Jim Harbaugh (the Michigan football coach), and robots. Who Needs the Fed? makes a sober case against the Federal Reserve by explaining what credit really is, and why the Fed’s existence is inimical to its creation. Readers will come away entertained, much more knowledgeable, and prepared to argue that the Fed is merely superfluous on its best days but perilous on its worst.

Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money, Credit, and Why We Should Abolish America's Central Bank

Tamny, John

Arts & Photography

Encounter Books

“John Tamny is a one-man antidote to economic obfuscation and mystification.” —George Will, Nationally Syndicated Columnist “In spirit, Tamny does for economics what the Gutenberg printing press did for the Bible, making a previously inaccessible subject open to all. Equally important, he does to economists what Toto did to the Wizard of Oz: pulling aside the curtain to expose the fraud that has become modern economics.” —Steve Forbes, Chairman and Editor-in-Chief, Forbes Media “Ignore John Tamny’s easy to read Popular Economics at your own moral peril. It’s as close to spiritual as you get in this realm—a better tutorial than any econ text.” - Ken Fisher, Founder &amp; CEO, Fisher Investments “John’s book is many things. It’s a great way to learn economics, it’s a very strong case for economic liberty, and it is an epic myth-buster. I will be giving it out to friends, of all viewpoints, for a long, long time.” - Cliff Asness, Managing Principal, AQR Capital ECONOMICS 101 In Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You About Economics (Regnery Publishing; April 13, 2015; $27.99) Tamny translates the so-called difficult and intimidating subject of economics into plain language, revealing that there is nothing mysterious about finance, commerce, and budgets. In fact, we are all microeconomists in our daily lives. “Economics is easy, and its lessons are all around us,” says Tamny. “But Americans have allowed the so-called ‘experts’ to convince them they can’t understand, much less grow the economy. Happily, economic growth is simple, too. If you can understand the four basic elements of economic growth—taxes, regulation, trade, and money— prosperity will explode.” Much like Freakonomics, Tamny uses pop culture and engaging stories to illustrate how understanding our economy is common sense—just look no further than the movies we enjoy, the sports we watch, and what we do every day. In Popular Economics, you’ll discover: <ul>
<li>How Paris Hilton and the Dallas Cowboys help illustrate good and bad tax policy</li> <li>How Facebook and Monday Night Football demonstrate the debilitating effect of antitrust regulation</li> <li>How the simple act of cooking chicken wings reveals why the “floating dollar” is a recipe for disaster</li> <li>Why Downton Abbey and ESPN are evidence that the U.S. should bulldoze its tax code</li> </ul>

Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics

Business & Money

Economics

Regnery

From the author of Popular Economics comes a surpringly sunny projection of America's future job market. Forget the doomsday predictions of sour-faced nostalgists who say automization and globalization will take away your dream job. The job market is only going to get better and better, according to economist John Tamny, who argues in The End of Work that the greatest gift of prosperity, beyond freedom from painful want, is the existence of work that is interesting.

The End of Work: Why Your Passion Can Become Your Job

Job Hunting & Careers

Regnery/Gateway

From the author of The End of Work, Who Needs the Fed?, and Popular Economics, comes a true policy guide for America’s frustrated, independent thinkers. 
In They’re Both Wrong, John Tamny explains how both Democrats and Republicans have turned the Constitution on its head by virtue of both parties presuming to govern us from Washington, D.C. – as opposed to each leaving us free to choose our policy bliss through our choice of city or state. 
What they’re saying: 
“An astonishing, mind-stretching, provocative, always-interesting book that could perform a genuine public service for us all by smashing the oft-sterile boundaries of political debate. A must-read masterpiece.” ~ Steve Forbes 
"John Tamny may be the most effective contrarian in America today. No matter how much I may endeavor to understand the subtleties of a given topic or issue, I can count on Tamny to not only poke meaningful holes in my perspective but teaches me a thing or two in the process. And is that not the true value of those who can effectively, perceptively and smartly view issues from outside that box that often confines even the most clever analysis? Tamny is almost sure to test the patience and the boundaries of a reader’s own point of view. But you will come away from the experience with questions you didn’t even know you should be asking along with a few answers you likely did not see coming." ~ Rick Ungar, Host of the nationally syndicated “The Rick Ungar Show” 
"I agree with John Tamny about a lot, but I strongly disagree with him on much more. What's not up for debate is that John is one of the smartest, most original thinkers in America. I dare you to read 'They're Both Wrong' and come to a different conclusion." ~ Steve Bannon 
“In ‘They’re Both Wrong,’ John Tamny is right. Why? Because Conservatives and Liberals both believe in politics. Politics is the idea that all of society’s ills can be cured politically. This is like a cookbook where the recipe for everything is to fry it. The fruit cocktail is fried. The soup is fried. The salad is fried. So is the ice cream and cake. And your Pinot Chardonnay is rolled in breadcrumbs and dunked in the deep fat fryer. Tamny argues that you’re better off doing your own ideological home cooking.” ~ P. J. O’Rourke 
John Tamny is Director of the Center for Economic Freedom at FreedomWorks. He's also editor of RealClearMarkets and a senior economic adviser to Toreador Research & Trading. Tamny frequently writes about the securities markets, along with tax, trade and monetary policy issues that impact those markets for a variety of publications including the Wall Street Journal, Investor's Business Daily, Financial Times, National Review and London’s Daily Telegraph. 
Prior to his present work, Tamny worked in private wealth management for Credit Suisse and Goldman Sachs. He received a BA in Government from the University of Texas at Austin, and an MBA from Vanderbilt University's Owen Graduate School of Management. He lives in Washington, D.C. 
The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity.

They’re Both Wrong: A Policy Guide for America’s Frustrated Independent Thinkers

Politics & Social Sciences

Politics & Government

American Institute for Economic Research

When Politicians Panicked tells the tragic story of how, in response to a spreading virus, global politicians mindlessly pursued economic desperation, starvation, and death as the cure. The global economy was booming as 2020 dawned, but within a few short months wreckage, death, and desperation borne of economic contraction were the new normal. What happened?&nbsp; In When Politicians Panicked, economic commentator John Tamny tells the heart-wrenching story of a time when politicians were tragically relieved of basic common sense in their response to the new coronavirus.&nbsp; In March of 2020, the virus quickly became a major news item as political panic about it traveled around the world. Even though anecdotal and market-based evidence from the virus's epicenter indicated very low lethality, politicians quickly imposed economy-crushing lockdowns on the rather specious assumption that unemployment, bankruptcy, and starvation would somehow halt the virus's spread.&nbsp; Tamny methodically dismantles the political consensus by showing how economic growth has long been the first and last answer to death and disease. He then shows how politicians, having mindlessly crushed a growing economy, proceeded to double down on their mistakes by throwing taxpayer money at their shocking errors.&nbsp; Throughout When Politicians Panicked, Tamny makes a relentless case that free people don't just produce the wealth that renders today's killers yesterday's news. They also produce crucial information about health threats that shine a light on that which threatens us. Lockdowns suffocate economic progress, but they also blind us to how we can progress--as Tamny makes plain in what will go down as an essential history for anyone seeking to understand the coronavirus panic of 2020.

When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason

Post Hill Press

All great commercial advances begin with surges of investment that the simple in thought naïvely deride as "bubbles", followed by "bust". In 2022, after frenzied investing in the years prior, the "bust" finally came for cryptocurrencies. 
Such is the basis for John Tamny's confident assertion in The Money Confusion that the future of money is at our doorstep. The crypto collapse of 2022 was paradoxically the signal that it will replace traditional forms of money sooner than most think. 
Money, Tamny argues, is a natural market phenomenon and one that asserts itself even in a world of government-issued paper. While economists and pundits hide behind charts, equations and supercilious commentary about the so-called "money supply," Tamny provides familiar examples from the real-world to expose this mysticism as modern-day phrenology. 
He makes plain throughout a book that rejects nearly all conventional wisdom about money that a focus on "money supply" is the surest sign of a thought process hopelessly off course. In truth, trusted money in circulation is a natural consequence of commerce, not the instigator as economists imagine. 
That a free market for money has formed in a world of government currencies is what sets the stage for private money as the eventual replacement for government mediums of exchange. Precisely because money facilitates global cooperation on the way to staggering advances in productivity, it's essential that money be trusted as a measure in the same way that the mile, degree and tablespoon are trusted today. 
Although academia and policymakers misunderstand money and inflation to a frightening degree, the thinkers, innovators, and risk-takers have forged a better way. The future is here for money; and that future, Tamny explains, is blindingly bright.

Money Confusion: How Illiteracy About Currencies and Inflation Sets the Stage for the Crypto Revolution

All Seasons Press

BRILLIANCE AUDIO ^

Bringing Adam Smith into the American Home: A Case Against Home Ownership

Ryan, Jack

See the best price to sell, buy, or rent books by Tamny, John. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Tamny, John