From the Introduction: “Why is the human race so poor? Why do billions still lack enough even to eat? . . . “Safety is certainly an important factor. No one will bring wealth out of hiding, much less invest it, if it is likely to be stolen. But honesty is equally important. . . . “The most reliable barometer of economic honesty is to be found in prices. Honest prices, neither controlled nor manipulated, provide both investors and consumers with reliable economic signals. They are the foundation for a successful economy. “A corrupt economic system does not want honest prices, honest information, or honest results. The truth may be unprofitable for powerful government leaders or private interests allied with them, or economic “experts” whose careers have been devoted to price controls and manipulations. “Can it really be this simple, that job growth and economic prosperity depend on allowing economic prices to tell the truth, free from the self-dealing, manipulations, and self-interested theories of powerful special interests?” Yes. Hunter Lewis writes in a crystal clear style. He cuts through the confusion about our economy and why it is doing so poorly. He notes that the Soviet Union fell because it would not allow prices to tell the truth about the economy. Why are we repeating the same mistake? Why won’t the US Federal Reserve allow truthful prices? Why do we tolerate manipulations of the price system? Lewis not only tells us what is wrong with our economy. He tells us what to do about it.

Free Prices Now!: Fixing the Economy by Abolishing the Fed

Business & Money

Lewis, Hunter

Economics

AC2 Books

We see it everywhere: • shady zoning regulations in a small town; • taxpayer money diverted into political campaigns; • deals that enrich the few at the expense of the many; • billion-dollar bailouts; • trillions of newly printed dollars flowing from government to Wall Street at giveaway interest rates; • brand-name economists hired to defend the indefensible with a smokescreen of economic theory. When private interests need a political favor, they know whom to call. When politicians need money, they also know whom to call. The people involved try to keep most of it concealed behind closed doors. This is the system that prevails in Russia after the fall of Communism. But increasingly it is America's system as well. Many people regard Wall Street as the epicenter of American capitalism. In reality it is the epicenter of American crony capitalism. Where Wall Street stops and Washington begins is impossible to say. This situation was not caused, as many suppose, by the Crash of 2008. Rather the Crash was caused by the longstanding Wall Street–Washington partnership. But the problem extends far beyond Wall Street to every corner of America. If we are going to do anything about our present economic problems, and also give the poor a chance at a better life, we will need to eliminate crony capitalism. Although full of hair-raising stories, this book is also about solutions. It tells us in clear and simple terms what is wrong and what needs to be done about it.

Crony Capitalism in America: 2008-2012

See the best price to sell, buy or rent books by the AC2 Books publisher. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by AC2 Books

See the best price to sell, buy or rent books by the AC2 Books publisher. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Free Prices Now!: Fixing the Economy by Abolishing the Fed

Crony Capitalism in America: 2008-2012