A World of Wealth: How Capitalism Turns Profits Into Progress Thomas G. Donlan

ISBN: 9780132703710

Published: May 8th 2008

ebook

240 pages


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A World of Wealth: How Capitalism Turns Profits Into Progress  by  Thomas G. Donlan

A World of Wealth: How Capitalism Turns Profits Into Progress by Thomas G. Donlan
May 8th 2008 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 240 pages | ISBN: 9780132703710 | 8.41 Mb

Thomas Donlans defense of free market capitalism is especially timely today given all the pressures to regulate and stifle it. The anti-globalization movement wants more trade protectionism and less immigration. The global credit crisis is puttingMoreThomas Donlans defense of free market capitalism is especially timely today given all the pressures to regulate and stifle it. The anti-globalization movement wants more trade protectionism and less immigration. The global credit crisis is putting pressure on governments to bail out irresponsible lenders and borrowers at taxpayers expense.

Instead, Donlan convincingly and clearly explains why we would all prosper more by doing all we can to make markets freer. --Ed Yardeni, President, Yardeni Research, Inc. Thomas Donlan reminds us all that capitalism is not simply one choice among different and equally valid economic systems, but instead that hard work and the accumulation of wealth is the natural tendency of successful people and healthy societies around the world.

--Christopher Whalen, Managing Director, Institutional Risk Analytics It has been several decades since Joseph Schumpeter observed that the philosophical defense of a free-market economy must never cease. Thomas Donlan has taken up that challenge, but this clear-eyed book is much more than a defense. It is a magnificently constructed explanation of how the world works and why free-market capitalism continues to offer the greatest hope for solving our greatest challenges.

--Carl J. Schramm, Ph.D., President, Kauffman Foundation The author brings to the table a healthy skepticism of the conventional wisdom, an admirable ability to separate fact from fancy, and an undisguised repugnance for the mumbo-jumbo thats the curse of so much commentary on anything to do with economics or investment.

A World of Wealth is not only a lively read, but an exceptionally enlightening and rewarding one to boot. --Alan Abelson, Barrons Columnist With the facts of a primer laid out in the fast-paced narrative of a storyteller, Thomas Donlans A World of Wealth lucidly explains todays marketplace. From the credit crisis to immigration and from oil prices to global warming, the book guides the reader through the economic issues of our day--jargon-free. Its a fast, fun read that illuminates while it entertains. --Thomas W. Hazlett, Professor of Law & Economics, George Mason University An indispensable--and highly readable--primer on how the economic world really works, whether politicians of both left and right want it to work that way or not.

If it were required reading for all political reporters, they might do a lot more reporting and carry a lot less water in the process. --John Steele Gordon, Author of Empire of Wealth: The Epic History of American Economic Power Acknowledgments xii About the Author xiii Introduction xv Chapter 1: The Capitalist Answer to the Energy Crisis Pay Higher Prices 1 Chapter 2: The Capitalist Approach to Environmental Pollution and Global Warming: Breathe Easy 23 Chapter 3: A Capitalist Prescription for Trade: Free Exchange Enriches Both Sides of Every Deal 43 Chapter 4: Capitalist Immigration Policy: Tear Down the Walls 65 Chapter 5: The Essenti



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