Archives: Review

Capitalism and Freedom

Capitalism and Freedom is a book by Milton Friedman originally published in 1962 by the University of Chicago Press which discusses the role of economic capitalism in liberal society. It sold over 400,000 copies in the first eighteen years and more than half a million since 1962. It has been translated into eighteen languages.

Friedman argues for economic freedom as a precondition for political freedom. He defines “liberal” in European Enlightenment terms, contrasting with an American usage that he believes has been corrupted since the Great Depression.

Basic Economics: A Common Sense Guide to the Economy

Basic Economics is a citizen’s guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.

The International Jew

In the years 1920-22, Henry Ford published a series of articles critical of Jewish Power and its effects on White Christian America in The Dearborn Independent newspaper. Some years later he collected and published them in book form, as a multi-volume set. This book is an abridged version of that set, featuring the best of those original articles.

Repeatedly, over the years, Jewish Power brought itself to bear in assaulting Mr. Ford’s integrity, intelligence, and memory in a calculated attempt to discredit him – including suing him in court and (possibly) forging an apology (see appendix). Throughout his lifetime, Mr. Ford always maintained the inherent truth in the criticisms of Jewish Elites contained in his essays and published them because he believed, if Americans knew the truth, those elites would be rendered impotent.

The Bell Curve

Like several of Murray’s other books, including Losing Ground, In Our Hands, and Coming Apart, the basic subject of The Bell Curve is what should be done to help the disadvantaged in America. And the four books all reach the conclusion that, roughly speaking, we should do as little as is politically possible. The book presents a disturbing and highly pessimistic view of trends in American society. The United States, according to the authors, is rapidly becoming a caste society stratified by IQ, with an underclass mired at the bottom, an elite firmly ensconced at the top, and only a limited scope for public policy to boost the disadvantaged. But the bulk of the attention and controversy that swirled around the book focused not on its sweeping vision of what is happening to U.S. society, but on the authors’ application of their theories about IQ to the question of race.