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A collection of essays by FEE President Lawrence W. Reed and historian Burton W. Folsom, Jr. that surveys the economic history of the United States and the modern world. Along the way, they dismiss commonly-held fallacies and present the stories of the individuals who changed history and expanded liberty for everyone.
- Sales Rank: #489594 in Books
- Published on: 2012-04-19
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .88" w x 6.00" l, 1.14 pounds
- Binding: Paperback
- 352 pages
About the Author
Lawrence W. Reed has served as president of the Foundation for Economic Education since September 1, 2008. Prior to that, he was president for twenty years of the Mackinac Center for Public Policy in Midland, Michigan. Reed has authored over 1,000 columns and articles dozens in newspapers, magazines and journals in the U. S. and abroad, as well as five books. He has lectured in dozens of nations. Reed’s articles have appeared in The Wall Street Journal, Christian Science Monitor, USA Today, Baltimore Sun, Detroit News and Detroit Free Press, among many others. His interests in political and economic affairs have taken him to 72 countries on six continents. He holds a B.A. degree in Economics from Grove City College (1975) and an M.A. degree in History from Slippery Rock State University (1978), both in Pennsylvania. He holds two honorary doctorates from Central Michigan University (Public Administration—1993) and Northwood University (Laws—2008). He is a member of the Mont Pelerin Society and is an adviser to numerous organizations around the world. A full bio is available at FEE.org and on Wikipedia. Burt Folsom is a professor of History at Hillsdale College, a senior fellow in economic education for the Mackinac Center for Public Policy, and senior historian for the Foundation for Economic Education. He holds a Ph.D. from the University of Pittsburgh. His B.A. and M.A. degrees in history are from Indiana University and the University of Neb raska, respectively. Folsom has published many articles and books, including the widely acclaimed The Myth of the Robber Barons. His two most recent books are New Deal or Raw Deal? How FDR’s Economic Legacy Damaged America and FDR Goes to War: How Expanded Executive Power, Spiraling National Debt and Restricted Civil Liberties Shaped Wartime America. He lectures widely throughout the U.S. and is a regular speaker at FEE's summer seminars for college students.
Most helpful customer reviews
9 of 9 people found the following review helpful.
A brilliant book!
By turling
Get ready for an education. In my opinion this is a must read for all liberty lovers out there!
This book covers history and economics and both are largley misunderstood by most people today.
For example, it reveals the true costs of the Civil War and the mistakes Lincoln made promoting unconstitutional internal improvements like railroads, canals and roads. The book takes on the differences of the principles of charity and government redistribution of wealth.
After reading the book, one will understand the greatness of President Cleveland and how he resisted power and enforced the proper role of government.
Inflation, free markets, fiat money, property rights and so many more subjects are covered in an easy-to-understand way of reading. I don't think anyone who will try to refute this book will be able to do so without resorting to ad hominems.
The authors take economics and historical approaches to the topic of our Founders' political philosophy, convincingly making a central case that the government is to be a protector of liberty instead of the unrestrained agent of coercion.
At a crucial time in our country's history, this book should be read by every American.
6 of 6 people found the following review helpful.
Changing the Course of Events
By Jeffersonian
The authors state in the preface, "we recognize that both economics and history must be more than numbers. That's why many of the offerings here focus on the interesting contributions of people who changed the course of events."
I have not been a life time proponent of freedom. In truth, I would have been an more outspoken advocate of liberty much earlier had I come in contact with a book like this. One thing I am learning about freedom, it is not enough to simply understand it, one must be able to communicate it with simple and inspiring stories. Reed and Folsom are experts. Their articles are short, well written and inspiring. Just what is needed to support a growing movement and help folks like me continue to tell the story. Books like this are valuable in that "they put the cookies on the lower shelf" and help me to become one who can "change the course of events."
1 of 1 people found the following review helpful.
Commonsense look at economics and government
By Mark Sutter
In the past I have enjoyed books written by both authors. This one is no exception. With solid examples the authors easily point out the pros of business versus the cons of big government. The book even touches on why the Austrian Economic Theory works and why Keynesian Theory doesn't. Overall, the book is a refreshing look at the interconnection between economics, entrepreneurship, and government.
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