Read Now Popular Economyths: Economic Topics Commonly Misunderstood by College Students and Others MOBI
In Popular Economyths, Steven Manley exposes some of the faulty economic thinking that is pervasive on modern college campuses as well as in the mainstream media. Popular misconceptions are dispelled in a clear, concise manner that will stick with the reader. From myths regarding the minimum wage and the "gender pay gap" to the differences between socialism and capitalism, Steven Manley offers thought experiments and empirical data to support his arguments that government intervention in the economy is not only unnecessary, but it is usually counterproductive and has long lasting repercussions.Not afraid to highlight the true rationale behind socialism and the ever-increasing desire to have central planners run the economy for the rest of us, Steven Manley lucidly and powerfully debunks progressive "solutions" to our economic ills and defends free-market approaches that have historically produced superior results, not only in the U.S. but everywhere they have been tried. Covering timely topics such as the student loan crisis, the economic effects of immigration and automation, the truth about who does and doesn't pay their "fair share" of taxes, gay wedding cakes, cultural Marxism, the failures of the War on Poverty in creating intergenerational dependence on the government, and the insidious role of the Federal Reserve in creating the Great Depression, the stagflationary 1970s, and the housing boom and bust of the last decade and the resulting Great Recession, Popular Economyths is a relevant and powerful defense of economic liberty.
