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The Politically Incorrect Guide to Capitalism

By: Dr. Robert P. Murphy
Narrated by: Perry Richards
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Publisher's summary

Participating in the economy is a part of everyday life, yet much of what is commonly accepted as fact is wrong. Keynesian schoolteachers and the liberal media have filled the world with politically correct errors that myth-busting professor Robert Murphy sets straight.

Murphy explains hot topics like outsourcing (why it's good for Americans) and zoning restrictions (why they're not). Just like the other books in the P.I.G. series, The Politically Incorrect Guide to Capitalism pulls no punches. Murphy defends the free market on such issues as safety regulations, racial discrimination, and child-labor laws, in a breezy manner that is anything but textbook-like. The Politically Incorrect Guide to Capitalism sets the record straight on everything you thought you knew about economics.

©2007 Robert P. Murphy (P)2007 Blackstone Audio Inc.
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Critic reviews

"An invaluable introduction to free-market economics." (Congressman Ron Paul)

What listeners say about The Politically Incorrect Guide to Capitalism

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  • Overall
    5 out of 5 stars

Excellent and sober

Easy to listen to and really informative. I'm an dedicated capitalist - and I learned something every few minutes.

Very reasoned and solid.

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7 people found this helpful

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    5 out of 5 stars
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    5 out of 5 stars

Excellent subject presentation!

Difficult to present this subject matter concisely and clearly and this book does so with wonderful simplicity

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  • Overall
    4 out of 5 stars
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    5 out of 5 stars
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    4 out of 5 stars

A Frank and Straightforward Look at Our System

This is an interesting listen. The author uses basic common sense to get his point across and makes several of these (very good) points. I would recommend this book to any policy-maker, voter, businessman, or anyone who simple wants to argue economic policy with their friends with more skill.

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  • Overall
    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

easy to understand economics study

This book explains very clearly and in a very readable manner how our economic world works. It clearly shows contrast between capitalism, socialism and communism. It clearly shows why capitalism is the only way for society to operate.

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  • Overall
    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

Simple and entertaining

Great summarization and simple explanation of complex economic issues. Full of great quotes and their source material that immediately follows each one.

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  • Overall
    5 out of 5 stars
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    5 out of 5 stars

Great information

A very good research of the truths and myths of capitalism. highly recommended book

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  • Overall
    3 out of 5 stars
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    4 out of 5 stars
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    3 out of 5 stars

A Basic Collection of Free Market Talking Points

This is a good summary of how libertarians think for those trying to understand that school of thought. The book is very repetitive though and should have been better edited.

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2 people found this helpful

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    4 out of 5 stars
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    5 out of 5 stars

Great book

Any additional comments?

I would recommend this book to anyone who is old enough vote to and want to understand why some government policies will never work.

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1 person found this helpful

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    5 out of 5 stars
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    5 out of 5 stars

Great economic primer

If you could sum up The Politically Incorrect Guide to Capitalism in three words, what would they be?

Austrian economic primer

Who was your favorite character and why?

Bob Murphy

Have you listened to any of Perry Richards’s other performances before? How does this one compare?

N/A

Did you have an extreme reaction to this book? Did it make you laugh or cry?

Murphy is always entertaining as well as educational

Any additional comments?

Like the other titles in this series, this one is really well done. On par with Tom Woods' US history title of the series, Bob Murphy shows a grasp of the subject through and through. Murphy is one of the best Austrian theory economists out there. He is able to communicate the theory, break it down into simple terms, provide examples, and provide illustrations to support the theory. If you haven't heard a presentation by Dr. Murphy he's entertaining as well as educational.

What Dr. Murphy does in this book is dismantle the traditional Keynian economics model, shows the errors of socialism, and show the negative consequences of government inclusion in the market. This is a great primer for those wishing to get into economics. I would say this is about as great as Henry Hazlitt's magnum opus Economics In One Lesson. High praise indeed; and well deserved. Final Grade - A+

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  • Overall
    4 out of 5 stars
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    5 out of 5 stars
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    4 out of 5 stars

What about contraband and the black market?

The author makes a lot of interesting and controversial points. Besides getting me to reconsider my views on overpayed athletes and ceo's he has convinced me that a lot of our government regulations are useless or even harmful compared to how the free market would deal with things. That being said I kept waiting for him to explore the logical extreme of pure capitalism. Touching on the matter of slavery we find that government intervention to abolish it was unnecessary, so I had hoped that he would explore other government regulated things like narcotics, alcohol and weapon sales. How about human trafficking, prostitution and murder for hire? If his next audio book deals with these issues I'll check it out (for the right price).

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