Archive | Books

DOLLAR: The Cause of Hitler’s Germany

To this day, Nazism remains vivid in the public mind as the greatest evil in human history, and continues to be the subject or background of countless novels, films, and non-fiction analyses. But the artists and scholars of 2014 still have no real explanation; they are no closer than they were in 1982 to identifying the fundamental roots of Nazism.

This book does.

The Cause of Hitler’s Germany is about two-thirds of The Ominous Parallels, a book published by Dr. Peikoff in 1982. In the The Ominous Parallels, Dr. Peikoff intended a warning: If Americans continue to accept and act on the same philosophic ideas that led to the Third Reich, then America will have to follow a parallel course and suffer the same result.

Unlike The Ominous Parallels, The Cause of Hitler’s Germany is offered not primarily as a warning but rather as an explanation.

The Cause of Hitler’s Germany focuses only on the Nazi aspects of The Ominous Parallels: on their intellectual origins in German philosophy, and then on their manifestations in Weimar culture and, as a result, in the world of Hitler.

Learn more about the genesis of The Cause of Hitler’s Germany >

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DOLLAR: New Book on the Business Cycle and a Free Market in Money and Banking

Dr. Brian P. Simpson, author of Markets Don’t Fail! (Lexington Books, 2005) and an economist at National University in San Diego, CA, has written a new book on the business cycle and a free monetary and banking system.  The book shows how government interference—particularly in the monetary and banking system—causes the business cycle, including the recessions, depressions, and financial crises that are a part of it.  The book also shows how establishing a free market in money and banking can virtually eliminate the business cycle.

This book is a major contribution to the monetary, banking, and business cycle literature.  It builds on the business cycle theory developed by Ludwig von Mises and Friedrich Hayek.  The two-volume book is published by Palgrave Macmillan and is titled Money, Banking, and the Business Cycle, with subtitles of Integrating Theory and Practice for volume one and Remedies and Alternative Theories for volume two.  Volume one was published in April.  Volume two is due out in July.

Part one of volume one shows how manipulations of the supply of money and credit by the government are the primary cause of the cycle.  Part two applies the theory to over 100 years of U.S. history to illustrate the explanatory power of the theory.  The author uses extensive quantities of data to make his case, including data for interest rates, the rate of profit in the economy, the money supply, the velocity of money, industrial production, GDP/GNP, gross national revenue (a more comprehensive measure of spending and output than GDP/GNP), and more.  He shows how the theory explains the Great Depression, the Great Recession, the recession of the early 1980s, and all episodes of the cycle in the U.S. since 1900.  In addition, he goes back to 18th century France and the Mississippi Bubble to demonstrate the explanatory power of the theory.

Part one of volume two critiques alternative theories of the cycle, including Keynes’s theories of depressions and fluctuations, Keynesian “sticky” price and wage theory, and real business cycle theory.  Part two shows what a free market in money and banking would look like, provides an outline to transition to a free market in money and banking, and gives a detailed explanation of why it would lead to greater stability in the monetary and banking system and raise the rate of economic progress in the economy.

Here are links to the two volumes:

Volume 1: http://us.macmillan.com/moneybankingandthebusinesscycle/BrianPSimpson
Volume 2: http://us.macmillan.com/moneybankingandthebusinesscycle-1/BrianPSimpson

It is also available at Amazon at a discounted price.

Money, Banking, and the Business Cycle: Volume I: Integrating Theory and Practice: 1
Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories

The book is highly recommended for anyone interested in free-market ideas or monetary, banking, and business cycle theory.  Economics professors will find both volumes excellent for courses on “macroeconomics,” money and banking, Austrian economics, or the business cycle.  Both volumes would also be great additions to the collections of university libraries and libraries of free-market institutions.

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Another Panel from Bosch Fawstin’s Graphic Novel: Infidel #2

THE INFIDEL, a story about twin brothers whose Muslim background comes to the forefront of their lives on 9/11. One responds by creating a counter-jihad superhero comic book called PIGMAN, as the other surrenders to Islam. Pigman’s battle against his archenemy SuperJihad is echoed by the escalating conflict between the twins.

Bosch was kind enough to let us publish online another panel from issue #2 which gives you a feel for Bosch’s style.

Bosch Fawstin is not only a great illustrator — he is an even better story teller. If you like Frank Miller’s original Dark Knight books you will love Fawstin’s THE INFIDEL.

Visit his website to order it online for only$3.

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Panel from Bosch Fawstin’s Graphic Novel: Infidel #2

THE INFIDEL, a story about twin brothers whose Muslim background comes to the forefront of their lives on 9/11. One responds by creating a counter-jihad superhero comic book called PIGMAN, as the other surrenders to Islam. Pigman’s battle against his archenemy SuperJihad is echoed by the escalating conflict between the twins.

Bosch was kind enough to let us publish online a panel from issue #2 which gives you a feel for Bosch’s style.

Bosch Fawstin is not only a great illustrator — he is an even better story teller. If you like Frank Miller’s original Dark Knight books you will love Fawstin’s THE INFIDEL.

Visit his website to order it online for only$3.

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Bosch Fawstin Releases Infidel#2

It’s been a long wait, but Bosch Fawstin’s The INFIDEL #2 is out — and it is full of surprises.

THE INFIDEL, a story about twin brothers whose Muslim background comes to the forefront of their lives on 9/11. One responds by creating a counter-jihad superhero comic book called PIGMAN, as the other surrenders to Islam. Pigman’s battle against his archenemy SuperJihad is echoed by the escalating conflict between the twins.

Bosch Fawstin is not only a great illustrator — he is an even better story teller. If you like Frank Miller’s original Dark Knight books you will love Fawstin’s THE INFIDEL.

Visit this page to order it online for only$3.

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New Book: How to be Profitable and Moral: A Rational Egoist Approach to Business

A basic dilemma confronting today’s manager is how to be both profitable and moral. Making profits through immoral means—such as deceiving investors or customers—is unsustainable. Likewise, remaining moral while losing money will cause a business to fail. According to conventional morality, either a business manager maximizes profits and necessarily compromises on ethics, or necessarily sacrifices profits in order to be moral. Woiceshyn explains why this is a false dichotomy and offers rational egoism as an alternative moral code to businesspeople who want to maximize profits ethically.

Through logical argument and various examples, How to be Profitable and Moral: A Rational Egoist Approach to Business shows how to apply principles such as rationality, productiveness, honesty, justice, and pride for long-term self-interest.

Jaana Woiceshyn holds a Ph.D. in applied economics from the Wharton School at the University of Pennsylvania. She has taught business ethics for over twenty years to undergraduate, MBA, and Executive MBA students and to various corporate audiences at the Haskayne School of Business, University of Calgary, and elsewhere. This is her first book.

BB&T grew from $4.5 billion to $152 billion in assets during my tenure as chairman and CEO and weathered the recent financial crisis as one of the strongest financial institutions in America.
The foundation for this success is unquestionably the principles outlined by Jaana Woiceshyn in How to be Profitable and Moral. —John Allison, retired chairman and CEO, BB&T and
Distinguished Professor of Practice, Wake Forest University

Jaana Woiceshyn’s book is much needed and timely. Filled with concrete examples, it provides practical guidance for making successful daily decisions—based on a moral code that works and will make us proud of what we do. —Doug Arends, chairman, Canadian Bank Note Company Ltd.

Professor Woiceshyn has provided a well-reasoned, clearly-written explanation showing . . . why business people need to live by rational moral principles as a necessary means to maximize profit. This cogent book deserves a careful reading by businesspeople, academics, and intelligent laymen alike. —Andrew Bernstein, Ph.D, author of The Capitalist Manifesto: The Historic, Economic, and Philosophic Case for Laissez-Faire

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