Textbook Economics? A Review of The Politically Incorrect Guide to Economics
If people understood economics, then our problems with big government would be greatly reduced. Inflation, big government and even war are rare in ideologically smart societies. However, mandatory government education, socialist propaganda by the media cartel, and politicians serving up trillions in government giveaways has enticed the average American to the dark side.
Political correctness, or the opposition to truth and justice, has fallen on America, seemingly, like a tsunami. It is a crucial weapon of the dark side. In economic matters, the latest Marxist/Progressive’s dark side assault has been economic inequality. This propaganda for higher taxes and more government handouts has been bolstered by decades of bogus government and academic statistical reports. Everyone needs to know some economics to not be bamboozled by this misinformation campaign.
America’s high school and college students are often required to take a course on economics, but most of those classes are anti-economic propaganda against the market and entrepreneurship. The universities and their liberal arts curricula have been entirely infected with Marxism. College graduates go forward knowing a few skills useful to the State, but more importantly are thoroughly brainwashed against the free market.
The modern Marxist agenda also includes environmentalism, gun control, population control, information control, etc., but at its core is economics. Thomas DiLorenzo’s latest book, the Politically Incorrect Guide to Economics is a most effective antidote to anti-economics that I have read. He is the author of many great books, but I consider Politically Incorrect the most important and crucial today. Readers of Frederick Bastiat and Henry Hazlitt need to advance to this book.
Homeschoolers, high schoolers, and college students need to read DiLorenzo’s book as well as the new book by Per Bylund, How to Think About the Economy: A Primer. Bylund’s primer is a one day read and clears the propaganda cobwebs from your mind and “primes” you for rational thinking about the economy.
Without getting too effusive about Politically Incorrect or too detailed about its contents, I intend to review the book, unconventionally, as a textbook in economics as it has all the desirable elements of an introduction without all the drawbacks of a typical textbook.
To reiterate, this is not a textbook, but it does have all the crucial elements of economics presented in a very pleasant and effective manner.
Instead of starting with a “perfect” and unrealistic notion of the market
Article from LewRockwell