Download Austrian Economics and Public Policy: Restoring Freedom and Prosperity AudioBook Free
Austrian economics is the most powerful reason of why government authorities, no matter how well-intentioned, lack the data, wisdom, and capacity to direct the lives of multitudes of men and women better than those people can do for themselves. In this e book, economist Richard Ebeling introduces one to the central ideas in Austrian economics, as well as their importance for all of us today. Over the last 100 years, government authorities have attemptedto replace people's own free actions for mutual betterment with systems of administration legislation, planning, redistribution, and control. These have ended up under the names of socialism, communism, fascism, Country wide Socialism (Nazism) interventionism, welfare statism, "progressivism", the "third-way", social democracy, Keynesianism, and many others. Their common idea is the fact that those in politics authority and vitality can micro- and macro-manage the social and financial affairs of individual society with techniques better plus more socially just than the free market. Austrian economics shows why and how it is that all these efforts at government social engineering have failed and frequently with disastrous consequences. So what is Austrian economics? And what makes it so important to understanding the financial insurance plan issues we face today? Listen to this book and find out.
