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What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics

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July 27, 2022 | History

Popular Economics

What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics

  • 1 Want to read

"John Tamny uses entertaining stories from sports, movies, popular culture, and famous businesses to explain the basic principles of economics. His Dollars and Sense is an everyman's guide to how money really works-a lesson politicians try (and fail) to grasp every day. "--

Publish Date
Language
English
Pages
279

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Previews available in: English

Book Details


Table of Contents

Part I: Taxes
Taxes are nothing more than a price placed on work
When we tax corporations, we rob them of their future
Government spending did not create the Internet, and has never created a job
It's the spending, stupid : budget deficits really don't matter
Capital gains are the elusive jackpot that drive innovation
The best way to spread the wealth around is to abolish the estate tax
Wealth inequality is beautiful
Savers are an economy's most valuable benefactors
Job creation requires perpetual job destruction
Conclusion: Bulldoze the U.S. Tax Code
Part II: Regulation
Appalachian State almost never beats Michigan, and government regulation almost never works
Antitrust laws : the neutering of the near-term excellent
Conclusion: Don't dismiss college dropouts delivering alternative weeklies
Part III: Trade
"Trade deficits" are our rewards for going to work each day
Comparative advantage : could LeBron James play in the NFL?
"Outsourcing" is great for workers, and as old as the pencil
"Energy independence" would be economically crippling, "global warming" is a crippling theory
Conclusion: Free trade is the path to knowledge, liberty, world peace, and big raises
Part IV: Money
A floating foot, minute, and second would give you ugly houses, burnt wings, and slow NFL draft picks
Do not be fooled by rising and falling computer, flat screen, and VHS prices : they are not an inflation or deflation signal
True inflation is currency devaluation, and it is a cruel blast to the past
If they tell you they predicted the "financial crisis," they're lying
Conclusion: "Do-nothing" politicians deserve a special place in heaven.

Edition Notes

Includes bibliographical references (pages 251-267) and index.

Classifications

Dewey Decimal Class
330
Library of Congress
HB171 .T24 2015, HB171.T24 2015

Contributors

Foreword
Steve Forbes

The Physical Object

Format
Hardcover
Pagination
xxiii, 279 pages
Number of pages
279

Edition Identifiers

Open Library
OL27186517M
ISBN 10
1621573370
ISBN 13
9781621573371
LCCN
2014040767
OCLC/WorldCat
884815119

Work Identifiers

Work ID
OL20006428W

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