The Doomsday Myth (10,000 Years of Economic Crises)

In The Doomsday Myth, Charles Maurice and Charles Smithson show that although doom merchants have been predicting imminent collapse from resource shortages as long as civilization has existed, no nation has ever fallen because of the depletion of a resource. They also show that government intervention has not been the solution to these crises. Instead, freely functioning markets with individuals acting in their own self-interest have eliminated shortages, and averted doomsday. The free market theme is the same one used by Adam Smith in The Wealth of Nations in 1776, but the need to restate it for new generations is urgent. The authors concluded that a resource-based doomsday will arrive only if we suspend the functioning of free markets.

This book title, The Doomsday Myth (10,000 Years of Economic Crises), ISBN: 9780817979621, by Charles Maurice, Charles W. Smithson, published by Hoover Institution Press (June 1, 1984) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.

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