The Politically Incorrect Guide to Capitalism
The Politically Incorrect Guide to Capitalism is a 2007 book by Austrian school economist Robert P. Murphy. It is the ninth book in the Regnery Publishing The Politically Incorrect Guides series.
Written as a result of a poll by P.I.G. readers that stated a book on economics, The Politically Incorrect Guide to Capitalism aims to refute what it sees as common misconceptions resulting from Keynesian economics about what capitalism actually is.
The Politically Incorrect Guide to Capitalism argues against criticisms of capitalism, amongst which are:
- it causes ecological destruction
- it causes vast income inequality, as well as racism
- it causes an unpredictable boom and bust cycle