View Single Post
Missed my favorite of Ayn Rand, "Capitalism: The Unknown Ideal".

My description: A passionate and thoroughly reasoned argument both morally and objectively for capitalism. The book is a collection of essays from Rand herself and others, including 2 or 3 from Alan Greenspan before he was chairman of the Fed; one of which is his fantastic and rather ironic argument for the gold standard and why the Federal Reserve themselves caused and prolonged the Great Depression. A must read for anyone serious about learning about real free market capitalism. Also has political and moral commentary on issues of the time (war, draft, expansion of state power, socialism in America) which still face us today in different forms and with different names.

Another I read recently if not already posted:

Peter Schiff "Crash Proof: How to Profit from the coming Economic Collapse"

My description: Don't let the title fool you, this isn't just a book on investing advise. The first half is a thoughtful and easy to understand explanation of the problems of the US Economy, their origins and propagation by government, and where we are headed. Considering publishing date, Schiff accurately predicts the current housing and credit crisis. He also debunks government CPI numbers and explains their obvious manipulation. After reading and learning more about the economy, it's hard to disagree with his conclusions about our future financial stability.

Additional Info:
Schiff is a frequent commentator on business news shows on Fox CBS and others. Every clip he has ever done is up on his website going back many years, so you can see how accurately he has predicted economic events using common sense free-market thinking. The site is Schiff is the CEO of Euro Pacific Capital, a successful investment firm specializing in foreign investments under the assumption the US economy/dollar is a train wreck waiting to happen. I'll note the iinvestments EuroPac specializes in like commodities (gold, oil) as well as foreign stock (gold related, oil related, food and farming related) have all done fantastically these last few years. I've never heard a negative review from a client, ever =) My boss just got into gold with them last year and is quite pleased with the results so far.

Last edited by Malakai; 08-06-2008 at 01:06 AM..
Old 08-06-2008, 12:48 AM Malakai is offline  
Reply With Quote