Rising Prices Are Not the Enemy
What we find in these pages runs against the current torrent of mainstream media and conformist political credos: It’s an appreciation of prices, dispensing treatments for misguided thinking. It shows, among its defenses of market pricing, some of the reasons behind our recent shaky economy — at a time when we are making more dollars yet finding less money with value.
Don’t look here if you truly believe that rent controls help the needy. Go elsewhere — there are plenty of others willing to hand out such misdirections — if you trust the accepted judgment that inflation is caused by corporate greed. If you are sure that workplace discrimination is to blame for what we are told is a “gender pay gap,” you will not be comfortable with the facts provided by the scholars in The War on Prices.
On the other hand, you can happily feed on chapters that do supply what is promised by their titles — broken up into three parts about inflation, prices and price controls, and value — such as “A Rising Product Price Doesn’t Cause Inflation,” “Price Controls Have Been Disastrous Throughout History,” and “High CEO Pay Is Not a Simple Story of Rent Seeking.” There are many more such toothsome topics (at least for economic nerds) among the 26 chapters.
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