[Download] 👈 B.o.o.k.s There’s No Free Lunch: 250 Economic Truths

There’s No Free Lunch: 250 Economic Truths

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Review : The best way to defend the cause of human flourishing against this current onslaught of dangerous economic thinking is to relearn time-tested economic truths. The verdict is in: Free enterprise has lifted billions of people out of abject poverty all over the world and provided a higher quality of life than has ever been thought possible. But a growing case is forming in public opinion against free markets, and for a significantly larger command & control management of the economy. Whether you call it socialism or progressive leftism, more and more people are turning away from the forces of freedom and social cooperation that made the last two hundred years of prosperity possible, and embracing a system that deprives human beings of their dignity, impoverishing whole societies both financially and spiritually. What David Bahnsen does here is pull from the masters—the great economic voices of the past and the present—to remind readers of the basic economic truths that must serve as our foundation in understanding the challenges of today. In 250 vital points, he combines pearls of wisdom from economic legends with his own careful commentary to provide readers the perspective, information, and reaffirmation they need in order to see economics for what it is. It will empower you and equip you with the truth—250 truths—that are crucially needed to keep the lights on in civilization and advance the cause of human flourishing. Read more

 

Review : Who says there’s no free lunch? David Bahnsen does, in his new book, “There’s No Free Lunch.” It is a compendium of some of the greatest historical economic writings, consisting of a quote with Bahnsen’s commentary attached, each fitting (with rare exception) onto one neat page. I liken it to a Reader’s Digest of sound economic theory. Better yet, it is structured in such a way that it could be used as an economics daily devotional, wherein you take one page per day, meditate on it, and absorb its truth. It’s not only a quick first read, but also something that you’ll want to re-read, and refer to over and over, because there’s just so much wisdom contained therein. Bahnsen is an apostle of the gospel of the open market. As such, he sees truths that are as self-evident to his view of economics as are life, liberty, and the pursuit of happiness to constitutionalism. He extols freedom, virtue, and private property rights. He rails against government intrusion into the open market through excessive regulation and taxation, wage/price manipulation, and redistribution. And all his postulations relate to the quotes of the economic sages. The foundation of the book, which undergirds Bahnsen’s rigorous defense of capital markets, is an implicit understanding of Biblical principles. I especially enjoyed the chapter on Covetousness and Class Envy. In it, he points out that much of what is wrong with the current state of economics stems from society’s violation of the Tenth Commandment. He asserts that capitalist activity should not be driven by craven greed, but informed by what he calls “the world-transforming uniqueness of American aspiration.” In later chapters, he acknowledges “the dark side of the human condition” and says that “a lack of character undermines our efforts in a free economy.” The book is by no means a Christian apologetic, but the spirit of the Scriptures comes through in his economic worldview. It is often said that one must not judge a book by its cover, and in this case it’s true. If I have one criticism of the book, it is the cover! Bahnsen’s publisher did him no favor by allowing the first word “There’s” to be hyphenated. The first line reads “Ther-“ and the second “e’s” followed by each word on an individual line. I don’t know of any printing standard in which a single-syllable word can be hyphenated! Were I to see this on a bookstore shelf, I might skip the book for this stylistic faux pas. If there is a second printing, I’d advise getting it corrected. Even so, I do wholeheartedly recommend this terrific book.