The way the world works
by Jude Wanniski · first published 1978
3mentions
2recommended by
2HN commenters
2010–2016first – last mentioned
100% recommend
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…https://en.wikipedia.org/wiki/Reminiscences_of_a_Stock_Opera... And you'll see a lot of recommendations for everything from Hazlitt to Piketty, but my favorite you never see recommended for macro is The Way the World Works by Jude Wanniski. He was one of the life long Democrats who became a Reagan advisor (and basically quickly turned back into a Dem before passing away about ten years ago): https://www.amazon.com/Way-World-Works-Gateway-Contemporary/...…
on “Ask HN: What are the must-read books about economics/finance?” ↗Read a great book about how destructive such high taxes are called The Way The World Works by Jude Wanniski.
on “American income tax rates from 1944 to 1963 were 92% [pdf].” ↗…So I really don't see how that's stealing. Fiat money is another matter entirely. As most fictional things are quite different than real things. Jude Wanniski makes an excellent case for gold in The Way the World Works. He also explains why inflation is so dangerous. I encourage you to check it out.
on “Recycling Capital: The Key To The Startup Economy” ↗