Free ebook: The Morality of Capitalism by Tom G. Palmer

Today I finished reading a great book titled “The Morality of Capitalism” written by Tom G. Palmer.

The book is the result of a project done by the US based think tank “Students for Liberty“. As explained by the think tank leaders, the book was written as a “new tool in the fight for liberty, a new book on The Morality of Capitalism, What Your Professors Won’t Tell You.”

About the book by John Mackey, CEO of Whole Foods

The book can be downloaded for free in the following website: full PDF of The Morality of Capitalism, What Your Professors Won’t Tell You or can be bought at only $0.99 in a Kindle format via Amazon.com

About The Book

“Love and friendship are the fruits of mutual benefit through cooperation, whether in small or in large groups.  Without such mutual benefit, society would simply be impossible.” – Tom G. Palmer

The book combines the writings of various philosophers, economists, Nobel Prize winners, and entrepreneurs to make the case that not only do “markets deliver the goods” as Vernon Smith says, but that a true free market system is a prerequisite for a just, prosperous, and cooperative society.

More resources like videos, websites, and similar works in Arabic, Chinese, French, and many other languages can be found in this link.

April 23, 2012. World Book and Copyright Day

Today I am joining the celebration of the World Book and Copyright Day (also known as International Day of the Book or World Book Days) a yearly event on 23 April, organized by UNESCO to promote readingpublishing and copyright. The Day was first celebrated in 1995 and in 2012 the UK World Book day was celebrated on March 1, 2012.[1]

As part of my celebration I am sharing with you some quotes from one of my favorite books.  This year I have chosen the book “The Law” written by Frederic Bastiat.  The book was first published as a pamphlet in June, 1850  and later became widely read in Europe and the world.

Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.” ― Frédéric Bastiat, The Law

In The Law, Bastiat states that “each of us has a natural right — from God — to defend his person, his liberty, and his property”. The State is a “substitution of a common force for individual forces” to defend this right. The law becomes perverted when it punishes one’s right to self-defense in favor of another’s acquired right to plunder.

Bastiat defines two forms of plunder: “stupid greed and false philanthropy”. Stupid greed is “protective tariffs, subsidies, guaranteed profits” and false philanthropy is “guaranteed jobs, relief and welfare schemes, public education, progressive taxation, free credit, and public works”. Monopolies and Socialism are legalized plunder which Bastiat emphasizes is legal but not legitimate.

If you are interested in reading more about this ideas here are the links to the book,

The Law (English Edition) via Amazon.com

La Ley (Spanish Edition) via Amazon.com

La Loi (annoté) (French Edition) via Amazon

Amazon’s top 10 History Books of 2011

In the Garden of Beasts: Love, Terror, and an American Family in Hitler's BerlinLost in Shangri-La: A True Story of Survival, Adventure, and the Most Incredible Rescue Mission of World War IICatherine the Great: Portrait of a WomanThe Greater Journey: Americans in ParisA History of the World in 100 Objects

The Best Books of 2011

Save up to 40% on our editors’ picks for the top 100 best books of the year, plus year-end top 10s in over two dozen categories

So many books. So many choices. It’s not easy putting together a list of the year’s best books, but we’ve held many meetings and votes, we’ve pored over the books and occasionally poured our hearts out to get you this final Top 100. For every book on the list, there has been an impassioned plea and an argument made–so don’t just look at the Top 10 or 20. There are great books all up and down the Top 100 list. One of them might be the perfect read for you.


The Great Sea: A Human History of the Mediterranean
Radioactivity: A History of a Mysterious ScienceDestiny of the Republic: A Tale of Madness, Medicine and the Murder of a President

The Longest War: The Enduring Conflict between America and Al-Qaeda1861: The Civil War Awakening