The Road To Economic Freedom

Frank Stronach came to Canada from Austria with a few dollars in his pocket, a lot of hustle and a hunger to succeed. In a few short years, the young Stronach went from washing dishes to starting up his own tool and die shop in a rented garage, working long hours and sleeping on a fold-up bed next to his machines. He would build that small shop into Magna International Inc., one of the biggest auto parts manufacturers in the world, with more than 118,000 employees in twenty-nine countries. For the first time, and in his own words, Canada’s greatest industrialist tells the remarkable story of how he overcame hardship and heartache to climb to the top of a fiercely competitive industry. Along the way, he shares the blueprint for his company’s spectacular success: a unique business philosophy he created called Fair Enterprise. This can’t- fail formula has fuelled the company’s unstoppable growth and allowed Magna to share billions of dollars in profit with employees, managers, shareholders and society. An inspirational story of business triumph and innovation, The Magna Man is also an invaluable guide for anyone eager to start a business acquire the skills of a highly effective leader or make a difference in the world.

Bringing together contributions from those who have wrote for the Institute of Economic Affairs, this text examines issues such as monetary policy, unemployment, and government regulation, as well as considering the power of language and ideas.

Entrepreneurship, personal responsibility, and upward mobility: These traditions are at the heart of the free enterprise system, and have long been central to America’s exceptional culture. In recent years, however, policymakers have dramatically weakened these traditions—by exploding the size of government, propping up their corporate cronies, and trying to reorient our system from rewarding merit to redistributing wealth. In The Road to Freedom, American Enterprise Institute President Arthur C. Brooks shows that this trend cannot be reversed through materialistic appeals about the economic efficiency of capitalism. Rather, free enterprise requires a moral defense rooted in the ideals of earned success, equality of opportunity, charity, and basic fairness. Brooks builds this defense and demonstrates how it is central to understanding the major policy issues facing America today. The future of the free enterprise system has become a central issue in our national debate, and Brooks offers a practical manual for defending it over the coming years. Both a moral manifesto and a prescription for concrete policy changes, The Road to Freedom will help Americans in all walks of life translate the philosophy of free enterprise into action, to restore both our nation’s greatness and our own well-being in the process.

The Road to Prosperity argues that traditional growth theories are outdated, and provides an alternative, 21st century model of development. Aimed at students and economists, but it is also accessible to the general reader.

Hong Kong has been one of the fastest growing East Asian economies since the end of the Second World War. The adoption and practice of economic freedom have been major pillars in its economic success. Indeed, the experience of Hong Kong has served as a reference for other emerging economies in the region. The scope of the book elaborates the context and ingredients of economic freedom that have brought success and prosperity to Hong Kong. With sovereignty reversion to China in 1997, it is even more relevant to see how economic freedom is shaping and adapting to the new environment. There exist a number of economic indices based on economic freedom. Hong Kong has been ranked as the freest economy in the world for a number of consecutive years. While the economic freedom indices compare the performance of a large number of word economies, there is a lack of economic literature that studies the absolute level of economic freedom of a single economy. This book boldly serves the purpose of elaborating on the absolute performance of economic freedom in the world's freest economy. It is, therefore, the first of its kind and unique in its field. Numerous areas of studies related to economic freedom are examined, studied and elaborated so that readers can have a full and comprehensive understanding of the content of economic freedom in Hong Kong. The Instructor's Manual and Study Guide is available upon request for all instructors who adopt this book as a course text. Please send your request to [email protected].

Our Long Walk to Economic Freedom is an entertaining and engaging guide to global economic history told for the first time from an African perspective. In thirty-five short chapters Johan Fourie tells the story of 100,000 years of human history spanning humankind's migration out of Africa to the Covid-19 pandemic. His unique account reveals just how much we can learn by asking unexpected questions such as 'How could a movie embarrass Stalin?', 'Why do the Japanese play rugby?' and 'What do an Indonesian volcano, Frankenstein and Shaka Zulu have in common?'. The book sheds new light on urgent debates about the roots and reasons for prosperity, the march of opportunity versus the crushing boot of exploitation, and why it is the builders of society – rather than the burglars –who ultimately win out.