- Report this article
Colby S. Van Sickler
Colby S. Van Sickler
We Help Business Owners and Executives Create 50-70% More Retirement Income | Remove Assets & Income Off the Radar of the IRS Legally | Private Wealth Manager
Published Nov 2, 2021
+ Follow
Timeless insights from some of the greatest thinkers in economic history.
There area handful of economics bookseveryone should read.
Economics in One LessonandFree to Choose, the classic works written by Henry Hazlitt and Milton Friedman, respectively, are on that list. A personal favorite is Thomas Sowell’sBasic Economics, a book that kindled my own interest in economics many years ago.
FromThe Wealth of Nations(1776) toFreakonomics(2005), there are many and more works in between that people would argue are must-read economics texts, includingLudwig von Mises’Human Action.
Though I’d encourage people to read in fullallthe best economics books, it’s unlikely most will find the time. Fortunately, with David L. Bahnsen’s forthcoming bookThere's No Free Lunch: 250 Economic Truths,they don’t necessarily have to.
In his latest work, Bahnsen—aNational Reviewcontributor, Chief Investment Officer of The Bahnsen Group, and FEE supporter—has collected centuries worth of economic wisdom into a single text to show precisely what the title implies: thereareno free lunches.
The notion that free lunches don’t exist—TNSTAAFL, an idea popularized by the Nobel Prize-winner Friedman who used it as the title of a 1975 book—is both obvious and self-evident. Yet following a year that saw the Federal Reserve “flood the system with money” to fund an unprecedented government expansion—which included simply sending$1,400 checksto individuals—it’s a lesson that has never been more important.
Bahnsen’s book, scheduled for release on November 9, helps readers understand why there is no such thing as a “free lunch”—and much more. Exploring topics ranging from self-interest, free trade, incentives, credit and sound money, private property, and socialism (and many more), Bahnsen curates some of the most profound economic insights in history, adding his own reflections along the way.
While some of the reflections will be familiar to readers, many of them will not be—even for seasoned readers of economics. Here is just a small sampling of the insights you’ll find.
Help improve contributions
Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. This feedback is private to you and won’t be shared publicly.
Contribution hidden for you
This feedback is never shared publicly, we’ll use it to show better contributions to everyone.
Like
Celebrate
Support
Love
Insightful
Funny
2
To view or add a comment, sign in
More articles by this author
No more previous content
- 32 million small businesses are about to get blindsided Dec 12, 2023
- The Bond Market Is Screaming for Rate Cuts Dec 7, 2023
- 4 Reasons to Keep Your Mortgage in Retirement Nov 28, 2023
- Beef Company CEO Stands Up To Big Pharma: “I’ll Shut Down the Company Before We Ship a Single Bag With mRNA-Injected Meat” Oct 26, 2023
- Expert: Asset Managers Using State Pensions to Push ‘Racial Equity Audits’, Green Energy Schemes Sep 29, 2023
- 12 Truth Bombs from Milton Friedman Sep 25, 2023
- The Most Dangerous Man in the World Sep 25, 2023
- Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says Aug 25, 2023
- Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says Aug 21, 2023
- Using Fuzzy Math to Push a Narrative Aug 1, 2023
No more next content
Sign in
Stay updated on your professional world
Sign in
By clicking Continue, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
Insights from the community
- Economics How can you deepen your understanding of Economics?
- Economics How can you become a thought leader in the field of Economics?
- Economics What are some examples of successful problem solving in economics?
- Economics What are some creative ways to make economics more interesting to students who struggle with math?
- Economics You're struggling to stay up-to-date with the latest economic developments. What's the best way to keep pace?
- Economics How can you find leadership opportunities in economics?
- Economics How can you build your confidence in Economics?
- Economics How can you maximize your earnings as an independent consultant in economics?
- Economics How do you fill your knowledge gaps in economics?
- Economics How can you apply historical economic theories to modern business?
Others also viewed
- Economics in One Virus (2021) - 2021 Book #14 Jeff Krimmel 2y
- Can Economics Build a Better World? 🇮🇪Louise Ward 4mo
- Doughnut Economics by Kate Raworth Alon Ben Joseph 3y
- WHY ECONOMICS ??THE RELATIONSHIP BETWEEN SOCIETY AND ECONOMICS Dr Sudhanshu Bhushan 2mo
- Doughnut economics: Kate Raworth's Insights into 21st-Century Economics Maya Jonkman (Kulyabina) 3mo
- Debunking Economics - Steve Keen Dougald Lamont 7y
- ECONOMICS OF 2021- LOOKING FORWARD TO A NEW NORMAL 2021: THE TIME - YEAR - TO ACT Dr Sudhanshu Bhushan 2y
- REMARKS ON ECONOMICS Shiva Kumar Srinivasan 6y
- Economics Rules. Carlos Xavier Brenes Hurtado 7y
Explore topics
- Sales
- Marketing
- Business Administration
- HR Management
- Content Management
- Engineering
- Soft Skills
- See All