Juggernaut

The Rise and Fall of an Economic Behemoth

By: Eric Robert Morse

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Hardcover | 1 June 2021 | Edition Number 2

At a Glance

Hardcover
496 Pages

Dimensions(cm)
22.86 x 15.24 x 3.18

Hardcover

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The 10th anniversary edition of the groundbreaking theory of political economy-updated, expanded, and revised. By historical accounts, there has never been a better time to be alive. More than 25% of all the wealth ever created was produced in the last ten years, extreme poverty was cut in half, and child mortality was reduced by a third among other staggering world statistics. Average Americans live better today than kings two hundred years ago could ever imagine.

But, if life is improving so significantly, why do we still see so much misery in the media? Why do we see incessant quibbling on social networks? Why is it that the average Americans who live better than kings feel like they are just getting by?

Juggernaut is a story about the Western economic tradition, how it was developed, and what brought about its catastrophic demise. Author Eric Robert Morse presents a clear-eyed and captivating journey from the dawn of Free-Market Capitalism during the Age of Exploration through the Enlightenent and the Industrial Revolution to the rise of Keynesianism and the dominance of the Welfare State.

Drawing from all corners of political, social, and economic study, including specialism and the division of labor, competition and Game Theory, and Statism and Public Choice Theory, Morse weaves together a groundbreaking economic theory, which promises to revolutionize the way you view economics and modern living altogether.

Industry Reviews

This is one of these big ideas. And, if you're persuaded of this big idea, you're going to look around and see it everywhere.

--Jerry Bowyer, American Entrepreneur Radio

A trenchant analysis of America's economic woes with a radical message that will resonate with both business and anti-business groups.

--Jeff Cunningham, Founder and Editor, Directorship Magazine

Draws a great deal from the Austrian School of Economics and also from the Public Choice Theory. But presents an interesting twist on ... our inability to escape from a huge web of interdependencies.

--Parapundit.com

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