Capitalism: A Treatise on Economics

"Capitalism: A Treatise on Economics" is a comprehensive work that explores the principles and mechanics of capitalism, the dominant economic system in many parts of the world. The author, George Reisman, discusses how free markets, private property, and voluntary exchanges drive economic growth and innovation. He emphasizes the importance of competition, entrepreneurship, and the role of profits in guiding resources effectively. By analyzing the benefits and challenges of capitalism, Reisman argues for its superiority over alternative systems, illustrating how it leads to greater prosperity, individual freedom, and societal progress when properly understood and implemented.