Are the Rich Necessary? cover

The Audiobook

Are the Rich Necessary?

Great Economic Arguments and How They Shape Our World

Hunter Lewis 25 Chapters 3 hr 55 min Free to Listen

Or in print: Amazon·Barnes & Noble

Hear the Opening

Chapter One

Ten dollars, left to compound at three percent, doubles every twenty-five years. Carry that out a thousand years and it comes to twice the wealth of the world. So why is anybody still poor? The book opens there, and takes about a minute to get where it is going.

Chapter One

Why Are We Still So Poor?

0:00 ——

Then carry on with the other twenty-four

Most books about economics argue for something. This one argues with itself. Eight questions sit underneath almost every quarrel about money and government, and each is put twice: once as strongly as its supporters would put it, then as strongly as its opponents would.

Teach it flat and teach it round, and then let the reader choose.

Are the rich necessary? Are private profits? Should we accept inequality, or the market's glorifying of greed? Can government protect us from the excesses of the profit system, and can central banks protect us from depressions? Nobody tells you the answers. The last chapters set out four ways of thinking about how people should live together, and leave you to notice which one your own answers have been pointing at all along.

A Library Journal Best Business Book of the Year

“Worth reading aloud on a family vacation.”
Gene Epstein, Barron’s
“Lewis . . . presents the arguments both for and against . . . allowing readers to judge for themselves.”
David Gordon, The Mises Review
“Pits the likes of Al Sharpton against Milton Friedman. Fair fight.”
Jesse Eisinger, Condé Nast Portfolio
“Highly readable . . . [with] punchy . . . argument[s].”
Harvard Magazine