The Capitalists Bible: The Essential Guide to Free Markets--and Why They Matter to You

(Paperback)

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From hedge funds to arbitrage to Roth IRAs to globalization, capitalism and all that it entails is often complicated, jargon-prone, and intimidating. Today, as the triumphs, excesses, and failures of free market capitalism and globalization continue to hold sway over the daily news and our daily lives, this essential reference offers a compendium of capitalism's many aspects - from the mechanisms and institutions that uphold it to the terms and laws that define it. Edited by Gretchen Morgenson, a leading business journalist at the "New York Times", "The Capitalist's Bible" will be one-stop shopping for readers who want to learn the basic concepts of the economic system that underwrites the American (and increasingly, world) economy. It will include enlightening sections like: Capitalism 101, Capitalist Chronology, People Every Capitalist Should Know, Capitalist Successes, Disasters in Capitalism, Must-Reading for Capitalists, and Capitalist Glossary. "The Capitalist's Bible" will also feature a preface by Morgenson and an introduction by Robert J. Samuelson, a columnist for "Newsweek" and the "Washington Post" and the author of "The Good Life and Its Discontents: The American Dream in the Age of Entitlement" (1995) and "Untruth: Why the Conventional Wisdom is (Almost Always) Wrong" (2001).

Reviews

"The Capitalist's Bible is well-suited for individual investors hoping to glean anything that might prove beneficial to their portfolios, but it's also perfect for students or devotees of economics...[It] is an admirable competitor for the title of [the capitalist's] greatest tool." -- Better Investing

"A timely and informative primer...Morgenson's book is essential for all who want to improve their capitalism literacy." -- Library Journal

Author Bio

Gretchen Morgenson, the editor of THE CAPITALIST'S BIBLE, is assistant business and financial editor and a columnist at The New York Times where she has covered the world financial markets since 1998. In 2002, she won the Pulitzer Prize for her "trenchant and incisive" coverage of Wall Street. Having worked as a stockbroker at Dean Witter Reynolds in the early 1980s, Morgenson lends her reporting a depth of knowledge and skepticism uncommon in financial journalism.