Prosperity Lost

By Philip Mattera

No Synopsis Available.

• Format: Hardcover
• Language: English
• ISBN: 0201198975
• ISBN13: 9780201198973
• Release Date: January 1990
• Publisher: Addison-Wesley
• Length: 247 Pages

Customer Reviews

Insanity Found!

Philip Mattera's anecdotal and statistical analysis of the "loss" of prosperity amounts to nothing more than an intellectually and economically incoherent rehashing of Marxist principles. Fortunately, he is so good at showing the absurd and evil roots of his "thinking" that even the most dense reader will see right through the ideas presented. In this sense, Mr. Mattera has performed an invaluable service for freedom---the equivalent of an antidote for the very ideas he claims to promote. A specific example: He proposes (since we are "humane" enough to have a minimum wage even though it has been shown unequivocably to destroy jobs and harm the workers at the bottom of the employment ladder), we should also have MAXIMUM wage law, so that entrepreneurs, the people who CREATE all those jobs, will have no further incentive to do so. The idea is simple enough: Mr. Mattera obviously recognizes that the minimum wage law has too subtle an impact, and harms too few people. He proposes to undo decades of development in one fell swoop, preventing millions of jobs from being created and eliminating millions of already-existing jobs. He is ambitious! Of course, this law would have one effect which Mr. Mattera does not openly consider--it would make many more people dependent on the government, which is, of course, the final goal of this Marxist screed. Read it for laughs, and to learn what the enemy calls "thinking."