Book Review

The Midas Paradox Book Review: Business Economics Journal


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First we had the paradox of thrift. Now Scott Sumner brings us the Midas paradox. In this book, Sumner reopens the discussion of the Great Depression—why it occurred and why it lasted so long. The book is the culmination of 30 years of work and it draws on previously unpublished data to give us a fresh look at the most important economic event in the history of the American Republic. Economists who read it won’t be disappointed.

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John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the “Father of Health Savings Accounts.”


  New from John C. Goodman!
A BETTER CHOICE: Healthcare Solutions for America
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to “repeal and replace” it. However, the question is: Replace it with what?