Alex J. Pollock's Books

The Real Tax Burden

More than Dollars and Cents

By: Alex M. Brill,Alan D. Viard

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The Real Tax Burden

More than Dollars and Cents

By: Alex M. Brill,Alan D. Viard

Endowed with the authority to enforce justice, government is a necessary prerequisite to human flourishing. Citizens rightfully bear the responsibility to contribute to the existence of just government through the rendering of taxes. Because tax policy is also a reflection of values, citizens in a democratic society should be concerned with how taxes are collected and spent. In Real Tax Burden: More than Dollars and Cents, Alan Viard and Alex Brill explain everything you need to know to understand taxes in America today. The authors describe who pays what and why, the implications of the current system, and provide a vision for reform that is simple, effective, and consistent with our values.

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Page Count

115

Publisher

AEI Press

Published Date

ISBN 10

0844772119

ISBN 13

9780844772110

Surprised Again!―The COVID Crisis and the New Market Bubble

By: Alex J. Pollock,Howard B. Adler

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Surprised Again!―The COVID Crisis and the New Market Bubble

By: Alex J. Pollock,Howard B. Adler

“What will not surprise you is the wisdom, wit, and insight that Alex Pollock and Howard Adler bring to this indispensable guide to financial prophecy. The future may be a closed book, but you must open—and read—this one.”—James Grant, Grant’s Interest Rate Observer “Surprised Again! will demystify finance for students and give experts a deeper understanding of things they thought they knew.”—Christopher DeMuth, Distinguished Fellow, Hudson Institute and former President, American Enterprise Institute “A masterful survey of the financial sector and its post-COVID dependence on easy money from the Federal Reserve. This book is the first place to turn for a clear exposition of key financial topics—housing, municipal debt, pension funds, student loans, cryptocurrencies, and more. The reader will be surprised yet again at the extent of financial problems lurking below the surface.”—Thomas H. Stanton, Johns Hopkins University About every ten years, we are surprised by a financial crisis. In 2020, we were Surprised Again! by the financial panic of the spring triggered by the Covid-19 pandemic. Not one of the 30 official systemic risk studies developed in 2019 had even hinted at this financial crisis as a possibility, or at the frightening economic contraction which resulted from the political responses to control the virus. In response came the unprecedented government fiscal and monetary expansions and bailouts. Later 2020 brought a second big surprise: the appearance of an amazing boom in asset prices, including stocks, houses, and cryptocurrencies. Alex Pollock and Howard Adler lived through this historic instability while serving as senior officials of the U.S. Department of the Treasury. Their book lays out the many elements of the panic and its aftermath, from the massive elastic currency operations which rode to the rescue by financing the bust with unprecedented government debt, to the consequent asset price boom, which included a renewed bubble in house prices financed by government guarantees. It considers key leveraged sectors such as commercial real estate, student loans, pension funds, banks, and the government itself. It reflects on how to understand these events both in retrospect and prospect.

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Page Count

270

Publisher

Paul Dry Books

Published Date

ISBN 10

1589881656

ISBN 13

9781589881655

Boom and Bust

Financial Cycles and Human Prosperity

By: Alex J. Pollock

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Boom and Bust

Financial Cycles and Human Prosperity

By: Alex J. Pollock

While the recent economic crisis was a painful period for many Americans, the panic surrounding the downturn was fueled by an incomplete understanding of economic history. Economic hysteria made for riveting journalism and effective political theater, but the politicians and members of the media who declared that America was in the midst of the greatest financial calamity since the Great Depression were as wrong and misguided as the expansionists of the Roosevelt era. In reality the cyclical nature of market economies is as old as the markets themselves. In a free market system, financial downturns inevitably accompany economic prosperity-but the overall trend is upward progress in living standards and national wealth. While it is helpful to understand what caused the recent crisis, the more important questions to consider are 'What makes the 'boom and bust' cycle so predictable?' and 'What are the ethical responsibilities of the citizens of a free market economy?' In Boom and Bust: Financial Cycles and Human Prosperity, Alex J. Pollock argues that while economic downturns can be frightening and difficult, people living in free market economies enjoy greater health, better access to basic necessities, better education, work less arduous jobs, and have more choices and wider horizons than people at any other point in history. This wonderful reality would not exist in the absence of financial cycles. This book explains why.

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108

Publisher

Government Institutes

Published Date

ISBN 10

0844743844

ISBN 13

9780844743844

Finance and Philosophy

Why We’re Always Surprised

By: Alex J. Pollock

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Finance and Philosophy

Why We’re Always Surprised

By: Alex J. Pollock

Taking the 2008 financial crisis as his jumping off point, Alex Pollock deftly illustrates how private firms and governments alike have failed to understand the shifting risks that financial systems create. With candor, clarity, and wit, he uncovers the persistent uncertainties inherent in banking, central banking, and economics. “At the height of the 2008 financial panic, Queen Elizabeth plaintively asked why nobody saw it coming. In the winning pages of Finance and Philosophy, Her Majesty can find the answer. With a lightness of touch that belies the complexity of his subject, Alex Pollock shows why the financial future is now, why it has been and always must be a closed book. A successful banker and gifted writer, Pollock tells us all we need to know about money and banking, risk and uncertainty, debt and temptation, and science and economics. He delights as he instructs.”—James Grant, founder and editor, Grant’s Interest Rate Observer “Why can’t human beings take the lessons of boom and bust, bubbles and crashes that are clearly described in history books—and learn from experience? That’s where Mr. Pollock’s wry humor and philosophic bent help understand the hubris that makes every generation believe that not only can it predict the markets, but control them . . . [Finance and Philosophy] should be required reading in economics classes, or before opening an investment account—and by every member of Congress.”—The Washington Times Alex J. Pollock is a distinguished senior fellow at the R Street Institute in Washington, DC. He was a resident fellow at the American Enterprise Institute from 2004 to 2015, and President and Chief Executive Officer of the Federal Home Loan Bank of Chicago from 1991 to 2004.

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191

Publisher

Paul Dry Books

Published Date

ISBN 10

1589881303

ISBN 13

9781589881303

How Christianity Built Western Civilization

By: Dr. Alex Locay

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How Christianity Built Western Civilization

By: Dr. Alex Locay

Today, the voices from the secular left are hard at work removing any trace of religion from government and the law. Meanwhile, secular historians have successfully limited Christianity’s contribution in history to the Crusades and Inquisitions; as if that is all Christians have to speak for. The real story is quite different, primarily that everything good in Western Civilization has its roots in the Christian religion. How Christianity Built Western Civilization is the epic tale of how our Christian forefathers stood up to history’s darkest forces, to forge a new way of life, grounded in the biblical worldview. Over the centuries it has become evident that Western Civilization has emerged as mankind’s greatest achievement. It is here where the greatest political and economic systems were born, and here that we see the concept of human rights emerge, along with the modern scientific process and the greatest discoveries. It is in the West that we find the most advanced educational institutions, along with the greatest charities, artistic masterpieces and architectural innovations. Is this a coincidence, or the deliberate result of our worldview? How Christianity Built Western Civilization answers this question with chapters on human rights, modern science, universal education, charity, art and architecture; focusing entirely on the revolutionary milestones and individuals that made these achievements possible. Each chapter unfolds chronologically, starting with the biblical foundation and moving through the work of the early and Medieval Church, arriving at modern times. The author builds a compelling case demonstrating how Western Civilization would be indistinguishable from India, China or Africa today, if not for the teachings of Christ and the Bible.

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Page Count

240

Publisher

WestBow Press

Published Date

ISBN 10

1664242481

ISBN 13

9781664242487

Capitalist Punishment

Prison Privatization and Human Rights

By: Alex Friedman

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Capitalist Punishment

Prison Privatization and Human Rights

By: Alex Friedman

Over 100,000 people in the U.S. are incarcerated in prisons owned and operated by private corporations--a booming business. But how are the human rights of prisoners and prison employees affected when prisons are run for profit? An accomplished group of human rights writers and activists explores the historical, political and economic context of private prisons: * How are prisoners' lives affected by privatization? * How does it impact prison labor and prison employees? * How and why are private prisons becoming transnational? * Are women, children, and African and Native Americans affected differently from other populations? * How is privatization connected to the war on drugs, the criminalization of poverty and 'tough on crime' politics? The preface is by Sir Nigel Rodley, Professor of Law at the University of Essex; former United Nations Special Rapporteur for Torture; and knighted in 1999 for recognition of services to human rights and international law.

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Page Count

481

Publisher

SCB Distributors

Published Date

ISBN 10

0932863841

ISBN 13

9780932863843

Surprised Again!―The COVID Crisis and the New Market Bubble

By: Alex J. Pollock,Howard B. Adler

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Surprised Again!―The COVID Crisis and the New Market Bubble

By: Alex J. Pollock,Howard B. Adler

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Page Count

270

Publisher

Paul Dry Books

Published Date

ISBN 10

1589881656

ISBN 13

9781589881655

Finance and Philosophy

Why We’re Always Surprised

By: Alex J. Pollock

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Finance and Philosophy

Why We’re Always Surprised

By: Alex J. Pollock

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191

Publisher

Paul Dry Books

Published Date

ISBN 10

1589881303

ISBN 13

9781589881303

Boom and Bust

Financial Cycles and Human Prosperity

By: Alex J. Pollock

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Boom and Bust

Financial Cycles and Human Prosperity

By: Alex J. Pollock

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Solve jigsaw puzzle

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Page Count

108

Publisher

Government Institutes

Published Date

ISBN 10

0844743844

ISBN 13

9780844743844

Book's by Alex J. Pollock

The Real Tax Burden

The Real Tax Burden

Surprised Again!―The COVID Crisis and the New Market Bubble

Surprised Again!―The COVID Crisis and the New Market Bubble

Boom and Bust

Boom and Bust

Finance and Philosophy

Finance and Philosophy

How Christianity Built Western Civilization

How Christianity Built Western Civilization

Capitalist Punishment

Capitalist Punishment

Surprised Again!―The COVID Crisis and the New Market Bubble

Surprised Again!―The COVID Crisis and the New Market Bubble

Finance and Philosophy

Finance and Philosophy

Boom and Bust

Boom and Bust

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