When asked if it wasn’t hypocritical for a multimillionaire director of Hollywood films to denounce capitalism as “evil,” Michael Moore averred that the free-market economy “did nothing for me.” It was, presumably, a devotion to Sandinista economics that enabled his purchase of an expensive Upper West Side apartment and covered his daughter’s private-school tuition. While Mr. Moore’s gift for self-absurdity is rare, it is common to find capitalism’s beneficiaries bemoaning a system that generously rewards their talent and perseverance.
Such disapproval is not merely hypocritical and incoherent, says Joe Kernen, but wrong on the merits. In “Your Teacher Said What?!,” Mr. Kernen, a co-host of CNBC’s “Squawk Box,” undertakes to demystify and defend the free market, not least for his 10-year-old daughter, Blake, who frequently peppers him with questions about how prices are set and whether or not greed is good….
Via Book Review: Your Teacher Said What?! – WSJ.com.
Your Teacher Said What? is available ay Amazon, in print and electronic editions.