''Eat the Rich: A Treatise on Economics'' is a 1998 book by

P. J. O'Rourke Patrick Jake O'Rourke (November 14, 1947 – February 15, 2022) was an American libertarian political satirist and journalist. O'Rourke was the H. L. Mencken Research Fellow at the libertarian Cato Institute and a regular correspondent for ''T ...

which explains

economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics anal ...

in a humorous way. Its chapters include ''Good

Capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...

'' (

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

), ''Bad Capitalism'' (

Albania Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and share ...

), ''Good

socialism Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes th ...

'' (

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic countries, Nordic c ...

), ''Bad socialism'' (

Cuba Cuba ( , ), officially the Republic of Cuba ( es, República de Cuba, links=no ), is an island country comprising the island of Cuba, as well as Isla de la Juventud and several minor archipelagos. Cuba is located where the northern Caribb ...

), and an intermission on "Economics 101", teaching facts that your economics professor didn't tell you, including the "ten less basic rules of

". Subsequent chapters are on ''How to make everything out of nothing'' (

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a List of cities in China, city and Special administrative regions of China, special ...

), ''How to make nothing out of everything'' (

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands ...

), ''How (or how not) to reform (maybe) an economy (if there is one)'' (

Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-ei ...

) and ''Eat the rich'', the last an

encomium ''Encomium'' is a Latin word deriving from the Ancient Greek ''enkomion'' (), meaning "the praise of a person or thing." Another Latin equivalent is ''laudatio'', a speech in praise of someone or something. Originally was the song sung by the ...

capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...

. O'Rourke uses wit and an entire lack of mathematics (except in rare glances for parody) to claim that economics is something we all do every day, and only economists seem to find it difficult. He states, for example, that he has read ''

The Wealth of Nations ''An Inquiry into the Nature and Causes of the Wealth of Nations'', generally referred to by its shortened title ''The Wealth of Nations'', is the '' magnum opus'' of the Scottish economist and moral philosopher Adam Smith. First published in ...

'' without finding any mathematics in it at all. In the Acknowledgements, O'Rourke admits to stealing the title which he first saw on a Lebanese Shi'ite Militia T-shirt in the mid 80's. He also remembers later hearing its appropriation in an Aerosmith song and acknowledges its use in the

Motörhead Motörhead () were an English rock band formed in London in 1975 by Lemmy (lead vocals, bass), Larry Wallis (guitar) and Lucas Fox (drums). Lemmy was also the primary songwriter and only constant member. The band are often considered a prec ...

song, " Eat the Rich".

References

External links

Podcast of PJ O'Rourke talking about ''Eat the Rich''
on the BBC's ''

World Book Club ''World Book Club'' is a radio programme on the BBC World Service. Each edition of the programme, which is broadcast on the first Saturday of the month with repeats into the following Monday, features a famous author discussing one of his or her ...

'' *
Presentation by O'Rourke on ''Eat the Rich'', September 15, 1998

C-SPAN Cable-Satellite Public Affairs Network (C-SPAN ) is an American cable and satellite television network that was created in 1979 by the cable television industry as a nonprofit public service. It televises many proceedings of the United States ...

''Booknotes'' interview with O'Rourke on ''Each the Rich'', January 3, 1999

1998 non-fiction books Economics books Comedy books Atlantic Monthly Press books {{econ-book-stub

References

Further reading

External links