Pronunciation: [d͡ʒˈɔːd͡ʒ ɹˈa͡ɪzmən] (IPA) 
The proper spelling of "George Reisman" is pronounced /dʒɔrdʒ ˈraɪzmən/. The first part "George" is spelled phonetically as "dʒɔrdʒ" with the "dʒ" sound representing the "j" sound in "jump". The last name "Reisman" is spelled "ˈraɪzmən" with the "ɪ" sound representing the short "i" sound in "lip". It is important to use accurate phonetic transcriptions to ensure proper pronunciation and spelling of names and words.
George Reisman is an American economist and author known for his contributions to the field of Austrian economics. He was born on January 13, 1937, in New York City and obtained his Bachelor of Arts, Master of Arts, and Doctor of Philosophy degrees from the New York University.
As a prominent advocate of the Austrian School of Economics, Reisman's work focuses on promoting free-market capitalism and individual rights. He has authored several scholarly works, including "Capitalism: A Treatise on Economics," which is considered his magnum opus. This comprehensive book extensively covers a wide range of economic topics, including theory, history, prices, profits, investment, money, and government intervention.
Reisman's economic philosophy is rooted in the principles of laissez-faire capitalism. He advocates for the minimization of government interference in the economy, emphasizing the importance of individual freedom, property rights, and voluntary exchange. Reisman argues that capitalism, in its pure form, leads to the optimal allocation of resources, economic efficiency, and overall prosperity.
Apart from his academic contributions, Reisman is also recognized for his insightful critiques of socialist and interventionist economic systems. He analyzes the inherent flaws and harmful consequences of centralized planning, wealth redistribution, and excessive regulation.
Overall, George Reisman's extensive body of work continues to shape economic discourse and offers a compelling defense of free-market capitalism.
