George P. Schwartz, CFA
TAN Books, 266 pages
Socialism as an economic system has never worked, asserts George P. Schwartz, investment fund manager and founder of the Ave Maria Mutual Funds, which offer portfolios that respect pro-life and pro-family values. In addition to presenting a rousing endorsement of free-market capitalism, Schwartz describes how investors can reap the benefits of economic growth without backing morally objectionable enterprises — insurance firms that cover elective abortions, for example, or companies with ties to pornography or Planned Parenthood. Earning profit from principal does not require sacrificing principles, and Schwartz shows how this is not only possible, but also the right thing to do.