The books listed below ought to be in your library IF:
• you want to be an informed citizen
• you want to stop being at the mercy of manipulators in politics and the media
• you want to promote general liberty, peace and prosperity in your own country and time
• you want to have influence over the cycle of crises and group conflict
• you want to understand the inviolable, natural laws governing human society
• (or even if you want to preserve and expand socialism and intellectually arm yourself against the capitalist pigs!)
A free republican (small 'R') society requires that YOU, the educated and informed citizen, learn the discipline and logic of the science of economics, not as you were taught by your Keynesian college professor or your closet socialist news commentator, but from the horses mouths; the men and women who have taken the pains to discover and articulate those laws. Their names are Ludwig von Mises, Adam Smith, Thomas Sowell, Ayn Rand, Friedrich von Hayek, Carl Menger, Eugen von Böhm-Bawerk, George Gilder, Milton Friedman, George Reisman, David Ricardo, John Locke, Frédérique Bastiat, Robert Bartely, Hernando
, Edmund Opitz, and many more. de Soto
So as not to overwhelm the newcomer to the subject, I have organized this bibliography into 4 parts:
• The Top Ten Easy-to-Read Popular Expositions on Economics
• The Top Ten Hardcore Scholarly Treatises on Economics
• The Top Five Most Rabid Anti-Capitalist Rants
• Other Authors and Books of Interest
The Top Ten Easy-to-Read Popular Expositions on Economics:
• Sowell, Thomas. Basic Economics, 4th Edition 2010 by Basic Books,
New York NY
• Von Mises, Ludwig. Economic Policy: Thoughts for Today and for Tomorrow, 2006 by Bettina Bien Grieves or 1979 by Regnery Gateway Inc.
• Gilder, George. Wealth and Poverty, 1993 by ICS Press
• Simon, Julian. The Ultimate Resource 2, 1998 by
Press. Princeton University
. Capitalism and Freedom, 1962, 1982 by the Milton Press University of Chicago
• Friedman, Milton and Rose. Free to Choose, 1980 by Harcourt Brace Jovanovich
, Hernando. The Mystery of Capital: Why Capitalism Triumphs in the West and Fails everywhere else, 2000 by Basic Books De Soto
• Hazlitt, Henry, Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, 1988 by Three Rivers Press
• Rand, Ayn. Capitalism: The Unknown Ideal, 1967 by Signet
• Von Hayek, Friedrich. The Road to Serfdom, 1994 by the
Press University of Chicago
The Top Ten Hardcore Scholarly Treatises on economics
Most of the following are all of the 1,000-plus page, literary academic variety. Difficult to approach at first, but well worth the journey.
• Smith, Adam. An Inquiry into the Nature and Causes of The Wealth of Nations, first published in Glasgow, Scottland in 1776; 1977 by the University of Chicago Press.
• Mises, Ludwig von. Human Action, first published in 1949. Get the Scholar’s Edition 1998 by the Ludwig von Mises Institute.
• Locke, John. Second Treatise of Government, first published in 1689. Contains the best-articulated foundation of private property and limited government to influence the American revolution of 1776.
• Ricardo, David. Principles of Political Economy and Taxation, first published in 1817; see The Works of David Ricardo collected by J.R. McCulloch, 2002, by the University of the Pacific.
• Say, Jean-Baptiste. A Treatise on Political Economy, first published in 1836; 2001 by Transaction Publishers
• Mill, John Stuart. Principles of Political Economy, first published in 1848; 2004 by Prometheus Books
• Bastiat, Frederique: Complete Works. Volumes I-VII including Economic Harmonies, Economic Sophisms, The Law and more, first published circa 1860; see 1907 by Guillamin
• Menger, Carl. Principles of Economics, first published 1871; available from the Ludwig von Mises Institute: www.mises.org.
• Rothbard, Murray. Man, Economy and State with Power and Market, first published in 1962 and 1970, respectively, now available together in one volume, 2004 by the Ludwig von Mises Institute. (Personal opinion note: I think Rothbard does an outstanding job of elaborating upon Human Action and working out its ramifications; Then he drives over a cliff. Consume responsibly.)
• Reisman, George. Capitalism, 1998 by Jameson Books,
. This 13-pound suitcase bomb is the culmination of all of the above. Ottawa, IL
The Top Five Most Rabid Anti-capitalist Rants
• Marx, Karl. Capital: A Critique of Political Economy (a.k.a. in German, 'Das Kapital'), first published circa 1866; see 1976/1992 by Penguin Classics
• Marx, Karl. The Communist Manifesto, first published circa 1848; see 2002 by Penguin Classics
• Keynes, John Maynard. The General Theory of Employment, Interest and Money, 1953 by Harcourt Brace Jovanovich.
• Galbraith, John Kenneth. The Affluent Society, first published 1958; see 1998 by Mariner Books.
• Galbraith, John Kenneth. The Great Crash of 1929, first published 1955; see 1997 by Mariner Books.
Other Authors and Books of Importance
• Sowell, Thomas: Knowledge and Decisions, The Search for Cosmic Justice, A Conflict of Visions, Migrations and Cultures, Conquest and Cultures, Capitalism and Freedom.
• Von Mises, Ludwig: Bureaucracy, Socialism.
, Hernando: The Other Path. De Soto
• Gilder, George: Knowledge and Decisions The Spirit of
• Von Hayek, Friedrich: The Errors of Socialism.
• Rand, Ayn: The Fountainhead, Atlas Shrugged.
• Wanniski, Jude: The Way the World Works.
• Bartley, Robert: The Seven Fat Years.
• Opitz, Edmund: Capitalism and Religion: Allies not Enemies.
• God: My Holy Word (The Bible --- pick your translation carefully)
Bibliography for a soon-to-be-announced Project:
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Allison, John A. The Financial Crisis and the Free Market Cure: Why Pure Capitalism Is the World Economy’s Only Hope. New York, NY: McGraw-Hill, 2012.
Back to the Future: Part II. Directed by Robert Zemeckis. 1989. Universal Pictures.
Bartley, Robert. The Seven Fat Years: And How to Do It Again. New York, NY: Free Press, 1992.
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Chambers, Whittaker. Witness. New York, NY: Random House, 1952.
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Coase, Ronald. The Firm, the Market and the Law. Chicago, IL: University of Chicago Press, 1988.
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Collier, Peter, and Horowitz, David. Destructive Generation: Second Thoughts About the Sixties. New York, NY: Summit Books, 1989.
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Darwish, Nonie. Cruel and Usual Punishment: The Terrifying Global Implications of Islamic Law. Nashville, TN: Thomas Nelson, 2009.
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De Soto, Hernando. The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. New York, NY: Basic Books, 2000.
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Free to Choose (TV series). Performed by Milton Friedman. 1980. PBS.
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Gilder, George. Knowledge and Power: The Information Theory of Capitalism and How It Is Revolutionizing Our World. Washington, DC: Regnery, 2013.
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Horowitz, David, and Laksin, Jacob. The New Leviathan: How the Left-Wing Money Machine Shapes American Politics and Threatens America’s Future. New York, NY: Crown Forum, 2012.
Hyde, Howard. “It’s the Constitution, Stupid!” Citizen Economics (blog), April 17, 2013, http://www.citizenecon.com/2013/04/its-constitution-stupid.html
———. Pull the Plug on Obamacare: A Citizen Pamphlet. Printed by author, 2013.
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Kane, Tim. “The Importance of Startups in Job Creation and Job Destruction.” Kauffman Foundation Research Series: Firm Foundation and Economic Growth, July 2010.
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Knowledge Products. The Audio Classics Series: Giants of Political Thought. Read by Craig Deitschmann. Nashville, TN: Carmichael & Carmichael, Inc., 1985.
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L’Auberge Espagnole (The Spanish Apartment). Directed by Cédric Klapisch. 2002. Mars Distribution.
Luntz, Frank. Words That Work: It’s Not What You Say, It’s What People Hear, New York, NY: Hachette, 2008.
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Murray, Charles. Losing Ground: American Social Policy, 1950-1980. New York, NY: Basic Books, 1984.
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Pipes, Sally. The Cure for Obamacare. New York, NY: Encounter Books, 2013.
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———. The Fountainhead. Indianapolis, IN: Bobbs-Merrill, 1943.
———. The New Left: The Anti-Industrial Revolution. New York, NY: New American Library, 1971.
Reagan, Ronald. An American Life. New York, NY: Simon & Schuster, 1990.
Reisman, George. Capitalism: A Treatise on Economics. Laguna Hills, CA: TJS Books, 1996.
Riley, Jason. Let Them In: The Case for Open Borders; Six Arguments Against Immigration and Why They are Wrong. New York, NY: Gotham Books, 2009
———. Please Stop Helping Us: How Liberals Make it Harder for Blacks to Succeed. New York, NY: Encounter Books, 2014
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———. The Economic Consequences of Immigration: Second Edition. Ann Arbor, MI: University of Michigan Press, 1999
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———. Conquest and Cultures. New York, NY: Basic Books, 1999.
———. The Housing Boom and Bust, Revised Edition. New York, NY: Basic Books, 2010.
———. Knowledge and Decisions. New York, NY: Basic Books, 1980.
———. The Thomas Sowell Reader. New York, NY: Basic Books, 2011.
———. Migrations and Cultures. New York, NY: Basic Books, 1997.
———. Race and Culture. New York, NY: Basic Books, 1995.
———. Wealth, Poverty and Politics: An International Perspective. New York, NY: Basic Books, 2015.
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———. Human Action: A Treatise on Economics. New Haven, CT: Yale University Press, 1949.
———. Socialism: An Economic and Sociological Analysis. New Haven, CT: Yale University Press, 1951.
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