Economics Questions

Re: Starting out...Need help

bearing01 — Thu, 02 Jul 2009 17:48:20 GMT

Meltdown is an excellent book. While based on A.Econ theory, it's not direct analysis of the theory per say. It's application of the theory to explain the cause of the current crisis. This is a great starter's book to ignite interest in A.Econ. I bought it for my wife and decided to read it before passing it on to friends.

Tom Woods provides one of the simplest and most understandable and amazing explanations of the Austrian Business Cycle Theory. I scratched my head trying to learn it before, making sure I understood it properly, but this guy delivers it on a sliver platter in a way you can explain it to a 5 year old or your grandmother.

Re: Starting out...Need help

Laughing Man — Wed, 01 Jul 2009 20:01:50 GMT

Thomas Woods Meltdown

http://www.amazon.com/Meltdown-Free-Market-Collapsed-Government-Bailouts/dp/1596985879/ref=sr_1_1?ie=UTF8&s=books&qid=1246478488&sr=8-1

Re: Starting out...Need help

hayekianxyz — Wed, 01 Jul 2009 19:59:30 GMT

See Callahan's Economics for Real People as an introduction to Austrian economics, Menger's Principles of Economics will give a good idea of what Austrianism concerns itself with, it's also a nice introduction to Austrian value theory, even after all these years. Once you've read these works you'd do well to tackle Rothbard's Man, Economy and State for a thorough Austrian analysis of the market system and government interventions.

Once you've read this look at Buchanan's Cost and Choice, Kirzner's Competiton and Entrepreneurship, Mises' Socialism, Sharipo's Foundations of the Market Price System, and Hayek's Individualism and Economic Order for Austrian microeconomics. For Austrian macroeconomics see Garrison's Time and Money, Huerta de Soto's Money, Bank Credit and Economic Cycles, Hayek's Prices and Production, Lachmann's Capital and Its Structure, Mises' The Theory of Money and Credit and Hutt's The Keynesian Episode (also see his A Rehabilitation of Say's Law). Also of interest to macroeconomics might be Microfoundations and Macroeconomics by Horwitz, The Fluttering Veil by Yeager and Capital In Disequilibrium by Lewin.

Re: Starting out...Need help

bearing01 — Wed, 01 Jul 2009 19:45:01 GMT

You can buy these at the Mises book store

http://www.hacer.org/pdf/Hazlitt00.pdf

http://www.mises.org/books/whathasgovernmentdone.pdf

http://mises.org/books/inflation.pdf

http://mises.org/books/fed.pdf

Re: Starting out...Need help

DD5 — Wed, 01 Jul 2009 19:14:29 GMT

"Profit & Loss" essay by Ludwig von Mises to get started, ############# "Economics In One Lesson" By Henry Hazzlit, ########"Man, Economy, & State" by Murray N. Rothbard, #######, "Human Action" by Mises ###########

Starting out...Need help

Bestmiler — Wed, 01 Jul 2009 19:08:37 GMT

I believe in most of what is taught in the Austrian school. I want to learn more. What is the best way? Any books for a beginner? I've taken micro/macro economics in college but thats it.