This high-school text, published in May 2000, is aimed at teaching the intelligent young reader how to think about economic problems in a manner consistent with the Austrian School tradition. Its chapters on action, preference, demand and supply, value theory, money, and price controls emphasize deductive logic, the market process, and the failures of government intervention.
As the only text of its kind, this book is engaging, funny, filled with examples, and never talks down to the student. It is perfect for homeschoolers, but every student, young or old, will benefit from it. Indeed, a student familiar with its contents will be fully prepared to see through the fallacies of the introductory economics texts used at the college level.
David Gordon is Senior Fellow at the Mises Institute and editor of the Mises Review.
In this week’s Friday Philosophy, Dr. David Gordon reviews Fred Reed’s latest work, which lambasts the American propensity to fight pointless yet destructive wars abroad, all the while destroying what is left of what was once a decent society at home.
Dr. David Gordon examines Hayek's reply to Galbraith, "The Non Sequitur of the 'Dependence Effect,'" showing why the claim that advertising-created wants are less "real" would, taken seriously, dismiss all of civilization.
In this week’s Friday Philosophy, Dr. David Gordon reviews Union At All Costs: From Confederation to Consolidation by John M. Taylor, who defends the southern secession.
Auburn, Alabama: The Mises Institute, 2000. An excellent introduction to economic thinking designed for the intelligent high school student, available for purchase or fully downloadable from Mises.org.
