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.
The Theory and Method faculty panel takes questions from Mises University students.
What were Abraham Lincoln’s views on racial matters of the day? In today’s Friday Philosophy, Dr. David Gordon takes a critical look at Harry Jaffa’s interpretations of Lincoln’s statements and finds them wanting.
No graphs, no data, no experiments—just logic. David Gordon on how Austrian economists reason from a single starting point: humans act.
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.
