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Central Planning and Neomercantilism

BooksJune 15, 2009
The idea of central planning seems, at first sight, so reasonable that it is hard to see why any intelligent person would oppose it. For one thing, it appears to be a mere extension of individual planning, which all of us practice. Every intelligent person engages in planning.

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The Theory of Prices: A Re-Examination of the Central Problems of Monetary Theory, Vol. I

BooksSeptember 3, 2009
There can be little doubt, however, that a principal reason why something less than the maximum use is made of tools lying ready to our hand is that many of those who should be using them refrain from doing so only because they are not aware of the fact that the nature of these tools has been...

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The Theory of Prices: A Re-Examination of the Central Problems of Monetary Theory, Vol. II

BooksSeptember 3, 2009
From the author: In the first volume of this work, I set myself the task of welding into a single, unified organon the disparate, and often apparently contradictory, analytical approaches to certain "central problems of monetary theory." In the present volume, I have set myself the task...

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Planned Chaos

BooksJanuary 18, 2006
The title comes from Mises's description of the reality of central planning and socialism, whether of the national variety (Nazism) or the international variety (communism)...

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Interest and Prices

BooksMarch 30, 2007
It was this work by Swedish economist Wicksell that drew Mises's attention to the effects of interest rate manipulation on the capital structure.

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Stock Market, Credit, and Capital Formation, The

BooksJuly 20, 2005
Economist Fritz Machlup was an early Misesian who wrote this book as an early study in the workings of the business cycle. In particular, he investigates and explains the relationship between expanding credit, monetary policy, and rising stock prices. The German edition was written in 1929 and...

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Complete Libertarian Forum (1969-1984)

BooksJanuary 22, 2010
Libertarian Forum existed from 1969 to 1984. It was a passionate, smart, gossipy, and often shocking newsletter that is as fresh today as when it was written.

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Planning for Freedom; and Twelve other Essays and Addresses

BooksJune 13, 2009
An enduring collection of Mises's essays, some popular and others scholarly, but always engaging and provocative.

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Collectivist Economic Planning

BooksJuly 28, 2008
This volume edited by F.A. Hayek dug the knife into socialism's heart unlike any book to ever appear...

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Market Theory and the Price System

BooksFebruary 9, 2007
Israel Kirzner's outstanding book on price theory.

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Prices and Production

BooksJuly 20, 2005
These seven works taken together constitute the essential core of Austrian macroeconomics.

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Foundations of the Market Price System

BooksApril 19, 2007
Murray Rothbard just loved this Austrian text on microeconomic theory.

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Money: Its Connection with Rising and Falling Prices

BooksJanuary 27, 2010
Many economic principles can be dealt with best in the first place on the assumption that when a change is observed in the price of a particular commodity or service it means a change of value peculiar to that one kind of commodity or service, and is not merely a part of a general change in the...

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An Outline of International Price Theory

BooksJanuary 31, 2007
Wu looks at the history of economic thought as a way to explain what was happening in 1930s China and why.

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Less than Zero: The Case for a Falling Price Level in a Growing Economy

BooksMarch 16, 2010
Zero inflation's full benefits will not be grasped unless we recognize it as a stepping-stone towards something even better...

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Forty Centuries of Wage and Price Controls: How Not to Fight Inflation

BooksFebruary 14, 2009
This outstanding history illustrates the utter futility of fighting the market process through legislation. It always uses despotic measures to yield socially catastrophic results.

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Secession, State, and Liberty

BooksJune 30, 1998
The essays in Secession, State & Liberty argue that the political impulse to secede—to attempt to separate from central government control—is a vital part of the Lockean classical-liberal tradition, one that emerges when national governments become too big and too ambitious. Unlike...

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Capital, Interest, and Rent: Essays in the Theory of Distribution

BooksFebruary 27, 2007
A reader on the Austrian theory of capital and interest.

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A Theory of Socialism and Capitalism

BooksJuly 20, 2005
Hoppe argues that there are only two possible archetypes in economic affairs: socialism and capitalism.

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