The greatest failing of non-Austrian theories of macroeconomics, it’s been said, is that they lack a robust theory of capital. F.A. Hayek sought to fill out the theory of the business cycle with an impenetrable one, and the result was this...
It’s about time. Really! An entire book fleshing out the pure time-preference theory of interest has finally been assembled. The present crop of Keynesians play with interest rates believing they can create prosperity without a sound theoretical...
Ludwig von Mises was the greatest economist of the twentieth century, but often readers are reluctant to tackle his major works. They fear that they will be unable to follow that abstract and relentless theoretical progression of, e.g., Human...
The problem of interest has engaged the attention of writers for two thousand years, and of economists since economics began. And yet, with the exception of what has been accomplished by Rae, Bohm-Bawerk, Landry, and some others, very little...
In The Real Crash, New York Times bestselling author Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode . . . with disastrous consequences for the economy and for each of us. Schiff...
In this book, Thomas DiLorenzo calls for a complete rethinking of a central icon of American historiography. He looks at the actions and legacy of Abe Lincoln from an economics point of view to show that Lincoln’s main interest was not in...
At the outset of the Naderite consumer movement, the Austrians had a vigorous response in this book by Mary Bennett Peterson. She discusses whether and to what extent product, safety, labor, communications, and other regulation helps or hinders...
From the author: In this book my endeavor will be to do two things for the benefit of students of politics and citizenship. I shall set myself out to discredit Socialism, but that is the least worthy and the least inspiring of my aims. I shall...
William Smart was the outstanding Austrian in England during his generation, a leading advocate of the marginalist school. But he was more than that: he was a dedicated champion of laissez-faire trade policy in the tradition of Cobden and Bright...
Ron Paul wrote this book in the midst of his 2007-2008 educational campaign for the Republican nomination. It is a response to the demand from so many to understand the political and economic philosophy that led to his campaign, which was a...
Frank Chodorov adored the work of Albert Jay Nock, particularly Nock’s writings on the State. And so Chodorov set out to do something implausible: to rework the Nock book in his own style. Rothbard wrote of this book: “Frank’s final flowering...
Flynn remarks on the impetus behind this powerful book: I wrote this book to answer a question that practically everybody is asking: “Where are we heading?” More people ask that question than any other.... I thought it was about time for someone...
The description below is written for the Definitive Edition of Road to Serfdom which is sold in the Mises Store and can be previewed here: Google Preview. Finally, here is an edition of Road to Serfdom that does justice to its monumental status...
Franklin D. Roosevelt is the most sainted president of the 20th century. You have to look far and wide to discover the truth about his character and policies. But as John T. Flynn noted in this landmark 1948 volume, FDR actually prolonged the...
Capitalism is a system that can stand on its own attainments, writes John Chamberlain, and he offers here a fast-paced, provocative look at the intellectual forces and practical accomplishments that have created American capitalism. He begins at...
John Attarian shows that the Social Security program is not an insurance program at all but rather a pure transfer scam designed to make the elderly dependent on the tax take from younger workers. In a particular controversial section, the...
From the Introduction by Joseph T. Salerno and Matthew McCaffrey. Few economists manage to produce a body of work that boasts a serious following twenty years after their deaths. Murray N. Rothbard is a rare exception. More than two decades...
From the Introduction by Joseph T. Salerno and Matthew McCaffrey. Few economists manage to produce a body of work that boasts a serious following twenty years after their deaths. Murray N. Rothbard is a rare exception. More than two decades...
Marjorie Grice-Hutchinson’s remarkable classic, The School of Salamanca, posed an extraordinary challenge when it first appeared in 1952. The book is not only a pioneering presentation of this lost school of monetary theory — fantastic thinkers...
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