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The Economics of Alfred Marshall


The posthumous last edition of Alfred Marshall's Principles of Economics appeared in 1920 — his final presentation of a course of thought of which successive editions during four decades had recorded the widening and deepening process...

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Education and the State

EducationPolitical Theory

Can education be provided entirely by private markets? In some ways, it is a preposterous question, as this seminal important book shows.

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The Foundations of Morality

Philosophy and MethodologyPolitical Theory

Here is Hazlitt grounds a policy of private property and free markets in an ethic of classical utilitarianism — understood in the way Mises understood that term...

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Anything That's Peaceful: The Case for the Free Market

Free MarketsPhilosophy and MethodologyPolitical Theory

Leonard Read was a great spokesman for liberty, and an excellent teacher. It includes the essay later called "I, Pencil," which is a masterful description of the workings of the division of labor...

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What You Should Know About Inflation

Money and BanksMoney and Banking

Hazlitt presents the Austrian theory of money in the clearest possible terms, and contrasts it with the fallacies of government management.

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Central Planning and Neomercantilism

Philosophy and MethodologyPolitical TheoryProduction Theory

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 Economics of the Colour Bar

The Police StateWorld HistoryInterventionismPolitical Theory

Who were the original and most passionate opponents of apartheid in South Africa? The classical liberals, and this book was their most important weapon against the problem of racial injustice.

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Risk, Uncertainty, and Profit

EntrepreneurshipMoney and Banking

Knight's groundbreaking study of the role of the entrepreneur in economic life...

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