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Capitalism: A Treatise on Economics

Capitalism by George Reisman

Tags Austrian Economics OverviewInterventionismPhilosophy and Methodology

06/15/1996George Reisman

[George Reisman's Program of Self-Education in the Economic Theory and Political Philosophy of Capitalism is available here with permission of the author.]

George Reisman was a student of Mises's, a translator of his work, and, as he demonstrates in this outstanding treatise, a leading theorist in the Misesian tradition. This mammoth exposition deals with the method and theory of economics, and particularly excels in its application to matters of policy. Its sections on price controls, money, banking, and environmentalism apply Misesian theory to new times and new literature. The author deals patiently but devastatingly with the arguments of the interventionists. The end result is an integrated understanding of the theory and ethics of the capitalist economy.


George Reisman

George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics and the author of Capitalism: A Treatise on Economics (Ottawa, Illinois: Jameson Books, 1996; Kindle Edition, 2012). More articles like these can be found at his blog.


1996. Ottawa, Illinois: Jameson Books, pp.16-120. Purchase.