Principles of Economics

PREFACE THE IMPARTIAL OBSERVER CAN have no doubt about the reason our generation pays general and enthusiastic tribute to progress in the field of the natural sciences, while economic science receives little attention and its value is seriously questioned by the very men in society to whom it should provide a guide for practical action. […]

Basic Economics: A Citizen’s Guide to the Economy

Edited and written by David Gordon, senior fellow of the Mises Institute and author of four books and thousands of essays. I am jealous of Thomas Sowell. He has a genius for the striking fact and the apt analogy. These enable him to present his points in a way that readers will not soon forget. He aims in Basic […]

Economics in One Lesson

Introduction to the 2007 Edition of Economics in One Lesson Writing this introduction is a labor of love for me. You know how women sometimes say to each other “This dress is you! ” Well, this book is me! This was the first book on economics that just jumped out and grabbed me. I had read a few […]

Taxes No Better Than Slavery

Introduction Taxes No Better Than Slavery by Carl Watner [The following is the Introduction to the book Render Not. More information can be found here. It is available for purchase here.] Slavery is wrong. Taxation is a form of slavery. Therefore taxation is wrong. The implications that follow from this syllogism are the subject of this book. Slavery […]

The Power Elite Rips You Off

By Llewellyn H. Rockwell, Jr. August 27, 2011 It should be obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end. The combination of outright spending by Congress, the desperate schemes to reflate the housing market, the attempt to transfuse bleeding firms with other people’s money, and […]

How to Think Like an Economist

by Murray N. Rothbard This article is excerpted from The Logic of Action One: Method, Money, and the Austrian School (Cheltenham, UK: Edward Elgar, 1997), pp. 58–77. Praxeology is the distinctive methodology of the Austrian School. The term was first applied to the Austrian method by Ludwig von Mises, who was not only the major […]