Economics
Our economics collection showcases classic works in the discipline. Many of our titles explore how economic reasoning applies to political science and other social sciences, as well as the relevance of economics as moral philosophy. A consistent theme is the view that economics is the study of human choice and its consequences, both intended and unintended.
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![Nutter 9780865970250 800h 72]()
Political Economy and Freedom
by G. Warren Nutter
/ Learn MoreThese thirty-three essays, many of them previously unpublished, illustrate the broad range of Warren Nutter’s thought. There are essays on the Soviet economy and international relations as well as essays exploring the economic institutions that support a society of free people. One finds in these essays a man of intellect and judgment ever ready to look at the evidence and…
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The Political Economy of International Reform and Reconstruction
by Ludwig von Mises
/ Learn MoreAfter he fled Austria, Ludwig von Mises arrived in the United States and continued to write essays on economics. Among those included in this volume are: Guiding Principles for the Reconstruction of Austria (1940) An Eastern Democratic Union: A Proposal for the Establishment of a Durable Peace in Eastern Europe (1943) Aspects of American Foreign Trade Policy (1943) Mexico’s Economic…
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Political Economy, Concisely
by Anthony de Jasay
/ Learn MoreWritten for the general reader and specialist alike, the essays collected here articulate a convincing classical liberal view of the world, with a no-nonsense approach to modern economic theory. Many of the articles are collected here for the first time in book form. Jasay’s aim is to clarify basic concepts in the realm of political and economic philosophy, such as…
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Political Philosophy, Clearly
by Anthony de Jasay
/ Learn MoreAnthony de Jasay, one of the most independent thinkers and influential libertarian political philosophers of our time, challenges the reigning paradigms justifying modern democratic government. The articles collected in Political Philosophy, Clearly delve deeply into the realm of political thought and philosophical criticism. A reader who is interested in a philosophical, yet clear, jargon-free account of such fundamental topics as…
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Politics as Public Choice
by James M. Buchanan
/ Learn MoreThis volume presents a collection of thirty-four essays and shorter works by James M. Buchanan that represent the brilliance of his founding work on public-choice theory. The work of James M. Buchanan is perhaps most often associated with his helping to found public-choice theory. Buchanan’s book-length works such as The Calculus of Consent or The Reason of Rules (Volumes 3…
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Politics by Principle, Not Interest
by James M. Buchanan and Roger D. Congleton
/ Learn More“Politics by principle is that which modern politics is not. What we observe is ‘politics by interest,’ whether in the form of explicitly discriminatory treatment (rewarding or punishing) of particular groupings of citizens or of some elitist-dirigiste classification of citizens into the deserving or non-deserving on the basis of a presumed superior wisdom about what is really ‘good’ for us…
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The Power to Tax
by Geoffrey Brennan and James M. Buchanan
/ Learn MoreCommenting on his collaboration with Geoffrey Brennan on The Power to Tax, James M. Buchanan says that the book is “demonstrable proof of the value of genuine research collaboration across national-cultural boundaries.” Buchanan goes on to say that “The Power to Tax is informed by a single idea—the implications of a revenue-maximizing government.” Originally published in 1980, The Power to…
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Principles of Political Economy
by John Stuart Mill
/ Learn MoreLiberty Fund is pleased to make available in paperback eight of the original thirty-three cloth volumes of the Collected Works of John Stuart Mill that were first published by the University of Toronto Press that remain most relevant to liberty and responsibility in the twenty-first century. Born in London in 1806 and educated at the knee of his father, the…
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Promises, Performance, and Prospects
by Antonio Martino
/ Learn MoreSince 1970, Antonio Martino has authored 13 books and more than 150 papers and articles on economic theory and policy. This modern collection of writings is from Martino’s practical and theoretical perspective, as he has personally encountered many of the economic and political issues presented in these essays. Divided into six parts, this volume discusses major economic topics such as…
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Public Finance in Democratic Process
by James M. Buchanan
/ Learn MorePublic Finance in Democratic Process is James M. Buchanan’s monumental work that outlines the dynamics of individual choice as it is displayed in the process of public finance. Buchanan is perhaps nowhere more clearly a disciple of the great Swedish economist Knut Wicksell than he is in the underlying principles of this seminal work. Specifically, he elaborates on these three…
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Public Principles of Public Debt
by James M. Buchanan
/ Learn MorePublic Principles of Public Debt is one of James M. Buchanan’s most important and influential books. The radical idea he conceived was that our reliance on public debt has amassed a sort of orthodoxy that is commonly—and needlessly—assumed by taxpayers, by politicians, and by economists themselves. Buchanan dismisses the nearly universal belief (which continues to this day) that the burden…
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The Pure Theory of Capital
by F. A. Hayek
/ Learn MoreFirst published in 1941, The Pure Theory of Capital has long been overlooked. This volume offers a detailed account of the equilibrium relationships between inputs and outputs in a time-filled economy. Hayek’s stated objective was to make capital theory—which had previously been devoted almost entirely to the explanation of interest rates—“useful for the analysis of the monetary phenomena of the…
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