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![BuchananV4PublicFinance 9780865972209 800h 72]()
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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![BuchananV2PublicPrinciples 9780865972162 800h 72]()
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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![HayekPureTheory 9780865978454 800h 72 2]()
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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![JouvenelPureTheory 9780865972650 800h 72]()
The Pure Theory of Politics
by Bertrand de Jouvenel
/ Learn MoreThis is the final volume in Jouvenel’s magnum opus, the trilogy that begins with On Power, moves to Sovereignty, and concludes with The Pure Theory of Politics. In this volume, Bertrand de Jouvenel proposes to remedy a serious deficiency in political science: “the lack of agreement on first principles, or ‘elements.’” The author’s concern is with political processes as they…
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![LetwinCertainty 9780865971950 800h 72]()
The Pursuit of Certainty
by Shirley Robin Letwin
/ Learn MoreBy examining the thought of four seminal thinkers, Shirley Robin Letwin in The Pursuit of Certainty provides a brilliant record of the gradual change in the English-speaking peoples’ understanding of “what sort of activity politics is.” As Letwin writes, “the distinctive political issue since the eighteenth century has been whether government should do more or less.” Nor, as many historians…
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![VeatchRationalMan 9780865973930 800h 72 2]()
Rational Man
by Henry Babcock Veatch
/ Learn MoreForty years after its original publication, Liberty Fund brings back to print Henry Veatch’s path-breaking popular presentation of virtue ethics. This modern interpretation of Aristotelian ethics is a natural for undergraduate philosophy courses. It is also an engaging work for the expert and the beginner alike, offering a middle ground between existential and analytic ethics. Veatch argues for the existence…
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![SmithVRationale 9780865970878 800h 72]()
The Rationale of Central Banking
by Vera C. Smith
/ Learn MoreThe Rationale of Central Banking was first published in England in 1936. Vera Smith spent her professional career in a variety of research positions. She wrote articles and books on money, banking, economic development, and the labor market and translated into English books by Wilhelm Röpke, Oskar Morgenstern, and Fritz Machlup. This book provides a scholarly review and judicious assessments…
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![OakeshottRationalism 9780865970953 800h 72]()
Rationalism in Politics and Other Essays
by Michael Oakeshott
/ Learn MoreRationalism in Politics established the late Michael Oakeshott as the leading conservative political theorist in modern Britain. This expanded collection of essays astutely points out the limits of “reason” in rationalist politics and criticizes ideological schemes to reform society according to supposedly “scientific” or rationalistic principles that ignore the wealth and variety of human experience. Timothy Fuller is Professor of…
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![BuchananV10ReasonRules 9780865972322 800h 72]()
The Reason of Rules
by Geoffrey Brennan and James M. Buchanan
/ Learn MoreIn his foreword, Robert D. Tollison identifies the main objective of Geoffrey Brennan and James M. Buchanan’s The Reason of Rules: “. . . a book-length attempt to focus the energies of economists and other social analysts on the nature and function of the rules under which ordinary political life and market life function.” In persuasive style, Brennan and Buchanan…
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![Kirzner9 9780865978683 800h]()
Reflections on Ethics, Freedom, Welfare Economics, Policy, and the Legacy of Austrian Economics
by Israel M. Kirzner
/ Learn MoreReflections on Ethics, Freedom, Welfare Economics, Policy, and the Legacy of Austrian Economics comprises a variety of Kirzner’s essays on social thought. Kirzner’s intellectual interest and theories go beyond market process and entrepreneurship: they encompass several important topics that are vital to the existence of human societies. Kirzner’s work, at heart, is not prescriptive but analytical. His work is not…
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![BurkeV2Reflections 9780865971653 800h 72]()
Select Works of Edmund Burke: Reflections on the Revolution in France
by Edmund Burke
/ Learn MoreOriginally published by Oxford University Press in the 1890s, the famed three-volume Payne edition of Select Works is universally revered by students of English history and political thought. Faithfully reproduced in each volume are E. J. Payne’s notes and introductory essays. Francis Canavan, one of the great Burke scholars of the twentieth century, has added forewords. Volume 2 consists of…
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![MontaguReflections 9780865978720 800h 72]()
Reflections on the Rise and Fall of the Ancient Republicks
by Edward Wortley Montagu
/ Learn MoreIn 1759, at the height of the Seven Years’ War, when Great Britain was suffering a series of military reversals, Montagu considered his country’s plight in an historical context formed by the study of five ancient republics: Sparta, Athens, Thebes, Carthage, and Rome. Montagu’s focus on the ancient republics gives his contribution a distinctive twist to the chorus of voices…
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