This is my archive

bar

Money and the Mechanism of Exchange

Jevons’s formative 1875 classic work came into print at the height of interest in gold, silver, and international monetary standards. Refreshingly written, widely quoted, and authoritatively researched, the book begins with the origins of money and works its way through to international banking and credit. Of particular interest are the clear discussions of Gresham’s Law (Ch. VIII), competitively supplied money (Ch. VII), and fractional-reserve- and Free-banking (Ch. XVII-XVIII and XXIV). Also: If you think the only reason to not use coins worth their weight in precious metal is their weight, I recommend Chapter X for an excellent reminder of additional drawbacks. Jevons is best known for his work on marginal utility, which he describes with customary succinctness in the book. His interest in the way the forces of the market evolve toward an equilibrium without (and often in opposition to) government influence runs throughout the book.

/ Learn More

The Shi King, the Old “Poetry Classic” of the Chinese

The Shih Ching (The book of poetry) predates Confucius by some three centuries, although he is often credited with arranging it into its current form sometime around 520 B.C. This work is a compilation of some three hundred verses of poetry illustrating the proper conduct of a sovereign and general rules “for inculcation of propriety and righteousness.”

/ Learn More

The History of the Origins of Representative Government in Europe

Guizot reflects on the principles, goals, and institutions of representative government in Europe from the fifth to the reign of the Tudors in England. In Part 1 he examines such topics as the “true” principles of representative government, the origin and consequences of the sovereignty of the people, and analyzes the architecture of the English Constitutional monarchy.

/ Learn More

The Coal Question

A warning that Britain would face rising costs for coal as other nations industrialized and that this would have a deep impact on the British economy and way of life.

/ Learn More

Socialism: An Economic and Sociological Analysis

“This book must rank as the most devastating analysis of socialism yet penned… . An economic classic in our time.” (Henry Hazlitt). More than thirty years ago F. A. Hayek said of Socialism: “It was a work on political economy in the tradition of the great moral philosophers, a Montesquieu or Adam Smith, containing both acute knowledge and profound wisdom… . To none of us young men who read the book when it appeared was the world ever the same again.” This is a newly annotated edition of the classic first published in German in 1922. It is the definitive refutation of nearly every type of socialism ever devised. Mises presents a wide-ranging analysis of society, comparing the results of socialist planning with those of free-market capitalism in all areas of life. Friedrich Hayek’s foreword (not available onliine for copyright reasons) comments on the continuing relevance of this great work: “Most readers today will find that Socialism has more immediate application to contemporary events than it had when it first appeared.”

/ Learn More