Books about Economics and Money

Click on a title for more information about it -- to see the review, and to check on prices and availability (the ones on this page may be inaccurate), and/or to buy it.

Basic Economics, along with Eat the Rich and many other books listed here, demolishes the prevalent "Fixed Quantity of Wealth" fallacy, and Hoodwinking the Nation, along with The Ultimate Resource, destroys the also-widespread "Fixed Quantity of Resources" myth.  Elsewhere you can compare how different book authors treat the issue of government price controls, for example, HERE.
 

Basic Books
style / purpose
.
Title / SubTitle / Author/ (item) price
informal / introductory "I, Pencil"

READ IT HERE!

informal / introductory HOW CAPITALISM SAVED AMERICA
The Untold History of Our Country, from the Pilgrims to the Present
Thomas DiLorenzo
informal / introductory The Armchair Economist
Economics and Everyday Life
Steven E. Landsburg
READ AN EXCERPT HERE!
informal / introductory Basic Economics
A Citizen's Guide to the Economy
Thomas Sowell
READ AN EXCERPT HERE!
informal / introductory The Concise Guide to Economics
Jim Cox
READ AN EXCERPT HERE!
formal / introductory The Conquest of Poverty
Henry Hazlitt
(paperback, 240 pages)
VERY informal / introductory The Dogs of Capitalism
Book 1
Mitchell Jones
(hardcover, 338 pages) 
informal / introductory Economics for Real People
An Introduction to the Austrian School
Gene Callahan 
(paperback, 349 pages) 
informal / introductory Economics in One Lesson
Henry Hazlitt
(paperback, 205 pages) 
READ AN EXCERPT HERE!
informal / introductory Economics in One Lesson
Henry Hazlitt
(hardcover, 205 pages) 
READ AN EXCERPT HERE!
informal / introductory The Economics of Life
From Baseball to Affirmative Action to Immigration, How Real-world Issues Affect Our Everyday Life
Gary S. Becker & Guity N. Becker
(paperback, 329 pages)
informal / introductory Essentials of Economics
Faustino Ballve 
(paperback, 109 pages) 
informal / introductory Fair Play  What Your Child Can Teach You About Economics, Values, and the Meaning of Life
Steven E. Landsburg
(hardcover, 230 pages)
formal / introductory Hidden Order
The Economics of Everyday Life
David Friedman
(hardcover, 340 pages)
"the textbook I wish Id had as an undergraduate" -- Tim Harford
informal / introductory Hoodwinking the Nation
Julian Simon
(hardcover, 140 pages) 
informal / introductory The Joy of Freedom
An Economist's Odyssey
David R. Henderson
(hardcover, 361 pages) 
formal / introductory Student's Guide to Economics
Paul Heyne
(paperback, 64 pages) $5.95
informal / introductory The Way the World Works
Visionary tax cuts that sparked a record boom
Jude Wanniski
(paperback, 395 pages) 
formal / intermediate What Should Economists Do?
James M. Buchanan 
(hardcover, 292 pages) 
formal / intermediate The Ultimate Resource 2
Julian Simon
(paperback, 734 pages) 
formal / introductory What Has Government Done to Our Money?
Murray N. Rothbard
(paperback, 119 pages)

 

Specialized Books
Field
.
Title / SubTitle / Author/ (item) price
humor / introductory Eat the Rich
A Treatise on Economics (really!)
P. J. O'Rourke
(paperback, 246 pages) 
READ AN EXCERPT HERE!
enviro / introductory Bionomics:
Economy as Ecosystem
Michael Rothschild
(paperback, 423 pages) $12.50
READ AN EXCERPT HERE!
environment Federal Judge's Desk Reference to Environmental Economics
John A. Baden
(paperback, 324 pages) 
public policy / common fallacies Rethinking the Great Depression
A New View of Its Causes and Consequences
Gene Smiley 
(hardcover, 179 pages) $19.95
public policy / common fallacies America's Great Depression
fifth edition
Murray N. Rothbard
(hardcover, 368 pages) 
public policy / common fallacies Making Economic Sense
Murray N. Rothbard
(paperback, 439 pages)
READ AN EXCERPT HERE!
public policy / common fallacies Free to Try
23 Essays by economists, historians and civil libertarians
Hans F. Sennholz, editor
(paperback, 137 pages) 
public policy / common fallacies The Critics of Keynesian Economics
Essays by 20+ economists, historians and ethicists
Henry Hazlitt, editor
(hardcover, 427 pages) 
public policy / common fallacies Perfect Competition and the Transformation of Economics
Frank M. Machovec 
(hardcover, 391 pages) 
investing What Every Investor Should Know About Austrian Economics
Mark Skousen
(paperback, 23 pages) 
investing Investment Philosophy and Financial Economics
Various Authors
(audio tapes, 150 min.) 
2nd World economics Road to Growth
How Lagging Economies Become Prosperous
Fred McMahon
(paperback, 223 pages) 
3rd World economics Guide to the Perfect Latin American Idiot
Mendoza, Montaner & Llosa 
TRANSLATOR: Michaela Ames 
(hardcover, 218 pages) 
3rd World economics The Mystery of Capital
Why Capitalism Triumphs in the West and Fails Everywhere Else
Hernando de Soto
(paperback, 288 pages) $11.53
3rd World economics The Revolution in Development Economics (HERE's another review)
The Economics of Everyday Life
Steve Hanke & Alan Walters
(paperback, 338 pages) 
economics & race The Economics and Politics of Race
Thomas Sowell
(paperback, 324 pages) 
economics / history Classical Economics Reconsidered
Thomas Sowell
(paperback, 152 pages) 
economics / history Economics and the Public Welfare
A Financial and Economic History of the United States, 1914-1946
Benjamin M. Anderson 
(paperback, 595 pages) 
economics / history The Making of Modern Economics
A Delightful, Controversial History
Mark Skousen 
(paperback, 384 pages) 
economics / trends The Dilemma of Democracy
The Political Economics of Over-Government
Arthur Seldon 
(paperback, 117 pages) 

"What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do." -- Milton Friedman

"Economics is common sense, consistently applied. Unfortunately, people do not commonly apply their common sense consistently. It is this inconsistent application of common sense -- rather than lack of common sense -- that makes economics so startling to people when they first encounter it." -- Dr. Donald J.Boudreaux

"The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence. The art of economics consists in looking not merely at the immediate but the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups." -- Henry Hazlitt in ECONOMICS IN ONE LESSON

"Economics is the study of the allocation of scarce resources which have alternative uses." -- Lionel Robbins 

"Economics is that way of understanding behavior that starts from the assumption that people have objectives and tend to choose the correct way to achieve them." -- David Friedman

"Most of economics can be summarized in four words: 'People respond to incentives.'  The rest is commentary." -- Steven E. Landsburg in THE ARMCHAIR ECONOMIST: Economics and Everyday Life

"I had one fundamental question about economics: Why do some places prosper and thrive while others just suck?" -- P.J. O'Rourke in EAT THE RICH

 "Good economists, and in fact just about every sensible human on the planet, know that human activity and happiness cannot be expressed as a mathematical equation." -- Jacob Halbrooks, here

"Public Choice theory, if nothing else, has taught economists to consider the state as it is, not as it should be in a dream world: the state is a potential tyrant, not a benevolent God."-- Pierre Lemieux, here

"Elected leaders tend to believe they are responsible for a lot more than they really are.  Like the little boy on his first plane trip 'helping' the plane by flapping his arms as the Boeing 747 begins to ascend, legislators often seem to believe that somehow they run the economy and solve lots of problems.  ...The individual legislator must remember that the elixir for all that ills is economic growth.  And economic growth is spurred by low taxes, limited regulation, equitable justice, and the ability to raise capital." -- Curt Leonard, here

"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.'  But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance." Murray N. Rothbard

"Economics is haunted by more fallacies than any other science known to man." Henry Hazlitt in ECONOMICS IN ONE LESSON

"Today, in the Twenty-First Century, an age of jet aircraft, personal computers, wireless telecommunications, laser surgery, and incipient space travel, the mentality with which many presumably educated, intelligent people approach matters of economics and business is, however astonishing it may seem, still that of the Dark Ages." George Reisman

Inflation is not rising prices. Inflation is a declining dollar.

"One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again." -- Dr. Thomas Sowell

"The study of history is a powerful antidote to contemporary arrogance. It is humbling to discover how many of our glib assumptions, which seem to us noble and plausible, have been tested before, not once but many times and in innumerable guises; and discovered to be, at great human cost, wholly false." -- Paul Johnson

"Bad and discredited ideas, it seems, never die.  Neither do they fade away.  Instead, they keep turning up, like bad pennies or Godzilla in the old Japanese movies." -- Murray N. Rothbard in Making Economic Sense

"There is no error so monstrous that it fails to find defenders among the ablest men." -- Prof. John E. E. D. Acton

"Confronted with economic problems, politicians always blame the private sector first ... [even] blaming the problem on the solution." --Richard L. Gordon

"The 'private sector' of the economy is, in fact, the 'voluntary' sector; and...the 'public sector' is, in fact, the 'coercive' sector." -- Henry Hazlitt 

"[It's vital to develop analysis on] how proposed changes to U.S. tax policy would affect economic activity.  Inside the Beltway, this type of analysis is called 'dynamic scoring.' Outside the Beltway, this is called 'economics'. -- William W. Beach

"...the first thing to be aware of is that the basic principles of ethics or morality are widely disputed, not at all self-evident and uncontroversial.  Thus at the least it should be clear that any claim that the moral or ethical opposes the technological and scientific is brazenly question begging, presumptuous." -- Tibor R. Machan

"The right of every individual to trade freely with any other of his choosing ... ought to exist independent of whether its exercise maximizes anyone's or everyone's welfare." -- Donald L. Luskin

"... regarding the Great Depression: You're right, we did it."-- what Federal Reserve Board Governor (now Chairman) Ben Bernanke finally said to Nobel Laureate Dr. Milton Friedman, at Milton's 90th birthday celebration, meaning that yes, indeed, the Great Depression WAS caused by, AND prolonged by, THE GOVERNMENT,-as Friedman had always said. [Financial Review, 12-9-2002] 
See: "Obama threatens to follow in FDR's economic missteps"-HERE.- Also 
check out the Burton Folsom speech on the Great Depression-HERE- and 
"Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years..." HERE.

Also see: The Forgotten Man: A New History of the Great Depression-HERE,- Rethinking the Great Depression HERE, America's Great Depression HERE,- Forgotten Lessons-HERE, Essays on the Great Depression HERE
the audio lecture,-The Cause and Consequence of the Great Depression (CD) HERE,
The Roosevelt Myth-HERE,  and 
FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression--by Jim Powell  HERE.


HERE

"Scratch the surface of an endemic problem -- famine, illness, poverty --  and you invariably find a politician at the source." 
--  Simon Carr, in his review of The Mystery of Capital  by Hernando de Soto

"There is no need here to attempt to explain FDR's economic reasoning, if such an explanation is even possible. Speaking of the President's acquaintance with economics, biographer John T. Flynn noted that 'it is entirely possible that no one knew less about that subject than Roosevelt.'  [from The Roosevelt Myth]  What is important is that these economic fallacies would have terrible consequences. The President's faulty grasp of what had caused the Depression led him to introduce a system whose operation was quite similar to the old guild structure, with the explicit intention of reducing competition." -- Thomas E. Woods, Jr.,-HERE
    "Bad and discredited ideas, it seems, never die.  Neither do they fade away.  Instead, they keep turning up, like bad pennies or Godzilla in the old Japanese  movies." -- Murray N. Rothbard
.
   "One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again." -- Dr. Thomas Sowell
.
   "There is no error so monstrous that it fails to find defenders among the ablest men." -- Prof. John E. E. D. Acton
.
   "The study of history is a powerful antidote to contemporary arrogance. It is humbling to discover how many of our glib assumptions, which seem to us noble and plausible, have been tested before, not once but many times and in innumerable guises; and discovered to be, at great human cost, wholly false." -- Celebrated Historian Paul Johnson
.
   "Those who cannot remember the past are condemned to repeat it." ~ George Santayana, The Life of Reason, 1906
.
   "When Western countries in the past were as poor as Third World countries are today, these Western countries nevertheless had one big advantage: There was no large and influential class of the intelligentsia to impede their progress with unsubstantiated theories and counterproductive propaganda." -- Dr. Thomas Sowell

= these particular quotes came from THIS page on the "gap" between rich and poor

Economic questions should never have political
            answers.

Free the World! Support Global Capitalism

Supporting minimum wages is supporting higher
            unemployment

Irony is Andrew Jackson on a Central Bank Note
.

 Check out the surprising results of some eye-opening book polls HERE.

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