| Added Another one of my favorite older books to the free books page Bagehot’s Lombard Street. Banking panics and credit crises are nothing new and there is much value in comparing the older to the new. | |
| Added Another one of my favorite older books to the free books page Bagehot’s Lombard Street. Banking panics and credit crises are nothing new and there is much value in comparing the older to the new. | |
A new page Free Books has been added to the site. It’s accessible through the menu at the top. It is simply a collection of short descriptions of books I think are worth reading and links to obtain the text free from various sites. The first two items added are:
Carl Menger was the founder of what is called the Austrian School of Economics and his Principles of Economics is simply an incredible book.
Available in PDF from Mises.org Principles of Economics Plus there is a Study Guide Menger Quote: Money is not an invention of the state. It is not the product of a legislative act. The sanction of political authority is not necessary for its existence. |
Frederic Bastiat will show on this list several times but for a first exposure to his biting wit and intellectual edge I recommend Economic Sophisms.
Available online at Econlib Economic Sophisms First published in 1845, you will be amazed at how few words would need changed to apply to our current time. Bastiat Quote: The state is that great fiction by which everyone tries to live at the expense of everyone else. |