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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  • Letters 1821–1823

    by David Ricardo

    David Ricardo was born in London in 1772. His father, a successful stockbroker, introduced him to the Stock Exchange at the formative age of fourteen. During his career in finance, he amassed a personal fortune which allowed him to retire at the age of forty-two. Thereafter, he pursued a political career and further developed his economic ideas and policy proposals.

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  • Liberalism

    by Ludwig von Mises

    This book presents the theoretical and practical arguments for liberalism in the classical tradition as defined by Mises as “the liberal doctrine of the harmony of the rightly understood interests of all members of a free society founded on the principle of private ownership of the means of production.” The foundation of liberalism, Mises says, rests on an understanding and…

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  • The Limits of Liberty

    by James M. Buchanan

    Published originally in 1975, The Limits of Liberty made James Buchanan’s name more widely known than ever before among political philosophers and theorists and established Buchanan, along with John Rawls and Robert Nozick, as one of the three new contractarians, standing on the shoulders of Hobbes, Locke, and Kant. While The Limits of Liberty is strongly related to Buchanan’s Calculus

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  • The Logical Foundations of Constitutional Liberty

    by James M. Buchanan

    The thirty-one papers presented in this volume offer scholars and general readers alike a comprehensive introduction to the work of one of the greatest economists of the modern era. Many of Buchanan’s most important essays are gathered in this inaugural volume of the twenty-volume series from Liberty Fund of his Collected Works. The essays are arranged thematically and so present…

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  • Ludwig von Mises: The Man and His Economics

    by Israel M. Kirzner

    Ludwig von Mises: The Man and His Economics is a collection of Israel M. Kirzner’s work regarding his mentor, including a monograph on Mises and his work as well as several articles detailing how he impacted the world of economics. Kirzner showcases Mises not only as a man with a “sparkling, fresh, fundamentally new interpretation” of the tenets espoused by…

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  • The Man and the Statesman

    by Frédéric Bastiat

    The Man and the Statesman, the first volume in Liberty Fund’s six-volume series, may be considered the most complete edition of Bastiat’s works published to date, in any country, and in any language. The main source for this translation is the seven-volume Œuvres complètes de Frédéric Bastiat, published in the 1850s and 1860s. The present volume, most of which has…

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  • Market Theory and the Price System

    by Israel M. Kirzner

    The second volume in Liberty Fund’s Collected Works of Israel M. Kirzner series, Market Theory and the Price System was published in 1963 as Kirzner’s first (and only) textbook. This volume presents an integrated view of Austrian price theory. The basic aim of Market Theory is to utilize the tools of economic reasoning to explain the market process. The unique…

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  • A Maverick’s Defense of Freedom

    by Benjamin A. Rogge

    This new collection of fifty-three essays, many of which have never before been published, gathers some of Benjamin Rogge’s most interesting talks and writings spanning a vast array of topics including the case for individual liberty and responsibility in maintaining the free-market economy, the nature of economics, the business system, labor markets, money and inflation, and education. Benjamin A. Rogge

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  • Monetary and Economic Policy Problems Before, During, and After the Great War

    by Ludwig von Mises

    The present volume is devoted to some of Mises’s earliest writings. As with the second volume in the series, the articles that compose this book include Mises’s policy memoranda, essays, and speeches that were found in a formerly secret KGB archive in Moscow. The articles have two primary focuses: First, they reveal Mises’s thoughts on the monetary, fiscal, and general…

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  • Money, Method, and the Market Process

    by Ludwig von Mises

    After Ludwig von Mises’s death in 1973, his wife, Margit von Mises, went through his unpublished and out-of-print essays and selected twenty-one of the essays for publication. The result was Money, Method, and the Market Process, published in 1990 by Kluwer Academic Publishers and the Ludwig von Mises Institute and reissued now by Liberty Fund. In his introduction to the…

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  • Moral Science and Moral Order

    by James M. Buchanan

    This volume presents a representative sampling of James M. Buchanan’s philosophical views as he deals with fundamental problems of moral science and moral order. As one might expect, Buchanan always goes back to fundamental principles first. From there, his observations and conclusions range far and wide from his own discipline. The thirty essays collected in Moral Science and Moral Order…

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  • The Morals of Markets and Related Essays

    by H. B. Acton

    Although the market economy is not as unpopular now as when Acton wrote The Morals of Markets, the morality of buying and selling has long bothered man’s conscience. Defenses of capitalism often establish its efficiency or rely on a “that is the way human nature is anyway” argument. This book asserts that a free market is a necessary condition for…

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