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Melt Down

Melt Down

The excellently written Meltdown is the best introduction to Austrian Business Cycle theory and boom bust cycles from The Great Depression to the financial crash of 2008.  Reading Tom Woods is essential.


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Liberty Portal is a gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important lessons from economics, philosophy, history and more.
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Adam Smith
The Wealth Of Nations
The Wealth Of Nations
It is symbolic that Adam Smith’s masterpiece of economic analysis, The Wealth of Nations, was first published in 1776, the same year as the Declaration of Independence. 

In his book, Smith fervently extolled the simple yet enlightened notion that individuals are fully capable of setting and regulating prices for their own goods and services. He argued passionately in favor of free trade, yet stood up for the little guy. The Wealth of Nationsprovided the first--and still the most eloquent--integrated description of the workings of a market economy.

The result of Smith’s efforts is a witty, highly readable work of genius filled with prescient theories that form the basis of a thriving capitalist system. This unabridged edition offers the modern reader a fresh look at a timeless and seminal work that revolutionized the way governments and individuals view the creation and dispersion of wealth--and that continues to influence our economy right up to the present day.
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H.L. Mencken
Notes on Democracy
Notes on Democracy
Even if you think you have read it all, this book will rattle you to the very core, for it causes a rethinking of the whole structure of the political system. But Mencken also shows that he is more than a cynic, contrary to his reputation. What shines through this treatise is a deep attachment to liberty and a search for some way to protect it from the attack of the mob, which he regards as liberty's greatest enemy.

If there really were a banned book list in the annals of American statescraft, this would surely be on it. It is not for the faint of heart. Read it, and pass it around, as a revolutionary act.
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Adam Smith
The Theory of Moral Sentiments
The Theory of Moral Sentiments
Man’s moral nature is influenced by sentiment and sympathy. The human ability to sympathize forms the psychological basis of man’s desire to adhere to natural moral laws. Adam Smith explores ideas about individual freedom and self-interest, conscience and virtue, and a classic work of moral philosophy that remains relevant.
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