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Liberalism in the Classical Tradition

Liberalism in the Classical Tradition

In 1927, classical liberalism, based on a belief in individualism, reason, capitalism, and free trade, was dying, when one of the 20th century's greatest social thinkers wrote this combative and convincing restatement. Nowhere are the key principles of Mises' philosophy better represented than in this timeless work.

Mises was a careful and logical theoretician who believed that ideas rule the world, and this especially comes to light in Liberalism.

"The ultimate outcome of the struggle" between liberalism and totalitarianism, say Mises, "will not be decided by arms, but by ideas. It is ideas that group men into fighting factions, that press the weapons into their hands, and that determine against whom and for whom the weapons shall be used. It is they alone, and not arms, that, in the last analysis, turn the scales."
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Steven Levitt & Stephen Dubner
Freakonomics
Freakonomics

Which is more dangerous, a gun or a swimming pool?


What do schoolteachers and sumo wrestlers have in common?


How much do parents really matter?


These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He studies the riddles of everyday life—from cheating and crime to parenting and sports—and reaches conclusions that turn conventional wisdom on its head. 


Freakonomics is a groundbreaking collaboration between Levitt and Stephen J. Dubner, an award-winning author and journalist. They set out to explore the inner workings of a crack gang, the truth about real estate agents, the secrets of the Ku Klux Klan, and much more. 


Through forceful storytelling and wry insight, they show that economics is, at root, the study of incentives—how people get what they want or need, especially when other people want or need the same thing.

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Tom Woods
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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Frederick Douglass
Narrative of the Life of Frederick Douglass
Narrative of the  Life of Frederick  Douglass
Former slave, impassioned abolitionist, brilliant writer, newspaper editor and eloquent orator whose speeches fired the abolitionist cause, Frederick Douglass (1818–1895) led an astounding life.
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