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The Black Swan

The Black Swan

A black swan is an event, positive or negative, that is deemed improbable yet causes massive consequences. In this groundbreaking and prophetic book, Taleb shows in a playful way that Black Swan events explain almost everything about our world, and yet we—especially the experts—are blind to them. In this second edition, Taleb has added a new essay, On Robustness and Fragility, which offers tools to navigate and exploit a Black Swan world.
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aboutLiberty Portal

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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Peter Schiff
How An Economy Grows And Why It Crashes
How An Economy Grows And Why It Crashes
How an Economy Grows and Why it Crashes uses illustration, humor, and accessible storytelling to explain complex topics of economic growth and monetary systems. In it, economic expert and bestselling author of Crash Proof, Peter Schiff teams up with his brother Andrew to apply their signature "take no prisoners" logic to expose the glaring fallacies that have become so ingrained in our country?s economic conversation.

Inspired by How an Economy Grows and Why It Doesn't? a previously published book by the Schiffs? father Irwin, a widely published economist and activist?How an Economy Grows and Why It Crashes incorporates the spirit of the original while tackling the latest economic issues.With wit and humor, the Schiffs explain the roots of economic growth, the uses of capital, the destructive nature of consumer credit, the source of inflation, the importance of trade, savings, and risk, and many other topical principles of economics.


The tales told here may appear simple of the surface, but they will leave you with a powerful understanding of How an Economy Grows and Why it Crashes.

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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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Alex Epstein
The Moral Case For Fossil Fuels
The Moral Case For Fossil Fuels
The Moral Case For Fossil Fuels provides need-to-know context for understanding issues related to energy and environmental concerns.  This book is intellectually stimulating and enjoyably readable!
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