Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services, focusing on how individuals, businesses, and governments allocate resources. It examines how decisions made by these entities affect the overall economy, influencing everything from inflation and employment rates to international trade and fiscal policy.

The Road to Serfdom
The Road to Serfdom

Friedrich von Hayek (1944)

Hayek argues that government intervention in the economy leads to a loss of individual freedoms and can pave the way for totalitarianism. He emphasizes the importance of preserving individual liberty and the dangers of central planning, advocating for a minimal state role in economic affairs to maintain a free society.

Economics, Political Theory

Losing Ground
Losing Ground

Charles Murray (1984)

Murray critically examines the impact and unintended consequences of American welfare policies from 1950 to 1980. He argues that these policies, though well-intentioned, have often exacerbated the problems they aimed to solve.

Public Policy, Economics, Sociology

Socialism
Socialism

Ludwig von Mises (1988)

Mises offers a comprehensive critique of socialist economic and social systems from a classical liberal perspective. He argues that socialism is fundamentally flawed due to its inability to efficiently allocate resources.

Economics, Political Theory

Coming Apart
Coming Apart

Charles Murray (2012)

Murray analyzes the growing cultural and economic divide among white Americans from 1960 to 2010. He highlights the increasing polarization between the upper and lower classes and its implications for society.

Economics, Sociology

Individualism and Economic Order
Individualism and Economic Order

Friedrich von Hayek (1948)

A collection of essays that explores the principles of individualism and their application to economic theory and policy. Hayek argues for the importance of free markets and decentralized decision-making in promoting economic prosperity and personal freedom.

Economics, Political Theory

Law, Legislation and Liberty
Law, Legislation and Liberty

Friedrich von Hayek (2013)

Hayek articulates his vision of a free society, emphasizing the distinction between law and legislation and the dangers of overreaching government power. Hayek argues for a spontaneous order where laws emerge naturally, supporting liberty and justice.

Economics, Political Theory