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Economics of Education

Should President Biden Cancel Student Debt?

By David Henderson

Economics of Health Care

AMA Proudly Beats Back Competition

By David Henderson

Austrian Economics

George H. Smith, RIP

By David Henderson

Economics of Health Care

The CMS is Right and the WSJ is Wrong

By David Henderson

Money and Inflation

Inflation Falls

By David Henderson

International Trade

Wipe Out the Benjamins?

By David Henderson

Labor Mobility, Immigration, Outsourcing

Child Subsidies versus More Immigration

By David Henderson

Austrian Economics

Reminiscences of Hayek

By David Henderson

Books: Reviews and Suggested Readings

Young Man: the Janitors!

By David Henderson

International Trade

Don’t Just Stand There: Undo Something

By David Henderson

EconTalk

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Dignity Not Included

Did you know that nearly EIGHTY PERCENT of Americans will experience at least one year of living at or below the poverty level? On the flip side, almost 40% of Americans will also spend at least one year in the top 10% of income earners. So what is poverty? According to sociologist and author Mark […]

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C’mon Get Happy!

How can you tell if you’re really happy? What makes other people happy? Are these empirical questions that can be answered? In this episode, EconTalk host Russ Roberts continues his exploration of happiness studies with psychologist Emiliana Simon-Thomas of UC Berkeley. From our many previous episodes on happiness, we know that many disciplines have tried […]

EconLog

Austrian Economics

Reminiscences of Hayek

I never have trouble remembering Friedrich Hayek‘s birthday (May 8) because it’s the same day as my late sister’s birthday and the same day as VE Day. Here’s a link to some reminiscences of the first time I met Hayek. A highlight from that link: In June 1975, when I attended the second Austrian conference […]

Books: Reviews and Suggested Readings

Young Man: the Janitors!

In response to my post titled “Who’s Responsible for Student Loans?” April 28, 2022, frequent commenter Vivian Darkbloom wrote: At the risk of keeping this too simple, I’d say it’s the person(s) signing or co-signing the loan agreement. I LedOL when I saw this. It reminded me of something I read when I was 18 […]

LIBERTY CLASSICS SERIES

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Featured Articles

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The Beef with Greed: Leo Tolstoy and Adam Smith

Free market economics and libertarianism are often linked, rightly wrongly, with egoism, selfishness, and greed. In Leviathan (1651), perhaps the first great modern political text, Thomas Hobbes writes that “No man gives but with the intention of good to himself, because gift is voluntary; and all voluntary acts are the object to every man in […]

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The State Is Us (Perhaps), But Beware of It!

A Liberty Classic Book Review of The Calculus of Consent: Logical Foundations of Constitutional Democracy, by James M. Buchanan and Gordon Tullock.1 First published sixty years ago this year, James Buchanan and Gordon Tullock‘s The Calculus of Consent: Logical Foundations of Constitutional Democracy is widely recognized as a seminal work in the development of the […]

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Jonathan Rauch and the Knowledge Problem

In this book I have supplemented “liberal science” with the term “reality-based community,” by which I mean the social network which adheres to liberal science’s rules and norms…. The community’s interactions are structured and elaborate and amount to much more than just the sum of its individuals’ doings, and the essential enablers, connectors, and transmitters […]

Book Reviews and Suggested Readings

The State

By Anthony de Jasay

Though this book leans on political philosophy, economics, and history, it leans on each lightly enough to remain accessible to the educated general reader, for whom it is mainly intended. Its central theme—how state and society interact to disappoint and render each other miserable—may concern a rather wide public among both governors and governed. Most […]

The Reason of Rules: Constitutional Political Economy

By Geoffrey Brennan and James M. Buchanan

The Power to Tax: Analytical Foundations of a Fiscal Constitution

By Geoffrey Brennan and James M. Buchanan

“F. A. Hayek and the Rebirth of Classical Liberalism”

By John N. Gray

In the recent revival of public and scholarly interest in the values of limited government and the market order, no one has been more centrally significant than Friedrich A. Hayek. His works have figured as a constant point of reference in the discussions both of the libertarian and conservative theories of the market economy; they […]

Conversations

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A Conversation with Steve Pejovich

Svetozar “Steve” Pejovich, one of the most dynamic and insightful theorists writing on property rights, reflects on his experience in economics. With characteristic sagacity and humor, he demonstrates the power that empirical cases can bring to bear on theoretical problems. Born in Belgrade, Pejovich is Professor Emeritus at Texas A&M University, where he taught for […]

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A Conversation with Harold Demsetz

A professor at the Graduate School of Business at the University of Chicago in the 1960s and a primary figure in Chicago School Economics and in the field of Law and Economics, Harold Demsetz has contributed original research on the theory of the firm, regulation in markets, industrial organization, antitrust policy, transaction costs, externalities, and […]

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Reading Lists by Topic

The Reading Lists by Topic pages contain some suggested readings organized by topic, including materials available on Econlib. Brief reviews or descriptions are included for many items.

College Economics Topics

Supplementary materials for popular college textbooks used in courses in the Principles of Economics, Microeconomics, Price Theory, and Macroeconomics are suggested by topic.

High School Economics Topics

These free resources are appropriate for teachers of high school and AP economics, social studies, and history classes. They are also appropriate for interested students, home schoolers, and newcomers to the topic of economics.

Biographies

From the Concise Encyclopedia of Economics