Lessons for the Young Economist Teacher's Manual

Lessons for the Young Economist Teacher's Manual

By:

Robert P. Murphy

Book Club members' rating

Click any button below to buy or to see prices and Amazon reviews:

Book club members only: click here to join the discussion!


Log in to add to wishlist, library or to rate the book

Summary

This is the teacher's manual to accompany the student textbook, Lessons for the Young Economist.


The manual follows the student text very closely (the student text is needed separately, either in physical form or PDF). For each section within a chapter, the manual may give the historical context, clarify the relationship between what the student is learning from the text compared to a typical college textbook, warn about possible confusions the student may encounter, or give links for further reading for the teacher’s own edification (not necessarily to be assigned to the student).

In addition, this manual provides thorough answers to the study Questions found at the back of each Lesson in the student text. The manual also lists optional supplemental materials, such as free online videos, audio lectures, and readings, along with instructions as to their level of difficulty and relevance. The manual also provides sample tests and even suggested activities (ideal for homeschooling parents) to illustrate the concepts in each chapter.

The manual can be used by any teacher, but it is ideal for the homeschooling parent who needs guidance in developing a curriculum for the junior high student involving economics.

Spiral bound
428 pages
ISBN: 9781610162043

Summary courtesy of the Ludwig von Mises Institute. The Mises Institute is the premier organization in support of the free market, peace and prosperity. They provide free educational material, books audio books, lectures and courses that free your mind. This site would not exist were it not for the generosity, hard work and dedication of the Mises Institute, its employees, fellows and its benefactors. Books of Liberty is eternally grateful to all of their work and efforts. Please consider supporting the Mises Institute in any way you can.

Great Deals!

Do you want to get this and many other paperback/hardcover books delivered fast and free? Try Amazon Prime 30-Day Free Trial or give the Gift of Amazon Prime to someone who'd love it!

Read or listen for free

Buy elsewhere

Tags

Similar Books

loading

Related Starting Points

Philosophy of Freedom

Within this topic you’ll find a wide variety of books, many of which we hold in the highest regard. These books are also associated with other topics, such as anarchist traditions and practical liberty. All your great libertarian manifestos, books that discuss individual liberty, the non-aggression principle, laissez faire, objectivism, etc. are found within.

Anarchist traditions would be a great shortcut to find books specifically calling out anarchist principles. The name "anarchist traditions" is purposefully broad, because in addition to anarcho-capitalism and voluntaryism, there are books on anarcho-syndicalism, anarcho-communism or other forms of collectivist anarchism, as well as egoism and other schools of thought.

Practical liberty has a hodge-podge of awesome content, from the great anti-war and abolitionist books to theoretical treatises on private defense and private law; from whistleblowing and WikiLeaks to other forms of activism and civil disobedience; from secession to jury nullification and describing revolution and resistance. We’ve even thrown in some interesting "how to" books on affecting change to further one’s activist ends.

The topic of philosophy is closely associated, as many of the books tagged to the philosophy of freedom contain deep philosophical arguments from ethics and epistemology to political theory and religion. A wide variety of ideologies are represented and critiqued within the pages of the books linked here, covering the full political spectrum: whether it is Fascism versus Communism; Neoconservatism versus Progressivism or Liberalism; Nationalism and Nazism versus International Socialism and everything in between.

A note from the curator: You may see throughout the site banners promoting Liberty Classroom. As a very satisfied Master Member, I cannot recommend enough the courses within Liberty Classroom, all of which are imbued with the philosophy of freedom, including How Freedom Settled the West and History of Conservatism and Libertarianism. In full disclosure, Books of Liberty will get a small advertising fee for purchases made through our link.


Personal Freedom

Since the mission of Books of Liberty is to help you find content to free your mind, you can’t go wrong with clicking on personal freedom and seeing where it takes you. Topics that are likely to be correlated with personal freedom include education and critical thinking, entrepreneurship or other means of achieving financial freedom, physical and mental wellbeing, and for the parents out there we have books on peaceful parenting and some reading ideas for your own young readers.


Anti-individualism

Sadly, where there is light, there must be shadow and the topics you’d find in this category pertain to the darker parts of human existence. We’ve included some books that espouse such ideals, such as various communist treatises or books that advocate various forms of socialism or those that hail democracy as some crowning achievement of mankind. I, for one, feel that it is important to know the arguments of the opposing side to strengthen your understanding of your own position. But if you do buy these books and enrich the authors or their publishers, please buy through our links so that at least a liberty-loving outfit would gain a buck or two out of this deal…

Aside from a few books that support such views, the majority of the titles tagged with the above topics are there to shine light on, and provide a critique of these views. Other anti-individualist topics include: the seemingly benign bureaucracy that makes the State inefficient; the deceptive egalitarianism and the nanny state, a path paved with good intentions that we all know where it leads (hint: may include redistribution of wealth and slavery); the outright evil in ideologies such as Fascism and Marxism that lead to despotism, dictatorship, tyranny and totalitarianism; and crony capitalism (corporatism) and its predecessor mercantilism, which masquerades as capitalism in most people’s minds and leads to anti-capitalist views.


Critique of the State

Shedding more light where once was dark, this topic includes a wide array of critiques surrounding the function of the State, but mostly around policy critiques and warfare. As it relates to the State’s functioning, everything from central planning, coercion and government expansion through to propaganda, taxation and the act of voting are discussed.

The State apparatus and its institutions, the CIA, FBI, NSA, and other alphabet soup organizations – they are all brought to account together with their counterparts in the military-industrial complex and the deep state. The Supreme Court, criminal justice system and the prisons are not immune to critique. And the filth of politics and lobbying are described in great lengths.

Policy critiques cover everything from abortion to welfare. It all starts with state intervention in the affairs of private individuals and foreign intervention (which includes the seemingly benevolent foreign aid) in the affairs of other groups of people. More specifically, US foreign policy and US military intervention are popular policies to critique.

Some of the other more common topics include: drugs, eminent domain, environmentalism, poverty, protectionism, muh roads, slavery, and other forms of public policy. Needless to say, these and other policies lead to ridiculous levels of government spending, itself a valid topic to critique.

And of course, the most destructive activity perpetrated by the State is warfare. The wars abroad and at home are discussed at length. Of the ‘traditional’ wars, World War I and II and the so-called American ‘Civil War’ (always in quotation marks) feature in the most number of books, some of which include discussions on genocide and war crimes. But then there are also the wars on amorphous, undefined entities, such as: the war on drugs, which leads to domestic violence, militarization and a police state; and the war on terror, which brought us torture, more terror and the ever-increasing drone warfare.

A note from the curator: The State is thoroughly critiqued within Liberty Classroom and the Ron Paul Curriculum homeschool program. In full transparency, I have no direct experience in homeschooling but I have heavily researched Ron Paul’s program and found it to be an outstanding alternative to the public school system (a system where you would never hear a critique of the State).

I am a very satisfied Master Member of Liberty Classroom and have taken the Introduction to Government course that is available through the Ron Paul Curriculum. Between this course and others available through Liberty Classroom, you can’t get a better or more thought out exposition critiquing the State and all its failures or faulty premises (and in a way that is suitable for the younger ages too). I’ll disclose that Books of Liberty will get a small advertising fee for purchases made through our links.


The Law

We find topics about the law, laws and legislation, justice, law enforcement and judicial systems fascinating, especially when combined with anarchy, as this seems to be one of the last bastions on the road to understanding an anarchist system and how legal order and property rights would be maintained.

Administrative law, regulations, and licensure as we know them today are artefacts of the State that are critiqued in our featured books, but so are dozens of other legislative issues, such as: labor laws (child labor, labor unions, minimum wage), issues relating to the US Constitution or the Articles of Confederation (e.g. the commerce clause, nullification, fugitive slave laws, gun control / second amendment), civil rights issues, Obamacare, Prohibition, and even earlier established legal concepts, such as the Magna Carta and Habeas Corpus.

A note from the curator: One of the reasons I am a very satisfied Master Member of Liberty Classroom is that I have access to courses like US Constitutional History and others featuring topics related to the law. In full disclosure, Books of Liberty will get a small advertising fee for purchases made through our link.


Cultural Issues

Legal and political issues aside, it is often the cultural and social issues that are upstream from any legislative action. Especially in a democracy, politicians know that to get reelected they need to tread a fine line and take a stand on topics that are culturally in vogue. Books providing cultural analysis or ones that talk of the social order are numerous within our site.

These books include racism, sexism, feminism and other such social justice issues relating to discrimination, freedom of association, freedom of speech, human rights, or political correctness. The topics of popular culture, American culture and Western Civilization are also represented.

Observations from many writers on these issues are provided through commentary and opinion and often investigative journalism leads down an interesting path, shedding light on these and other topics.


History

One of the most popular topics on this site, history, is a fascinating subject to read. Given the nature of this site it didn’t quite make sense to create a category of ‘revisionist history’ since most of the history books featured are of that nature. Sure enough, we have uncontested historical accounts of various historical events, but when you search for history and drill further down into a specific topic (such as various wars, Pearl Harbor, The New Deal or the Great Depression), you are going to get intellectually honest ‘revisionist’ accounts of these events.

While you may expand your history search by historical event or by selecting US history or the history of some other area or nation, we have classified the history texts by period as well. You can indulge your curiosity if you are an avid reader of one of or more of the following periods: Antiquity, Biblical period, Classical period, Medieval period or the Middle ages, Early modern period, the Renaissance, or specifically within the last few hundred years, as grouped by: 16th Century, 17th Century, 18th Century, 19th Century, or the 20th Century.

And speaking of indulging yourself, with several dozen books on conspiracy theories, you may brush up on such topics as 9/11, the New World Order, False Flag operations, or on the Kennedy deaths, or various institutions and secret societies like The Illuminati, The Freemasons, Bilderberg Group, Trilateral Commission, Council on Foreign Relations, Tavistock Institute, or even Skull & Bones.

A note from the curator: The variety of history courses within Liberty Classroom, including two US History courses, two Western Civilization courses, and many (many!) more will, no doubt, make you as big of a fan of Liberty Classroom as I am. The Western Civilization courses are also available to students of the Ron Paul Curriculum homeschool program along with many other courses you will not find in public schools (or most private schools either).

In full transparency, I have no direct experience in homeschooling but if you want your kids to learn the real history you were never taught, you can’t get much better than providing them Ron Paul’s program. Books of Liberty is happy to promote both these programs in exchange for a small advertising fee because I cannot reiterate enough what terrific history resources these programs are.


Economics

The economics category, as expected, is very well represented within the pages of this site. Of all the economics books, around half are explicitly Austrian Economics texts, and (with a significant overlap) around half discuss monetary theory. You may search specifically for economic treatises or books about economists; you will find historical or theoretical accounts of financial crises; you will stumble upon recent books on crypto-currencies (like bitcoin), books covering topics like income or wealth inequality, as well as more technical subjects like price theory, monopoly, division of labor, public choice theory and others. Additionally, critiques of Keynesian economics are to be found throughout the books in this category.

Of the Austrian Economics books, the largest portion discuss The Austrian Business Cycle and praxeology or human action, but you will find many covering to one degree or another topics lik