Why Austrian Economics Matters

Why Austrian Economics Matters

By:

Llewellyn H. Rockwell, Jr.

Book Club members' rating

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


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

Summary

10 pages. This paper by Lew Rockwell was delivered at the Heritage Foundation and even at the time was regarded as the best single overview of the teachings of the school, its contribution to the the history of ideas, and the political implications of Austrian economic theory. It has remained constantly in print because it has proven to be such an effective presentation of the essential ideas.

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

Tags

Similar Books

loading

Related Starting Points

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 like time preference, capital and interest, subjective value, and economic calculation, to name a few.

And for those interested in currency or money, whether sound money or fiat money, you will find books arguing the benefits of the gold standard, debates on inflation and deflation, banking, central banks and the Federal Reserve specifically.

At the heart of the free market system of unregulated, voluntary trade stands capitalism and its emphasis on private property. Unsurprisingly, a large collection of books are available on this subject, many of which outline quite clearly the fundamentals and the outcomes of capitalism, especially in contrast to other economic systems like socialism. Additional related topics, such as free trade, decentralization, risk, uncertainty, and the market process can be found in such books.

A note from the curator: Liberty Classroom provides courses like: Austrian Economics Step by Step, two courses on the History of Economic Thought, and What’s Wrong with Textbook Economics, to name a few. With courses like these, how can you not become a fan of Liberty Classroom? I know I am.

And would you like your homeschoolers to learn economics right the first time around? The Ron Paul Curriculum homeschool program covers 12th grade economics from teachers you can trust. In full disclosure, Books of Liberty will get a small advertising fee for purchases made through our links.


Other classifications

To make things easier to find, we created a few groupings that allow you to narrow down certain topics that include a large number of named individuals, geographical locations, or geopolitical entities. We created the topics: people and groups; areas and nations; economists; and politicians (who, within it, include also nation state leaders and US presidents).

And if you want a book that seems to have a wide variety of topics, you may just want to filter with the word smorgasbord and see what books come up.