Individualism and Economic Order

Individualism and Economic Order
Author: F. A. Hayek
Publisher: University of Chicago Press
Total Pages: 281
Release: 2012-12-01
Genre: Business & Economics
ISBN: 0226321215

“These essays . . . bring great learning and . . . intelligence to bear upon economic and social issues of central importance to our era.” —Henry Hazlitt, Newsweek In this collection of writings, Nobel laureate Friedrich A. Hayek discusses topics from moral philosophy and the methods of the social sciences to economic theory as different aspects of the same central issue: free markets versus socialist planned economies. First published in the 1930s and 40s, these essays continue to illuminate the problems faced by developing and formerly socialist countries. F. A. Hayek, recipient of the Medal of Freedom in 1991 and winner of the Nobel Memorial Prize in Economics in 1974, taught at the University of Chicago, the University of London, and the University of Freiburg. Among his other works published by the University of Chicago Press is The Road to Serfdom, now available in a special fiftieth anniversary edition. “There is much interesting and valuable material in this meaty . . . book which must ultimately help the world make up its mind on a vital issue: to plan or not to plan?” —S. E. Harris, The New York Times “Those who disagree with him cannot afford to ignore him . . . This is especially true of a book like the present one.” —George Soule, Nation

Freedom and the Economic System

Freedom and the Economic System
Author: Friedrich A. Von Hayek
Publisher: Martino Fine Books
Total Pages: 46
Release: 2012-05-01
Genre: Political Science
ISBN: 9781614272939

2012 Reprint of 1939 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This pamphlet is a manifesto, at once concise, cogent and eloquent, of individualistic liberalism. It is a fundamental challenge to the doctrine of liberal socialism. The kernel of his argument is that collectivist economic planning involves the planning organ of society in making final and authoritative decisions concerning the relative importance of different human needs: it therefore presupposes a very large measure of agreement on the part of the whole people in the matter of social values.

Economic Freedom and Interventionism

Economic Freedom and Interventionism
Author: Ludwig Von Mises
Publisher:
Total Pages: 0
Release: 2007
Genre: Austrian economics
ISBN: 9780865976733

Economic Freedom and Interventionism is both a primer of the fundamental thought of Ludwig von Mises and an anthology of the writings of perhaps the best-known exponent of what is now known as the Austrian School of economics. This volume contains forty-seven articles edited by Mises scholar Bettina Bien Greaves. Among them are Mises's expositions of the role of government, his discussion of inequality of wealth, inflation, socialism, welfare, and economic education, as well as his exploration of the "deeper" significance of economics as it affects seemingly noneconomic relations between human beings. These papers are valuable reading for students of economic freedom and the science of human action. Ludwig von Mises (1881-1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999.

Choose Economic Freedom

Choose Economic Freedom
Author: George P. Shultz
Publisher: Hoover Press
Total Pages: 78
Release: 2020-03-01
Genre: Political Science
ISBN: 0817923462

What are the keys to good economic policy? George P. Shultz and John B. Taylor draw from their several decades of experience at the forefront of national economic policy making to show how market fundamentals beat politically popular government interventions—be they from Democrats or Republicans—as a recipe for success. Choose Economic Freedom reconstructs debates from the 1960s and 1970s about the use of wage and price controls as tools of policy, showing how brilliant economists can hold diametrically opposed views about the wisdom of using government intervention to spur the economy. Speeches and documents from the era include a recently unearthed memo from Arthur Burns, Federal Reserve chair, in 1971, in which he argues in favor of controls. Under Burns's guidance and in the face of stubborn inflation, Nixon introduced wage and price guidelines and freezes. But over the long run, these became a drag on the economy and ultimately failed. It wasn't until the Reagan administration that these controls were reversed, resulting in a vibrant economy. The words of iconic economist Milton Friedman—whose "free to choose" ethos inspired the free-market revolution of the Reagan era—along with lessons Shultz and Taylor learned from the front lines, demonstrate that tried-and-true economic policy works.

Economic Freedom of the World, 1975-1995

Economic Freedom of the World, 1975-1995
Author: James D. Gwartney
Publisher:
Total Pages: 348
Release: 1996
Genre: Business & Economics
ISBN:

Derives an indicator for economic freedom based on personal choice, protection of private property, and freedom of exchange. Considers levels and trends in economic freedom, and their correlation with economic growth in 103 countries.

Freedom Manifesto

Freedom Manifesto
Author: Steve Forbes
Publisher: Crown Currency
Total Pages: 611
Release: 2012-08-21
Genre: Business & Economics
ISBN: 0307951596

From Steve Forbes, the iconic editor in chief of Forbes Media, and Elizabeth Ames coauthors of How Capitalism Will Save Us—comes a new way of thinking about the role of government and the morality of free markets. Americans today are at a turning point. Are we a coun­try founded on the values of freedom and limited gov­ernment, as envisioned by the founding fathers in the Declaration of Independence and the Constitution? Or do we want to become a European-style socialist democ­racy? What best serves the public good—freedom or Big Government? In Freedom Manifesto, Forbes and Ames offer a new twist on this historic debate. Today’s bloated and bureau­cratic government, they argue, is anything but a force for compassion. Instead of assuring fairness, it promotes favoritism. Instead of furthering opportunity, it stifles economic growth. Instead of unleashing innovation and material abundance, its regulations and price controls create rigidity and scarcity. Not only are Big Govern­ment’s inefficient and ever-expanding bureaucracies ill-equipped to deliver on their promises—they are often guilty of the very greed, excess, and corruption routinely ascribed to the private sector. The only way to a truly fair and moral society, the authors say, is through economic freedom—free people and free markets. Throughout history, open markets have helped the poor and everyone else by unleashing unprecedented creativity, generating wealth, and raising living standards. Promoting trust, generosity, and de­mocracy, economic freedom has been a more powerful force for individual rights, self-determination—and hu­manity—than any government bureaucracy. Freedom Manifesto captures the spirit of a new movement that is questioning old ideas about the mo­rality of government and markets for the first time since the Great Depression. Going beyond the familiar explanations and sound bites, the authors provide a fully developed framework of “first principles” for a true understanding of the real moral and ethical distinctions between more and less government. This timely and provocative book shows why free markets and liberty are the only way to a better future and a fair and humane society.

One Kind of Freedom

One Kind of Freedom
Author: Roger L. Ransom
Publisher: Cambridge University Press
Total Pages: 492
Release: 2001-07-16
Genre: Business & Economics
ISBN: 9780521795500

This edition of the economic history classic One Kind of Freedom reprints the entire text of the first edition together with an introduction by the authors and an extensive bibliography of works in Southern history published since the appearance of the first edition. The book examines the economic institutions that replaced slavery and the conditions under which ex-slaves were allowed to enter the economic life of the United States following the Civil War. The authors contend that although the kind of freedom permitted to black Americans allowed substantial increases in their economic welfare, it effectively curtailed further black advancement and retarded Southern economic development. Quantitative data are used to describe the historical setting but also shape the authors' economic analysis and test the appropriateness of their interpretations. Ransom and Sutch's revised findings enrich the picture of the era and offer directions for future research.

Planning for Freedom

Planning for Freedom
Author: Ludwig Von Mises
Publisher: Liberty Fund Library of the Wo
Total Pages: 0
Release: 2008
Genre: Business & Economics
ISBN: 9780865976610

In this anthology, Mises offers an articulate and accessible introduction to and critique of two topics he considers especially important: inflation and government interventionism. Mises believes inflation, that is monetary expansion, is destructive; it destroys savings and investment, which are the basis for production and prosperity. Government controls and economic planning never accomplish what their proponents intend. Mises consistently argues that the solution to government intervention is free markets and free enterprise, which call for reforming government. For that, ideas must be changed to "let the market system work." There is no better "planning for freedom" than this. The seventeen essays in Planning for Freedom: Let the Market System Work are tied together by one overarching idea, best expressed by Mises in the capstone essay "Profit and Loss." The essays in the final section of the book summarize Mises's contributions to economic thought and emphasize his firm belief in the power of ideas. Ludwig von Mises (1881-1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999.

Our Long Walk to Economic Freedom

Our Long Walk to Economic Freedom
Author: Johan Fourie
Publisher: Cambridge University Press
Total Pages: 442
Release: 2022-08-04
Genre: Business & Economics
ISBN: 1009228498

Our Long Walk to Economic Freedom is an entertaining and engaging guide to global economic history told for the first time from an African perspective. In thirty-five short chapters Johan Fourie tells the story of 100,000 years of human history spanning humankind's migration out of Africa to the Covid-19 pandemic. His unique account reveals just how much we can learn by asking unexpected questions such as 'How could a movie embarrass Stalin?', 'Why do the Japanese play rugby?' and 'What do an Indonesian volcano, Frankenstein and Shaka Zulu have in common?'. The book sheds new light on urgent debates about the roots and reasons for prosperity, the march of opportunity versus the crushing boot of exploitation, and why it is the builders of society – rather than the burglars –who ultimately win out.