When I was in college in the 1960s, my economics professor assigned us the popular Keynesian textbook by Paul Samuelson, who advocated inflation, deficit spending, and progressive taxation to stimulate the economy.
The supplemental text was The Worldly Philosophers, by Robert Heilbroner, a socialist who never said a word about Milton Friedman, Ludwig von Mises and other modern-day free-market economists. His favorite philosophers were Marx, Veblen, and Keynes.
Like many students, I hungered for a “free-market” alternative to these big-government textbooks.
Little did I know at the time (forty years ago) that I would end up writing two books to replace Samuelson and Heilbroner!
I am happy to announce, after years of research and writing, two important books, both updated for 2009:
- Economic Logic is a “no compromise” textbook in free-market economics, covering micro, macro, and government policy. It even has separate chapters on the financial markets, entrepreneurship, money, and government policy. It’s ideal for students of all ages, from home schoolers to investors. The 590 page work is published by Capital Press/Regnery. Click here for more information on the new 2nd edition of Economic Logic.
- The Making of Modern Economics tells the true story of free-market economics, where Adam Smith and his “system of natural liberty” are the heroic figure who comes under attack by Marxists, socialists and Keynesians, but always makes a comeback. This 490 page book is published by M. E. Sharpe Publishers and is fully illustrated with over 100 pictures and illustrations. Click here for more information on new 2nd edition of The Making of Modern Economics.