Best of
Economics

1969

Economic Depressions


Murray N. Rothbard - 1969
    It was written in 1969 and published in the form of a tiny book that achieved a huge circulation. It has not been in print since that time, but it is now back in this new release.It is thrilling how Rothbard is able to present the theory in an easy-to-digest format.Its continued relevance speaks to an aspect of the Austrian theory that other theories can't boast. It is a real theory that applies across time and place, and its persuasive power is not contingent on the particulars of any individual boom bust cycle.You will not only learn from this 50-page book; it is the perfect item to pass on to others who are wondering about the economic crisis of 2008 and following.

The Economy of Cities


Jane Jacobs - 1969
    Her main argument is that explosive economic growth derives from urban import replacement. Import replacement occurs when a city begins to locally produce goods that it formerly imported, e.g., Tokyo bicycle factories replacing Tokyo bicycle importers in the 1800s. Jacobs claims that import replacement builds up local infrastructure, skills, and production. Jacobs also claims that the increased production is subsequently exported to other cities, giving those other cities a new opportunity to engage in import replacement, thus producing a positive cycle of growth.In the foremost chapter of the book, Jacobs argues that cities preceded agriculture. She argues that in cities trade in wild animals and grains allowed for the initial division of labor necessary for the discovery of husbandry and agriculture; these discoveries then moved out of the city due to land competition.*from Wikpedia

Man vs. the Welfare State


Henry Hazlitt - 1969
    

The Myth of Over-Population


Rousas John Rushdoony - 1969
    Explains how socialism leads to food shortages because socialism robs the farmer (and other hard workers) while rewarding the slacker, then blames the resulting economic problems (no money for food) on overpopulation.

The Political Element In The Development Of Economic Theory


Gunnar Myrdal - 1969
    Originally published in 1953.

The Forgotten Man


William Graham Sumner - 1969
    All the burdens fall on him, or her, for it is time to remember that the Forgotten Man is not seldom a woman."

An Introduction to Seventeenth Century France


John Lough - 1969
    

On the Regulation of Currencies: Being an Examination of the Principles on Which It is Proposed to Restrict, Within Certain Limits, the Future Issues on Credit of the Bank of England and of the Other Banking Establishments Throughout the Country


John Fullarton - 1969
    In bolstering Thomas Tooke's challenge to Currency School orthodoxy, Fullarton improved its presentation and developed the theoretical basis of the argument in several important respects. T.E. Gregory appraised this work as "perhaps the most subtle and able production emanating from the Banking School"; Marx recognized Fullarton as among "the best writers on money" and Keynes was impressed with this "most interesting contribution to monetary thought." "Many of Fullarton's arguments later resurfaced in the Racliffe Report of 1959 and are still today being 'rediscovered'." The New Palgrave

National Power and the Structure of Foreign Trade


Albert O. Hirschman - 1969
    

The Fiscal Revolution in America: Policy in Pursuit of Reality


Herbert Stein - 1969
    This revised edition describes the revolution in US fiscal policy that occurred during administrations of various 20th-century American presidents, when the principle of balancing the budget gave way to that of managing government expenditure and taxes.

Commonwealth: A Study of the Role of Government in the American Economy: Massachusetts, 1774-1861


Oscar Handlin - 1969
    It revealed for the first time the importance of political action in the development of the American free enterprise system. The present edition has been revised by the authors to take into account the research of the past two decades. Focusing on Massachusetts as a key state, Oscar and Mary Flug Handlin describe the changes in the ways the government dealt with the economy from the period of independence to the Civil War, and they analyze the social groups whose interests and ideas influenced the character of those changes.The Handlins have re-examined both their original conclusions and the procedures by which they arrived at their formulation of the problem. They have not found it necessary to make substantial textual revisions, for both their research methods and their conclusions have stood the test of time, and their basic concepts have already been incorporated into the literature. However, they have made stylistic changes and have drastically altered their documentation, rigorously pruning the old footnotes and incorporating into the new notes important recent books and articles which treat the political and economic history of the period and the local history of the stale.There are two significant additions to the book: a new preface and a new appendix that explain the theoretical framework through a description and demonstration of the change in the authors' attitude and focus during the course of their original research.This revision of Commonwealth is as cogent as the original edition, more useful to scholars because of its incorporation of the latest scholarly literature, and, as a result of the reduction in documentation, more attractive to the general reader.

The Longer View


Paul A. Baran - 1969
    They are as diverse as his well-known discussion of Marxism and psychoanalysis, and his expert handling of the politics and economics of development.