The Ultimate Foundation of Economic Science: An Essay on Method


Ludwig von Mises - 1962
    Mises believed that, since the publication of Human Action, economists and scientists alike had misinterpreted the idea of economics as a science by deeming it epistemological positivism—that they believed that the “science” basis was still more rooted in philosophy than in actual science.In this volume, Mises argued that economics is a science because human action is a natural order of life and that it is the actions of humans that determine markets and capital decisions. Since Mises believed these links could be proven scientifically, he concluded that economics, with its basis on that human action, is indeed a science in its own right and not an ideology or a metaphysical doctrine.What has been described as his most passionate work, The Ultimate Foundation of Economic Science brings together all of the themes from Mises’s previous works to proclaim what Israel Kirzner calls “the true character of economics.”Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century. He earned his doctorate in law and economics from the University of Vienna in 1906. In 1926, Mises founded the Austrian Institute for Business Cycle Research. From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce. Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City. From 1948 to 1969, he was a visiting professor at New York University.Bettina Bien Greaves is a former resident scholar, trustee, and longtime staff member of the Foundation for Economic Education. She has written and lectured extensively on topics of free market economics. Her articles have appeared in such journals as Human Events, Reason, and The Freeman: Ideas on Liberty. A student of Mises, Greaves has become an expert on his work in particular and that of the Austrian School of economics in general. She has translated several Mises monographs, compiled an annotated bibliography of his work, and edited collections of papers by Mises and other members of the Austrian School.

Leonardo da Vinci


Walter Isaacson - 2017
    He shows how Leonardo's genius was based on skills we can improve in ourselves, such as passionate curiosity, careful observation, and an imagination so playful that it flirted with fantasy. He produced the two most famous paintings in history, The Last Supper and the Mona Lisa. But in his own mind, he was just as much a man of science and technology. With a passion that sometimes became obsessive, he pursued innovative studies of anatomy, fossils, birds, the heart, flying machines, botany, geology, and weaponry. His ability to stand at the crossroads of the humanities and the sciences, made iconic by his drawing of Vitruvian Man, made him history's most creative genius

Our Revolution: A Future to Believe In


Bernie Sanders - 2016
    In the book, Sanders shares experiences from the campaign trail and outlines his ideas for continuing a political revolution to fight for a progressive economic, environmental, racial and social justice agenda that creates jobs, raises wages, protects the environment and provides health care for all.

New Ideas from Dead Economists: An Introduction to Modern Economic Thought


Todd G. Buchholz - 1989
    Featuring brand new sections on the remarkable shifts in the world economy, this economic study is a relevant, entertaining, and fascinating guide for those seeking both a solid lesson on the development of economic theory throughout the past two hundred years and a balanced perspective of our current economic state on the brink of the millennium.By applying age-old economic theories to contemporary issues, Todd Buchholz helps readers to see how the thoughts and writings of the great economists of the past have vital relevance to the dilemmas affecting all our lives today.

Karl Marx: A Life From Beginning to End


Hourly History - 2017
     If anything, Karl Marx’s life reminds us of the power of the pen over the sword. During his lifetime, he lived in relative obscurity. Rather than making any waves, Marx was usually lucky just to make the rent. And to make the ongoing hardship of his life even worse, Karl Marx was afflicted with boils from the top of his head to the soles of his feet. This painful skin condition in his later years made even his beloved vocation of writing rather difficult. But his pen would indeed demonstrate its power, and by the time 70-some years had passed since his demise, one-third of the entire planet would be living under regimes based upon his ideology. Inside you will read about... ✓ The Makings of a Revolutionary ✓ The Communist Manifesto ✓ Poor and Deported ✓ The Folly of the French ✓ Marx and the Civil War And much more! Love him or hate him, the power of Karl Marx’s pen, and his legacy, cannot be denied.

Edmund Burke: The First Conservative


Jesse Norman - 2013
    A brilliant 18th-century Irish philosopher and statesman, Burke was a fierce champion of human rights and the Anglo-American constitutional tradition, and a lifelong campaigner against arbitrary power. Revered by great Americans including Presidents Theodore Roosevelt and Woodrow Wilson, Burke has been almost forgotten in recent years. But as politician and political philosopher Jesse Norman argues in this penetrating biography, we cannot understand modern politics without him.As Norman reveals, Burke was often ahead of his time, anticipating the abolition of slavery and arguing for free markets, equality for Catholics in Ireland, and responsible government in India, among many other things. He was not always popular in his own lifetime, but his ideas about power, community, and civic virtue have endured long past his death. Indeed, Burke engaged with many of the same issues politicians face today, including the rise of ideological extremism, the loss of social cohesion, the dangers of the corporate state, and the effects of revolution on societies. He offers us now a compelling critique of liberal individualism, and a vision of society based not on a self-interested agreement among individuals, but rather on an enduring covenant between generations. Burke won admirers in the American colonies for recognizing their fierce spirit of liberty and for speaking out against British oppression, but his greatest triumph was seeing through the utopian aura of the French Revolution. In repudiating that revolution, Burke laid the basis for much of the robust conservative ideology that remains with us to this day: one that is adaptable and forward-thinking, but also mindful of the debt we owe to past generations and our duty to preserve and uphold the institutions we have inherited. He is the first conservative.A rich, accessible, and provocative biography, Edmund Burke describes Burke’s life and achievements alongside his momentous legacy, showing how Burke’s analytical mind and deep capacity for empathy made him such a vital thinker—both for his own age, and for ours.

The Gulag Archipelago 1918–1956


Aleksandr Solzhenitsyn - 1973
    Solzhenitsyn reveals the entire apparatus of Soviet repression—the state within the state that ruled all-powerfully. Through truly Shakespearean portraits of its victims—men, women, and children—we encounter secret police operations, labor camps and prisons; the uprooting or extermination of whole populations, the welcome that awaited Russian soldiers who had been German prisoners of war. Yet we also witness the astounding moral courage of the incorruptible, who, defenseless, endured great brutality and degradation. The Gulag Archipelago 1918–1956—a grisly indictment of a regime, fashioned here into a veritable literary miracle—has now been updated with a new introduction that includes the fall of the Soviet Union and Solzhenitsyn's move back to Russia.

On Hitler's Mountain: Overcoming the Legacy of a Nazi Childhood


Irmgard A. Hunt - 2005
    The very model of blond Aryan "purity," Irmgard sat on the Führer's knee for photographers, witnessed with excitement the comings and goings of all manner of famous personages, and with the blindness of a child accepted the Nazi doctrine that most of her family and everyone around her so eagerly embraced. Here, in a picture-postcard world untouched by the war and seemingly unblemished by the horrors Germany's master had wrought, she accepted the lies of her teachers and church and civic leaders, joined the Hitler Youth at age ten, and joyfully sang the songs extolling the virtues of National Socialism.But before the end -- when she and other children would be forced to cower in terror in dank bomb shelters and wartime deprivations would take a harrowing toll -- Irmgard's doubts about the "truths" she had been force-fed increased, fueled by the few brave souls who had not accepted Hitler and his abominations. After the fall of the brutal dictatorship and the suicide of its mad architect, many of her neighbors and loved ones still clung to their beliefs, prejudices, denial, and unacknowledged guilt. Irmgard, often feeling lonely in her quest, was determined to face the truth of her country's criminal past and to bear the responsibility for an almost unbearable reality that most of her elders were determined to forget. She resolved even then that the lessons of her youth would guide her actions and steel her commitment to defend the freedoms and democratic values that had been so easily dismissed by the German people.Provocative and astonishing, Irmgard A. Hunt's On Hitler's Mountain offers a unique, gripping, and vitally important first-person perspective on a tumultuous era in modern history, as viewed through the eyes of a child -- a candid and fascinating document, free of rationalization and whitewash, that chronicles the devastating moral collapse of a civilized nation.

Street Freak: Money and Madness at Lehman Brothers


Jared Dillian - 2011
    Like Michael Lewis’s classic Liar’s Poker, Jared Dillian’s Street Freak takes readers behind the scenes of the legendary Lehman Brothers, exposing its outrageous and often hilarious corporate culture. In this ultracompetitive Ivy League world where men would flip over each other’s ties to check out the labels (also known as the “Lehman Handshake”), Dillian was an outsider as an ex-military, working-class guy in a Men’s Wearhouse suit. But he was scrappy and determined; in interviews he told potential managers that, “Nobody can work harder than me. Nobody is willing to put in the hours I will put in. I am insane.” As it turned out, on Wall Street insanity is not an undesirable quality. Dillian rose from green associate, checking IDs at the entrance to the trading floor in the paranoid days following 9/11, to become an integral part of Lehman’s culture in its final years as the firm’s head Exchange-Traded Fund (ETF) trader. More than $1 trillion in wealth passed through his hands, but at the cost of an untold number of smashed telephones and tape dispensers. Over time, the exhilarating and explosively stressful job took its toll on him. The extreme highs and lows of the trading floor masked and exacerbated the symptoms of Dillian’s undiagnosed bipolar and obsessive compulsive disorders, leading to a downward spiral that eventually landed him in a psychiatric ward. Dillian put his life back together, returning to work healthier than ever before, but Lehman itself had seemingly gone mad, having made outrageous bets on commercial real estate, and was quickly headed for self-destruction. A raucous account of the final years of Lehman Brothers, from 9/11 at its World Financial Center offices through the firm’s bankruptcy, including vivid portraits of trading-floor culture, the financial meltdown, and the company’s ultimate collapse, Street Freak is a raw, visceral, and wholly original memoir of life inside the belly of the beast during the most tumultuous time in financial history. In his electrifying and fresh voice, Dillian takes readers on a wild ride through madness and back, both inside Lehman Brothers and himself.

Politicians, Partisans, and Parasites: My Adventures in Cable News


Tucker Carlson - 2003
    In this new book, he applies his deft and amusing hand to the goings-on in our nation's capital.

The Kaisers


Theo Aronson - 1971
     Theo Aronson's The Kaisers is the story of six people whose bitter differences were a microcosm of, and greatly influenced, a national conflict which echoed all round the world. Kaiser Wilhelm I, born 1797, King of Prussia 1861, proclaimed Emperor of all Germany 1871, died only in 1888 an autocratic, militaristic man of the eighteenth century completely opposed to the liberalizing ideas which swept Europe in his lifetime. In contrast his Empress, Augusta, was progressive in thought, open-minded in outlook, yet with all had a taste for the theatrical and pageantry of her royal status. The best of her was seen in their son, Kaiser Frederick III, who was Crown Prince for all but the last few cancer-torn weeks of his life. He personified the best of European liberalism of the nineteenth century. In this he was supported—many said unduly influenced by his energetic and vivacious English wife Victoria, Queen Victoria's eldest and 'Dearest Child', who brought to the marriage the enlightened ideals and hopes of her shrewd, practical mother and her far-seeing father, the Prince Consort. The tragedy, the tempting speculation of Germany's history, is that this couple reigned for only three months before Frederick III's death brought their son to the throne. Kaiser Wilhelm II, 'Kaiser Bill' of the first World War, was again the antithesis of everything his parents stood for. Queen Victoria's hopes that her grandson might be 'wise, sensible, courageous — liberal-minded — good and pure', could hardly have been more misplaced. The sixth, the dominating figure in the Hohenzollern story, is Prince Otto von Bismarck, the ruthless 'Iron Chancellor', virtual dictator of Germany for nearly thirty years. He served all three Kaisers, claiming with justification that on his shoulders he had carried the first to the Imperial throne—where he manipulated him to his will despite the hatred and manoeuvrings of the Empress Augusta. He feared the reign of the short-lived second Kaiser and feared more perhaps (and never missed an opportunity to disparage) the Empress Victoria and the constant, commonsense influence from England of her mother. (`That', he said ruefully after their one meeting, 'was a woman ! One could do business with her ! ') Their son he flattered, siding with him against his parents, and in so doing brought about his own downfall, when the vainglorious young man he had schooled as Crown Prince came as Kaiser to believe that he could do without his mentor. But for Europe it was too late, and the policies of one and the vanities of the other were already leading Europe helter-skelter into the holocaust of 'the Kaiser's War'. Theo Aronson's gifts as a writer have deservedly brought him high regard as a chronicler of the complex histories of Europe's great ruling Houses. Rarely have his talents been better employed than in this study of the comet-like rise and fall of the House of Hohenzollern, the House of the Kaisers of Germany. It is a story of bitter, almost continual conflict, yet even in what can now be seen as a path to inevitable destruction Mr. Aronson finds passages of light and shade that show the Hohenzollerns not simply as Wagnerian puppets posturing on a vast European stage, but people deserving of our understanding and compassion.

Liar's Poker


Michael Lewis - 1989
    The place was Wall Street. The game was called Liar’s Poker. Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years—a behind-the-scenes look at a unique and turbulent time in American business. From the frat-boy camaraderie of the forty-first-floor trading room to the killer instinct that made ambitious young men gamble everything on a high-stakes game of bluffing and deception, here is Michael Lewis’s knowing and hilarious insider’s account of an unprecedented era of greed, gluttony, and outrageous fortune. .

At the Existentialist Café: Freedom, Being, and Apricot Cocktails


Sarah Bakewell - 2016
    Three young friends meet over apricot cocktails at the Bec-de-Gaz bar on the rue Montparnasse. They are Jean-Paul Sartre, Simone de Beauvoir and their friend Raymond Aron, who opens their eyes to a radical new way of thinking. Pointing to his drink, he says, 'You can make philosophy out of this cocktail!'From this moment of inspiration, Sartre will create his own extraordinary philosophy of real, experienced life–of love and desire, of freedom and being, of cafés and waiters, of friendships and revolutionary fervour. It is a philosophy that will enthral Paris and sweep through the world, leaving its mark on post-war liberation movements, from the student uprisings of 1968 to civil rights pioneers.At the Existentialist Café tells the story of modern existentialism as one of passionate encounters between people, minds and ideas. From the ‘king and queen of existentialism'–Sartre and de Beauvoir–to their wider circle of friends and adversaries including Albert Camus, Martin Heidegger, Maurice Merleau-Ponty and Iris Murdoch, this book is an enjoyable and original journey through a captivating intellectual movement. Weaving biography and thought, Sarah Bakewell takes us to the heart of a philosophy about life that also changed lives, and that tackled the biggest questions of all: what we are and how we are to live.

Blackout: How Black America Can Make Its Second Escape from the Democrat Plantation


Candace Owens - 2020
    What do you have to lose? This question, posed by then-presidential candidate Donald Trump to potential black voters, was mocked and dismissed by the mainstream media. But for Candace Owens and many others, it was a wake-up call. A staunch Democrat for all of her life, she began to question the left’s policies toward black Americans, and investigate the harm they inflict on the community. In Blackout, social media star and conservative commentator Owens addresses the many ways that liberal policies and ideals are actually harmful to African Americans and hinder their ability to rise above poverty, live independent and successful lives, and be an active part of the American Dream. Weaving in her personal story that brought her from the projects to 1600 Pennsylvania Avenue, she demonstrates how she overcame her setbacks and challenges despite the cultural expectation that she should embrace a victim mentality. Owens argues that government assistance is a double-edged sword, that the left dismisses the faith so important to the black community, that Democratic permissiveness toward abortion disproportionately affects the black babies, that the #MeToo movement hurts black men, and much more. Well-researched and intelligently argued, Blackout lays bare the myth that all black people should vote Democrat—and shows why turning to the right will leave them happier, more successful, and more self-sufficient.

Specialization and Trade: A Re-introduction to Economics


Arnold Kling - 2016
    It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing.A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.