Economics in One Lesson, by Henry Hazlit.
This is a fantastic, easy to read book that breaks down the most common economic fallacies prevalent in our society. My Dad once told me that he learned more about economics from this one book than from several economics courses at Prominent East Coast College. A great introduction to Austrian Economics.
Crashproof 2.0, How to Profit from the Economic Collapse, By Peter Schiff.
This is more than just a book on investing. Written before the housing crisis of 2008, this prescient book outlines precisely how intervention by the government, the Federal Reserve bank was blowing up a housing bubble which was destined to pop. He also predicted how the government was likely to react to the crash with bailouts and stimulus which would only serve to set us up for the true, catastrophic crash which is still in our future. This book demonstrates how Austrian economic principles play out in the real world.
The Fair Tax Book, by Neal Boortz and John Linder.
The government needs revenue to operate. So what’s the best way to collect that revenue? That’s what an independent panel of economists and businessmen were asked to figure out. Clearly, it’s not the 70,000 plus page monstrosity that is our current system. This book succinctly points out the many benefits the “Fair Tax” would provide to the American people.
The Creature From Jekyll Island, by G. Edward Griffin.
Whew. This book is a beast. Long with small print and it can get a bit conspiracy theoryish at times. But if you want to know the nature of the Federal Reserve Bank and how it all got started, this is the definitive book. There is a chapter on bailouts that describes perfectly the bank bailouts we witnessed during the recent housing bubble collapse… only it was written in 1994 and was discussing bailouts in the ’80s.
Libertarianism in One Lesson, by David Bergland.
Can you tell I like books that only have one lesson? This primer on the Libertarian philosophy outlines the Libertarian position on major issues and compares and contrasts these positions to those of the Republican and Democratic parties.
The Revolution: A Manifesto, by Ron Paul.
Why were Ron Paul supporters so fanatical during his campaign? Read this book and you’ll understand. As Barry Goldwater states, “This book takes a wrecking ball to the political establishment.”
Healing our World in an Age of Aggression, by Mary Ruart.
The Law, by Frederic Bastiat.
Is Reality Optional, by Thomas Sowell.
This book is a collection of short essays on economics and social issues by one of America’s great thinkers. The essays are easy to read, thought provoking and cover a wide range of topics from economics to race relations to foreign policy. This is a great introduction to Dr. Sowell’s work.
More to come…