Category: Economics

A President without a detailed knowledge of economics will almost inevitably make choices that have poor economic results, that is, high unemployment, low productivity, and low standards of living. While much of economics seems like common sense to those involved in the day-to-day workings of the economy on a micro level, those establishing economic policy at the highest levels often lose site of the simplicity of free markets within the political maelstrom of Washington D.C. Only by being well-read in economic theory prior to obtaining public office and continuing to study economics while in office can our President hope to make the right economic decisions when faced with the relentless demands of special interests and self-interested politicians.

  1. The Omnivore’s Dilemma by Michael Pollan

    Overview (from Publisher’s Weekly) Pollan (The Botany of Desire) examines what he calls “our national eating disorder” (the Atkins craze, the precipitous rise in obesity) in this remarkably clearheaded book. It’s a fascinating journey up and down the food chain, … Continue reading

  2. Think and Grow Rich by Napoleon Hill

    Overview (from This is the REAL source of THE SECRET to Wealth! Published in 1937 and written during the depths of the Great Depression, this book contains the wisdom of 25 years of research into the mindset of the … Continue reading

  3. The Millionaire Next Door by Thomas J. Stanley and William D. Planko

    General Description (from How can you join the ranks of America’s wealthy (defined as people whose net worth is over one million dollars)? It’s easy, say doctors Stanley and Danko, who have spent the last 20 years interviewing members … Continue reading

  4. FairTax: The Truth by Neal Boortz

    General Description In 2005, firebrand radio talk show host Neal Boortz and Georgia congressman John Linder created The FairTax Book, presenting the American public with a bold new plan designed to eliminate federal taxes and the IRS, jump-start the U.S. … Continue reading

  5. Meltdown by Thomas E. Woods

    General Overview (from If you are fed up with Washington boondoggles, and you like the small-government, politically-incorrect thinking of Ron Paul, then you’ll love Tom Woods’s Meltdown. In clear, no-nonsense terms, Woods explains what led up to this economic … Continue reading

  6. The Case Against the Fed by Murray N. Rothbard

    Introduction By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA and other intelligence operations are under control of the … Continue reading

  7. What Has Government Done to Our Money? by Murray N. Rothbard

    General Overview In this brief book Murray N. Rothbard shows precisely how banks create money out of thin air and how the central bank, backed by government power, allows them to get away with it. He shows how exchange rates … Continue reading

  8. Capitalism and Freedom by Milton Friedman

    General Description (from How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy—one in which … Continue reading

  9. Animal Spirits by George A. Akerlof and Robert J. Shiller

    General Description (from The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, “animal spirits” are … Continue reading

  10. Superfreakonomics by Steven D. Levitt and Stephen J. Dubner

    General Description (from The New York Times best-selling Freakonomics was a worldwide sensation, selling over four million copies in thirty-five languages and changing the way we look at the world. Now, Steven D. Levitt and Stephen J. Dubner return … Continue reading

  11. Freakonomics by Steven D. Levitt and Stephen J. Dubner

    General Description (from Economics is not widely considered to be one of the sexier sciences. The annual Nobel Prize winner in that field never receives as much publicity as his or her compatriots in peace, literature, or physics. But … Continue reading

  12. The Wal-Mart Effect by Charles Fishman

    General Description (from Publisher’s Weekly) Fishman shops at Wal-Mart and has obvious affection for its price-cutting, hard-nosed ethos. He also understands that the story of Wal-Mart is really the story of the transformation of the American economy over the past … Continue reading

  13. On The Wealth of Nations by P. J. O’Rourke

    General Description (from In On The Wealth of Nations, America’s most provocative satirist, P. J. O’Rourke, reads Adam Smith’s revolutionary The Wealth of Nations so you don’t have to. Recognized almost instantly on its publication in 1776 as the … Continue reading

  14. Wealth of Nations by Adam Smith

    General Description (from The foundation for all modern economic thought and political economy, “The Wealth of Nations” is the magnum opus of Scottish economist Adam Smith, who introduces the world to the very idea of economics and capitalism in … Continue reading

  15. Economics in One Lesson by Henry Hazlitt

    Reviews “A magnificent job of theoretical exposition.” —Ayn Rand “I strongly recommend that every American acquire some basic knowledge of economics, monetary policy, and the intersection of politics with the economy. No formal classroom is required; a desire to read … Continue reading