Archive for new books

George Reisman’s Monograph on Piketty’s ‘Capital in the Twenty-First Century’

Good News: George Reisman read Piketty’s Capital so you don’t have to. It seems Reisman is one of the few people who has actually read it. More good news: Reisman tells you what you need to know in a short monograph, and not in 700 pages like Piketty. The monograph is available at Amazon and at Reisman’s web site.

Randall Holcombe Interviewed in Italian About His New Textbook

300x169xbrics--300x169.jpg.pagespeed.ic.RNk0oohDMoIn The Free Market, We recently interviewed Randall Holcombe about his new textbook on Austrian economics for economics students, Advanced Introduction to the Austrian School of Economics. Thanks to Luca Fusari , for translating it into Italian.

Ludwig von Mises Institute: Perché hai deciso di scrivere questo libro?

Randall Holcombe: Ho ricevuto una richiesta dall’editore Edward Elgar se fossi stato interessato a scriverlo, e ho accettato. Volevano un breve libro di circa 50 mila parole che introducesse il pubblico alle idee della Scuola Austriaca, e questo è quello che ho scritto. Il testo scorrevole è di sole 116 pagine, non contando la prefazione, l’indice e un ampio elenco di riferimenti in conclusione. Scrivere il libro è stata un’idea della casa editrice, ci ho riflettuto per un po’ poi ho accettato. Un motivo per cui ero esitante è che, se si parla con un gruppo di economisti austriaci, tutti hanno giudizi diversi sulle idee di base della Scuola. Non volevo scrivere un libro che dicesse, ‘queste sono le più importanti idee della Scuola Austriaca’, e quindi ho avviato un dibattito su ciò che avrei potuto lasciar fuori o non citare in quanto non pertinente. In definitiva ho deciso che i benefici di scrivere il libro compensino tali rischi, così l’ho realizzato.

The Fed at One Hundred: A Critical View on the Federal Reserve System

fedbookSome great contributors. This might even be worth the high price:

Including contributions from David Howden, Guido Hulsmann, Thomas DiLorenzo, Thomas Woods, Robert Murphy, Shawn Ritenour, Jeffrey Herbener, Mark Thornton, William Barnett, Peter Klein, Lucas Engelhardt, and Douglas French.

The book was edited by David Howden and Joseph Salerno, and includes a forward by Hunter Lewis.

Joe Salerno discussed the book at the most recent Austrian Economics Research Conference.

Walter Block: Libertarianism from A to Z

6792Walter Block’s new book Toward a Libertarian Society covers a wide variety of topics from the death penalty to secession, and from war to macroeconomics. Dr. Block recently spoke with the Mises Institute about just a few of these.

Ron Paul’s ‘Liberty Defined’ Now in Portuguese

81dT9hXnh9L._SL1500_Thanks to Helio Beltrão and Instituto Ludwig von Mises Brasil for Definindo a Liberdade, the new Portuguese-language translation of Ron Paul’s book Liberty Defined: 50 Essential Issues That Affect Our Freedom. From the summary: 

O termo “liberdade” é tão comumente usado que se tornou um mero clichê. Mas será que sabemos o que significa liberdade? No que ela implica? Como ela afeta a nossa vida cotidiana? E mais importante, será que podemos reconhecer a tirania quando ela nos é vendida disfarçada de liberdade?

Em Definindo a liberdade, o congressista e autor best-seller Ron Paul retorna com seus mais provocativos e convincentes argumentos a favor da liberdade individual. O livro é organizado por tópicos, em ordem alfabética, possibilitando uma leitura agradável, porém, o que é realmente notável é o conteúdo. Lúcido e sutil, profundo e radical, surpreendente e polêmico, o objetivo do doutor Paul foi transcender todas as suposições da política moderna e repensar o que significa viver num ambiente de liberdade. Não se trata de algo instituído ou concedido pelo governo, mas o contrário: é a ausência do controle governamental.

Yuri Maltsev Explains the Tea Party

6646In today’s Mises Daily, the Mises Institute interviews Yuri Maltsev about his new book co-authored with Roman Skaskiw: The Tea Party Explained: From Crisis to Crusade, released in October by Open Court Press.

Mises Institute: What were the origins of what is now called the Tea Party movement?

Yuri Maltsev: As we explain in our book, the modern Tea Party movement began with a fundraiser by Ron Paul supporters on December 16th, 2007 (the 234th anniversary of the pre-revolutionary Boston Tea Party) and a backlash against the policies of President George W. Bush. This Tea Party fundraiser was followed by an even bigger one, the unprecedented Ron Paul “money bomb” of November 5th.

MI: Has the character of the Tea Party changed over time?

YM: Once the Tea Party proved resilient to criticism from both sides, numerous existing organizations and political careerists sought to join it, represent it, and/or influence it. There were pre-existing groups with over-lapping messages, other outraged groups searching in good faith to make themselves heard, and, of course, political opportunists seeking to either radicalize or co-opt the movement. A tenuous and perpetually shifting alliance formed between much of the Tea Party and parts of the Republican establishment. Three and a half years after Ron Paul’s Tea Party, Beck’s “Restoring Honor Rally” represented the most visible and publicized shift in the perception of Tea Party ideology toward social conservatism and a hawkish foreign policy.


New in the Store: Butler Shaffer’s ‘A Libertarian Critique of Intellectual Property’

EBOKSS658What is the status of intellectual property? Are patents and copyrights legitimate in a free society?

Butler Shaffer is a distinguished libertarian legal theorist who has for many years taught at Southwestern Law School in Los Angeles. In this monograph [hard copy here], he addresses an important question that has aroused much interest among libertarians: What is the status of intellectual property? Are patents and copyrights legitimate?

Shaffer responds with an appeal to fundamental libertarian principles. Only arrangements that people freely negotiate with one another are acceptable: laws imposed by a coercive state are not. Judged by this standard, intellectual property fails. People may make contracts that limit the sale or transmission of ideas or books, but these bind only those who make them. Intellectual property laws, by contrast, apply to everyone, whether people accept them or not. These laws could not have arisen through voluntary agreements.

Defenders of intellectual property maintain that inventors and writers need protection for their work. Without patents and copyrights, inventions and creative work would be impeded. Shaffer responds that most of the great creators and inventors of the past worked without patent s and copyrights. Leonardo da Vinci and Shakespeare, for example, did rather well without this sort of state privilege.

A Libertarian Critique of Intellectual Property is a major contribution to libertarian legal theory and an indispensable guide to a vital topic.

Last week, Mises Daily featured a selection from Butler Shaffer’s new monograph on intellectual property.

New German-Language Book on Monetary Policy

51j3Yyq07VL._Philipp Bagus and Andreas Marquart have co-authored a new introductory text on monetary policy for German-language readers.

Here’s a brief description:

In Warum anderen auf Ihre Kosten immer reicher werden – und welche Rolle Staat und Papiergield dabei spielen (transl. Why You Pay For Others to Get Richer – And What the Government and Paper Money Have to do with It) A. Marquart and P. Bagus offer an introduction to the perverse consequences of our present fiat money system directed toward a popular audience. Throughout the book Marquart and Bagus compare good or private money and a society based on it with society based on bad or state money. They explain how money arises on the free market and how and why governments got involved into the monetary system. They show how business cycles distort the economy, how the government and the financial sector benefit from the current monetary system, how the fiat money system allows for an unjust redistribution impoverishing the middle and lower classes benefiting the super rich, how regulations interact with the monetary system to strangulate the economy, and how fiat money destroys traditional values and the family.

‘The Essential von Mises’ and ‘Scholar, Creator, Hero’ now in Japanese

51nmz72qOnL._AA278_PIkin4,BottomRight,-37,22_AA300_SH20_OU01_Rothbard’s  The Essential von Mises which includes Rothbard’s biographical monograph Ludwig von Mises: Scholar Creator Hero  is now available in Japanese, thanks, yet again, to the efforts of Tatsuya Iwakura.

Both are available in one volume now available as an ebook on Amazon. 

Following is a part of the ‘book description’ of Amazon (translated):

Rothbard’s ‘The Essential von Mises’ was published in 1973. And now it is coupled with another book  ’Scholar, Creator, Hero’ written by Rothbard in 1990. Each book corresponds to part 1 and part 2 of this book.

In part 1, the contributions to economics by Ludwig von Mises, are outlined in chronological order. This is useful as an introduction to Mises and Austrian Economics.

Part 2 is a biography of Mises. Rothbard talks about his feelings toward the results of of Mises’s search for economic truth and what he did in spite of many severe restrictions put on his efforts.

When I read this, I (the translator) imagine the following passage from Mises’s ‘Human Action’:

“Many a genius could have used his gifts to render his life agreeable and joyful; he did not even consider such a possibility and chose the thorny path without hesitation.” (The Scholar’s Edition, 1998) p.139


Lew Rockwell’s New Book ‘Fascism versus Capitalism’ Now in the Mises Store

EBOKB1002In both ebook and hard copy. 

Fascism vs. Capitalism: The Central Ideological Conflict of Our Times

“Fascism” has become a term of general derision and rebuke. It is tossed casually in the direction of anything a critic happens to dislike.

But fascism is a real political and economic concept, not a stick with which to beat opponents arbitrarily. The abuse of this important word undermines its true value as a term referring to a very real phenomenon, and one whose spirit lives on even now.

Fascism is a specific ideology based on the idea that the state is the ideal organization for realizing a society’s and an individual’s potential economically, socially, and even spiritually.

The state, for the fascist, is the instrument by which the people’s common destiny is realized, and in which the potential for greatness is to be found. Individual rights, and the individual himself, are strictly subordinate to the state’s great and glorious goals for the nation. In foreign affairs, the fascist attitude is reflected in a belligerent chauvinism, a contempt for other peoples, and a society-wide reverence for soldiers and the martial virtues.

Lew Rockwell, in this new volume, examines the starkly contrasting systems of capitalism and fascism, noting pro-fascist trends in recent decades as well as the larger historical trends in the United States and internationally.

In Section One, Rockwell focuses on the nature of fascism and its influence in Western society, with a focus on American political and economic institutions.

In Section Two, Rockwell examines capitalism as the enemy of, and antidote to fascism.

Combining economics, history, and political philosophy, this book doesn’t just provide a diagnosis of what ails American and Western society, but also sheds light on how we might repair the damage that has been done, and with the help of the intellectual work of great minds like Murray Rothbard and Ron Paul, we might as a society shed the fascism of our times and look to freedom instead.