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Source link: http://archive.mises.org/12017/floods-of-new-literature/

Floods of new literature

March 6, 2010 by

Progress and Poverty by Henry George occupies an odd place in libertarian history – at once inspiring a generation towards anti-statism and yet also diverting many onto the land tax idea.

Never Ask The End, by Isabel Paterson, seems to be a literary/fictional autobiography. Please someone read it and report back.

An Inflation Primer, by Melchoir Palyi, is of course solid.

Keynes, the Man, by Murray Rothbard, is a rip-roaring mini-bio by the greatest writer in economics.

Illusions of Point Four
, by Henry Hazlitt, is a lost classic.

Honest Money
, by Gary North, demonstrates that the Hebrew scriptures condemned inflation.

Forgotten Lessons, by John T. Flynn, contains many otherwise inaccessible essays.


Matthew W. March 6, 2010 at 11:03 am

Rothbard’s “Keynes, The Man” has been on the Mises.org site for quite some time already. Does this new edition vary in any significant way?

AJ Witoslawski March 6, 2010 at 11:20 am

Jeff, the Mises Institute should post more of Gary North’s work on free market economics and the bible. Perhaps the Institute should even publish some of North’s works. His books could be used with great effect to lobby many Christians.

Jeffrey Tucker March 6, 2010 at 12:20 pm

That Keynes essay was in HTML and in a larger book but this is a single monograph for printing.

David March 6, 2010 at 4:24 pm

Of course, I had to immediately pull up Hazlitt’s short book (long essay?) and dive right in. His analysis and observations are amazing. I love it where he postulates that the economic aid given to the Shah of Iran could one day be used against us. Ha! How many statist drones ignored him during his day? How many would listen today?

Thanks for bringing this to a wider audience. Hazlitt rocks!

Jule Herbert March 6, 2010 at 7:42 pm

Rothbard’s Keynes the Man is missing the cited references at the end.

newson March 6, 2010 at 8:09 pm

thumbs up for “honest money” which is excellent, and a fitting companion to “the ethics of money production” by j.g. hülsmann. both view money through a christian prism.

newson March 7, 2010 at 1:05 am

it would be good to have available to readers (especially, but not exclusively, christians) “usury and interest” by bernard dempsey. i haven’t read it, but i believe it picks up where the spanish scholastics left off.


P.M.Lawrence March 7, 2010 at 1:59 am

Melchoir Palyi? Shouldn’t that be Melchior?

newson March 7, 2010 at 5:10 am

lay off the dyslexics.

Stephen MacLean March 7, 2010 at 4:25 pm

I very much enjoyed my re-reading of Rothbard’s Keynes, the Man, especially the recounting of Keynes’s idolised status among the young Cambridge economists.

Roderick T. Long March 7, 2010 at 7:04 pm

Paterson’s Never Ask the End is a lovely novel. I’ve blogged about it a few times: here, here, here, and here.

newson March 8, 2010 at 6:46 pm

rothbard’s piece actually forms part of skousen’s (ed.) “dissent on keynes”, already in the literature section.

Stephen MacLean March 11, 2010 at 2:08 am

While re-reading Rothbard’s Keynes, the Man at the week-end, I was intrigued by Keynes’s animosity toward the bourgeois habit of thrift and noted this quotation from the Cambridge economist:

It is the paramount duty of governments and of politicians to secure the wellbeing of the community under the case in the present, and not to run risks overmuch for the future.

The standard Austrian critique against Keynesian short-termism that undervalues the long-term, as Rothbard never tired in emphasising, points to the link between savings and investment and of natural time-preference in the business cycle as a bulwark against malinvestment.I was amused to see this same reasoning employed within theology, when James V. Schall, writing on the devil, refers to this slim volume, The Prince of This World:

Raïssa Maritain says of Lucifer, in words on which we can well meditate: “Himself seduced by the fullness of his native gifts, he is the first of those who, until the end of time, will choose the finite present rather than the infinite to come. He preferred, and still prefers, hell to the alms of grace. Author of despair! Prince forever of illusory independence!”’

No doubt many affected by this current downturn in the economy can speak to the hellishness of Keynesianism in practice.

For more on Schall and capitalist economics, this is an excellent starting place.

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