Tuesday, April 07, 2009

10 Pillars of Economic Freedom

The global financial tsunami continues to pummel the superstructure of economic freedom. But as long as its infrastructure remains firm, economic freedom should be able to weather the storm.

Here are my personal picks for 10 pillars of economic freedom in the realm of ideas:
  1. The Wealth of Nations (1776) by Adam Smith
    • Full title: An Inquiry into the Nature and Causes of the Wealth of Nations
  2. The End of Economic Man (1939) by Peter F. Drucker
    • Drucker's first book, begun in 1933 a few weeks after Hitler came to power and published in 1939.
    • Winston Churchill's review of The End of Economic Man published in The Times Literary Supplement on 27 May 1939
  3. The Road to Serfdom (1944) by F. A. Hayek
  4. Economics in One Lesson (1946) by Henry Hazlitt
  5. Human Action (1949) by Ludwig von Mises
  6. Capitalism and Freedom (1962) by Milton Friedman
  7. Capitalism: The Unknown Ideal (1966) by Ayn Rand and others
  8. Equality, the Third World, and Economic Delusion (1981) by Peter Bauer
  9. Basic Economics (2007, 3rd ed.) by Thomas Sowell
  10. The Economist (1843-Present)
Honourable mention:
See also: 10 Demolition Balls of Economic Destruction

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