Popular Culture

Politics is downstream from culture, as Andrew Breitbart used to say. Think what you want of the outfit that now bears his name, which has morphed greatly from what he had left behind before his death, but Andrew Breitbart was very astute in understanding that if you change the cultural narrative you can alter the political landscape as a consequence.

This phrase confirms another sentiment expressed by many libertarians over the years regarding the nature of a democratic government: politicians need to get re-elected. They will tend not to act upon something that is unpopular or if it is not accepted within their culture. Therefore an ideology must have already achieved critical mass in the hearts of the people before legislation can be passed to set it in stone. Continue reading “Popular Culture”

Administrative law

We like to think we live in a just society. We like to think the political system is a transparent one. For all their faults, we like to think that we elect legislators who enact laws strictly in line with their published party platform, predictably and benevolently. And due to the separation of powers, the executive only acts within the limits set by these laws.

Well, let me clue you into a little-known fact… that ain’t the way it works, buddy! Continue reading “Administrative law”

Economics

The economics category, as expected, is very well represented within Books of Liberty. If I’d had to guess, I might even say most of the people coming to this site have an above average understanding of this subject compared to their peers.

Of all the economics books, around half are explicitly Austrian Economics texts, and (with a significant overlap) around half discuss monetary theory. You may search specifically for economic treatises or books about economists; you will find historical or theoretical accounts of financial crises; you will stumble upon recent books on crypto-currencies (like bitcoin), books covering topics like income or wealth inequality, as well as more technical subjects like price theory, monopoly, division of labor, public choice theory and others. Additionally, critiques of Keynesian economics are to be found throughout the books in this category.

Of the Austrian Economics books, the largest portion discuss The Austrian Business Cycle and praxeology or human action, but you will find many covering, to one degree or another, topics like time preference, capital and interest, subjective value, and economic calculation, to name a few.

And for those interested in currency or money, whether sound money or fiat money, you will find books arguing the benefits of the gold standard, debates on inflation and deflation, banking, central banks and the Federal Reserve specifically.

As you will see, there are very detailed topic tags in this sections and I’ve tried capturing the details accurately, but if I’ve missed or misapplied a topic, please feel free to contact us with any corrections.

At the heart of the free market system of unregulated, voluntary trade stands capitalism and its emphasis on private property. Unsurprisingly, a large collection of books are available on this subject, many of which outline quite clearly the fundamentals and the outcomes of capitalism, especially in contrast to other economic systems like socialism. Additional related topics, such as free trade, decentralization, risk, uncertainty, and the market process can be found in such books.

These books are extremely important! Economics is one of the fundamental topics where so many people seriously lack an understanding. I’m sure you know someone who might benefit to be pointed in this direction. Don’t keep Books of Liberty to yourself. And as always, thank you for reading!