Death and Taxes

Business & Money

Sennholz, Hans F.

Accounting

Libertarian Pr

Capital and Interest is von Boehm-Bawerk's magnum opus, one of the greatest achievements in the history of economic thought.In fact, it is a Magna Carta of the capitalistic production process. In an economic order based on production, income from capital investment provides the very basis of the system and a livelihood for a large middle-class, as well as capitalists and entrepreneurs. All observations about the nature and appraisals of the value of capitalism hinge upon the explanation of this capital income. Capital and Interest is divided into three parts: 
 The first volume, History and Critque of Interest Theories, is a diligent and persuasive analysis of virtually all capital income theories. It is a critical history of interest doctrines that defend or oppose capital income. 
 The second volume, Positive Theory of Capital, contains much more than the title seems to indicate. It presents a comprehensive theory of the entire production process. In particular, it elaborates on the principles that govern the allocation of incomes, that is, the amounts of interest, wage, and profit. von Boehm-Bawerk offers a persuasive solution to all questions of income and theories of distribution. 
 In Volume III, Further Essays on Capital and Interest, the publisher collected additional explanations and commentaries by the author. It comprises fourteen brilliant briefs explaining, elaborating, and defending the Positive Theory. It contains such great essays as "The Role of disutility in the Value Theory" "The Size of the Initial Fund That is Necessary for a Given Production Period." Capital and Interest is available in a three-volume set, or a three-in-one volume edition. In either form, it is a handsome, necessary addition to the complete Free Market library.

Capital and Interest (3 volume set): 1. History and Critique of Interest Theories; 2. Positive Theory of Capital; 3. Further Essays on Capital Interest

von Boehm-Bawerk, Eugen

Capital and Interest Volume 1 : History and Critique of Interest Theories

History

Eugen von Böhm-Bawerk

Americas

This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.

Anti Capitalistic Mentality

Literature & Fiction

VON MISES, LUDWIG

Batson. H. E.

Literary

At the close of the Second World War, Mises saw the destruction of the old world and the beginnings of a new one that did not look promising, especially for European politics. Socialism appeared to sweep all before it, and the social democratic variety in the West was not much of an improvement. Mises set out to explain and bitterly denounce the trends toward the total state, and demonstrate that Communism and Nazism were both species of interventionism. Though Hayek's book The Road to Serfdom was more widely promoted, and achieved a far greater fame, this Mises work, which appeared in the same year, offers a more consistent critique of industrial central planning, warfare, and the welfare state. There are no concessions to the prevailing social democratic consensus, and Mises is no less harsh on interventionism of the democratic form. The last chapter is a prescient critique of the idea of world government, including world trade agreements. ISBN 0910884153 291 pp. (pb)

Omnipotent Government: The Rise of the Total State and Total War

Economics

Money and Freedom

The modern age of economic intervention began under the pretense of helping workers. Professor Sennholz demolishes the entire edifice that gave rise to this movement. We were told that workers must be organized into unions. They must have job protection. They safety must be guaranteed by legislation. There must be a minimum wage. People under the age of 15 must never engage remunerative work, for that would be exploitation. And workers need retirement income. If unemployment rises, nothing short of full scale central planning is required! So on it goes, except for one inconvenient fact: the age of intervention accomplished precisely the opposite of its stated goals for workers. The unemployment of the 20th century was government created. And today, workers are taxed, regulated, and regimented to their own detriment. Here is the uncompromising case against the entire interventionist regime erected on behalf of workers. No one does a better job in showing how the state has harmed the very group that it claimed to be backing. The title suggests merely politics, but this book is filled with economic theory. It's one of the few books to give a full critique of unemployment insurance, for example, showing it as a destructive intervention that should be but is not questioned by the mainstream literature. Sennholz refutes dozens of theoretical fallacies and exposes the bad policies that flow from them. His focus on current trends like "mandated benefits" explains how they have so drastically increased labor costs. He also deals with the feminist arguments against the free market, and makes a strong case for the benefits of the underground economy. A principled and readable work that unfies theoretical rigor and a passion for liberty. ISBN 091088417X 356 pp. (hb)

The Politics of Unemployment

Debts and Deficits

Principles of Economics ushered in modern economics. Principles not only revolutionized value, price, and marginal utility theories, but it was also used as the primary textbook by several generations of Austrian students and scholars, including Ludwig von Mises and F. A. von Hayek. No economist's library is complete without a copy of this classic work. New printing in 1994!

Principles of Economics

Menger, Karl

Menger, Carl

Economics of the Free Society first appeared in Austria in 1937. Since then, nine German editions have been published, along with French, Swedish, Italian, Finnish, and English editions. The book's purpose is twofold: to provide a coherent description of the whole of the economic process, and to analyze current burning questions from an economic perspective. Written for the intelligent layman, as well as the student of economics, Economics of the Free Society is more than just an exercise in economic analysis, it is a masterpiece of economic wisdom and wit.

Economics of the Free Society

Roepke, Wilhelm

Röpke, Wilhelm

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