Living Economics: Yesterday, Today, and Tomorrow
The passion of the teacher is often the inspiration for a student. This lively book illuminates how economics affects all walks of life, whether in the marketplace, voting booth, church, family, or any human activity. Boettke believes that economics is not merely a game to be played by clever professionals, but a discipline that touches on the most pressing practical issues at any historical juncture. The wealth and poverty of nations are at stake; the length and quality of life turns on the economic conditions individuals find themselves living with.
So teaching and learning economics are high stakes ventures. Along the way he introduces us to major thinkers: from Smith, Say, and Bastiat of the Classical School, to Neoclassical and Austrian scholars (Menger, Mises, Hayek, Kirzner, and Rothbard) on to New Institutional economists (Alchian, Coase, Demsetz, North, Ostrom and Williamson) and Public Choice theorists (Buchanan, Tullock, and others). This engaging and reasoned book is a must-read for economists, students, and everyone else who wishes to better understand economics.
Find the book at the Independent Institute.
Read a detailed summary of the book at the Independent Institute.
Read the review by Jeffrey Tucker at Laissez Faire Books.
Read an article by the Cobden Centre on Prof. Boettke and Living Economics at cobdencentre.org.