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Economics/Political Economy Books |
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By: John Law (1671-1729) | |
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Money and Trade Considered
Money and Trade Considered, With a Proposal for Supplying the Nation with Money was so much more than a mere proposal for a note-issuing bank. It was a staggeringly original work of genius which not only included proposals for new systems of banking, and the issuing of paper money as a means to stimulate the economy, but also revealed, for the first time, several of the most significant economic concepts ever devised; concepts which would later be espoused by economists such as Adam Smith and John Maynard Keynes without acknowledgement... | |
By: John Maynard Keynes (1883-1946) | |
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Economic Consequences of the Peace
The Economic Consequences of the Peace (1919) was a best seller throughout the world, published by John Maynard Keynes. Keynes attended the Versailles Conference as a delegate of the British Treasury and argued for a much more generous peace with Germany. The book was critical in establishing a general worldwide opinion that the Versailles Treaty was a brutal and unfair peace towards Germany. It helped to consolidate American public opinion against the treaty and involvement in the League of Nations... | |
By: John R. Lynch (1847-1939) | |
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The Facts of Reconstruction
After the American Civil War, John R. Lynch, who had been a slave in Mississippi, began his political career in 1869 by first becoming Justice of the Peace, and then Mississippi State Representative. He was only 26 when he was elected to the US Congress in 1873. There, he continued to be an activist, introducing many bills and arguing on their behalf. Perhaps his greatest effort was in the long debate supporting the Civil Rights Act of 1875 to ban discrimination in public accommodations.In 1884 Lynch was the first African American nominated after a moving speech by Theodore Roosevelt to the position of Temporary Chairman of the Republican National Convention in Chicago, Illinois... | |
By: John Ruskin (1819-1900) | |
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Unto this Last: Four Essays on the First Principles of Political Economy
John Ruskin (1819 – 1900) is best known for his work as an art critic and social critic, but is remembered as an author, poet and artist as well. Unto This Last is an important work of political economic though that influenced Gandhi, among others. (Hugh McGuire/Wikipedia) | |
By: Justus Ebert (1869-1946) | |
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Trial of a New Society
In 1912 textile workers in Lawrence, Massachusetts, mostly immigrants, went on strike in response to a pay cut, speedups, and unsafe working conditions. Representatives from the Industrial Workers of the World came in to help organize the strike. The city declared martial law and a tense standoff went on for weeks. National newspapers provided breathless coverage of the strike and painted drastically different pictures of what was happening and who was to blame. When a woman was shot in ambiguous circumstances, strike leaders were tried for murder--not for shooting her, but for purportedly inciting mob violence leading to her death... | |
By: Karl Marx (1818-1883) | |
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Wage-Labour and Capital
Orignally written as a series of newspaper articles in 1847, Wage-Labour and Capital was intended to give a short overview, for popular consumption, of Marx’s central threories regarding the economic relationships between workers and capitalists. These theories outlined include the Marxian form of the Labour Theory of Value, which distinguishes “labour” from “labour-power”, and the Theory of Concentration of Capital, which states that capitalism tends towards the creation of monopolies and the disenfranchisement of the middle and working classes... | |
Poverty of Philosophy
This work is a scathing criticism of the economic and philosophical arguments of Pierre-Joseph Proudhon's The Philosophy of Poverty. | |
Contribution to the Critique of Political Economy
As a precursor to Capital, Marx outlines his analysis of capitalism and critiques classical economic theories. - Summary by Tray | |
By: Leo Tolstoy | |
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The Slavery of Our Times
This little book shows, in a short, clear, and systematic manner, how the principle of Non-Resistance, about which Tolstoy has written so much, is related to economic and political life. | |
What Shall We Do?
A vivid description of wealth and poverty in Russia in Tolstoy's day, an inquiry into the root causes of economic inequality, and a vision of a more just way of living.Tolstoy recounts his own disturbing encounters with extreme poverty in Moscow, his initial idea of making the problem disappear by generous financial contributions, and his subsequent realization that the problem of poverty was much more intractable than he had imagined. He concludes that poverty is fundamentally linked with the luxurious lifestyle to which he and his class were accustomed, and that both are detrimental both to the rich and to the poor... | |
By: Louis D. Brandeis (1856-1941) | |
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Other People's Money
Other People's Money and How the Bankers Use It is a collection of essays written by Louis Brandeis published as a book in 1914. The book attacked the use of investment funds to promote the consolidation of various industries under the control of a small number of corporations, which Brandeis alleged were working in concert to prevent competition. Brandeis harshly criticized investment bankers who controlled large amounts of money deposited in their banks by middle-class people. The heads of these... | |
By: Lysander Spooner | |
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Vices Are Not Crimes
Lysander Spooner was an American individualist anarchist, entrepreneur, political philosopher, abolitionist, supporter of the labour movement, and legal theorist of the nineteenth century. Here he gives his views on the role of Governments in the private lives of their citizens | |
By: Margaret Sanger (1879-1966) | |
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Woman and the New Race
Margaret Sanger was an American sex educator and nurse who became one of the leading birth control activists of her time, having at one point, even served jail time for importing birth control pills, then illegal, into the United States. Woman and the New Race is her treatise on how the control of population size would not only free women from the bondage of forced motherhood, but would elevate all of society. The original fight for birth control was closely tied to the labor movement as well as the Eugenics movement, and her book provides fascinating insight to a mostly-forgotten turbulent battle recently fought in American history. | |
By: Mrs. Isabella Beeton (1836-1865) | |
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The Book of Household Management
“Mrs. Beeton’s” is a guide to all aspects of running a household in Victorian Britain. Published in 1861, it was an immediate bestseller, running to millions of copies within just a few years. In the cookery sections, Mrs. Beeton follows the animal “from his birth to his appearance on the table.” Learn how to care for poultry during moulting season, how to wean calves, how to cure hams, salt cod, carve mutton, and much more. | |
By: Oscar Wilde (1854-1900) | |
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The Soul of Man
“(T)he past is what man should not have been. The present is what man ought not to be. The future is what artists are.”Published originally as “The Soul of Man Under Socialism,” this is not so much a work of sober political analysis; rather it can be summed up as a rhapsodic manifesto on behalf of the Individual. Socialism having deployed technology to liberate the whole of humanity from soul-destroying labour, the State obligingly withers away to allow the free development of a joyful, anarchic hedonism... | |
By: P.T. Barnum | |
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The Art of Money Getting
Phineas Taylor Barnum (July 5, 1810 – April 7, 1891) was an American showman, businessman, and entertainer, remembered for promoting celebrated hoaxes and for founding the circus that became the Ringling Bros. and Barnum & Bailey Circus.(br />His successes may have made him the first "show business" millionaire. Although Barnum was also an author, publisher, philanthropist, and for some time a politician, he said of himself, "I am a showman by profession...and all the gilding shall make nothing else of me," and his personal aims were "to put money in his own coffers". (Reference: Wikipedia.org) | |
By: Plato (424-348 BC) | |
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Laws
Νόμοι (Laws) is Plato's final dialogue written after his attempt to advise the tyrant Dionysius II of Syracuse. The dialogue takes place between: an Athenian Stranger (Socrates? A god in human form?); the quiet Lacedaemonian Megillus; and the Cretan Cleinias. The Stranger asks whether humans live to be more effective at waging war or if there is something more important a legislator should seek to achieve. During their pilgrimage Cleinias discloses his role in the establishment of a new colony... | |
By: Presidential Task Force on Market Mechanisms | |
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Report of the Presidential Task Force on Market Mechanisms (The Brady Report)
From the close of trading on Tuesday, October 13, 1987, to the close of trading on October 19, 1987, the Dow Jones Industrial Average fell 769 points or 31 percent. On October 19, 1987, alone, the Dow fell by 508 points or 22.6 percent. Since the early 1920's, only the drop of 12.8 percent in the Dow on October 28, 1929 and the fall of 11.7 percent the following day, which together constituted the Crash of 1929, approached the October 19 decline in magnitude. The events of October demonstrated an unusual frailty in the markets... | |
By: Roger Babson (1875-1967) | |
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Fundamentals of Prosperity
What these principles are and whence they come to us. "The fact is, we have become crazy over material things. We are looking only at the structure above ground. We are trying to get more smoke from the chimney. We are looking at space instead of service, at profits instead of volume. With our eyes focused on the structure above ground, we have lost sight of those human resources, thrift, imagination, integrity, vision and faith which make the structure possible. I feel that only by the business men can this foundation be strengthened before the inevitable fall comes."( from the preface ) | |
By: Russell Herman Conwell (1843-1925) | |
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Acres of Diamonds
Text of famous inspirational lecture and biography of Russell Conwell, a Baptist minister and Temple University Founder | |
By: Samuel Merwin | |
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Calumet "K"
"A novel, with several elements of rather unusual interest. As a tale, it is swift, simple, and absorbing, and one does not willingly put it down until it is finished. It has to do with grain-elevator business, with railways, strikes, and commercial and financial matters generally, woven skilfully into a human story of love." --The Commercial Advertiser "'Calumet "K"' is a novel that is exciting and absorbing, but not the least bit sensational. It is the story of a rush.... The book is an unusually good story; one that shows the inner workings of the labor union, and portrays men who are the bone and sinew of the earth... | |
By: Samuel Merwin and Henry Kitchell Webster (1874-1936 and 1875-1932) | |
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The Short Line War
"The Short Line War is a story that will appeal more particularly to the sterner sex, and we take it that the hyphenated name, Merwin-Webster, stands for two healthy-minded young men who have put their heads together and who have mapped out this story of a railroad war, in which politics form a considerable part. Jim Weeks is the central figure in the fight, and we like him so much better for knowing of the romance in his early life. He was a man 'without much instinct or imagination; he took everything seriously and literally, he could not understand a whim'--therefore a very foolish little woman came into his life only to leave it desolate... | |
By: Samuel Smiles (1812-1904) | |
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Thrift
"This book is intended as a sequel to Self-Help and Character. It might, indeed, have appeared as an introduction to these volumes; for Thrift is the basis of Self-Help, and the foundation of much that is excellent in Character. The object of this book is to induce people to employ their means for worthy purposes, and not to waste them upon selfish indulgences. Many enemies have to be encountered in accomplishing this object. There are idleness, thoughtlessness, vanity, vice, intemperance. . . ." Some of the advice is obsolete, such as discussion about military savings banks and penny banks, but the general principles still apply even today. - Summary from the Preface & TriciaG | |
By: Sarah Orne Jewett (1849-1909) | |
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The Gray Mills of Farley
As contemporary today as it was over a century ago, this relatively unsentimental tale of labor relations still packs a punch. | |
By: Smedley Butler (1881-1940) | |
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War Is a Racket
Marine Maj. Gen. Smedley Butler's expose of American Corporate Imperialism. Butler said, “I served in all commissioned ranks from second lieutenant to Major General. And during that period I spent most of my time being a high-class muscle man for Big Business, for Wall Street, and for the bankers. In short, I was a racketeer for capitalism. I suspected I was just part of the racket all the time. Now I am sure of it.” - Summary by John Greenman and https://www.americanswhotellthetruth.org/portraits/major-general-smedley-butler | |
By: Stephen Leacock (1869-1944) | |
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The Unsolved Riddle of Social Justice
This lengthy political essay by noted Canadian humourist Stephen Leacock was written while he was professor of political economy at McGill University. He argues for a middle ground between individualism/capitalism and pure socialism. Listeners in the early 21st century may find this 90-year old essay oddly topical. | |
By: Stuart Chase (1888-1985) | |
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Challenge of Waste
"The Challenge of Waste" examines the wasteful nature of the competitive market system, particularly from a Veblenian point of view. He also praises World War I era planning by the Fuel Administration and other government wartime agencies. | |
By: Theodor Herzl (1860-1904) | |
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A Jewish State
Read in English, this is a pivotal document in the history of Zionism and the State of Israel. Herzl designed this work to elevate the discussion of "the Jewish Question" so it would "no longer take the form of violent abuse or sentimental vindication but of a debate, practical, large, earnest, and political." While few of Herzl's proposals were actually carried out, the importance of A JEWISH STATE was in the groundswell of support for a Jewish homeland engendered by its solutions to the practical problems of establishing a new state... | |
By: Theodore Roosevelt (1858-1919) | |
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Square Deal
Theodore Roosevelt became the 26th president of the United States when president William McKinley was assassinated in 1901. As the youngest president, Roosevelt advanced the progressive Republican program known as the “Square Deal” focused on conservation of natural resources, control of corporations, and consumer protection. Expanding on this theme, “The matter contained is this book has been carefully prepared from the many addresses by the President, the aim being to bring under each specific head the ideas expressed on many occasions, by Horace Markle.” Topics range from The Farmer to World Peace, and The Essence of Christian Character. - Summary by Larry Wilson | |
By: Thomas R. Malthus (1766-1834) | |
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An Essay on the Principle of Population
The power of population is indefinitely greater than the power in the earth to produce subsistence for man. Population, when unchecked, increases in a geometrical ratio. Subsistence increases only in an arithmetical ratio. A slight acquaintance with numbers will show the immensity of the first power in comparison with the second (Malthus). | |
By: Thorstein Veblen (1857-1929) | |
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The Theory of the Leisure Class
Originally published by the Norwegian-American economist Thorstein Veblen while he was a professor at the University of Chicago in 1898, the Theory of the Leisure Class is considered one of the great works of economics as well as the first detailed critique of consumerism. In the book, Veblen argues that economic life is driven not by notions of utility, but by social vestiges from pre-historic times. [Summary modified from Wikipedia.] | |
By: Timothy S. Arthur (1809-1885) | |
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Trials and Confessions of a Housekeeper
Is housekeeping such a trial? Mrs. Smith thinks so and confesses all in this merry account of her escapades and near disasters! | |