Economic Classics (Bastiat, von Mises & Ropke rule this Joint Economic Committee webpage)

Joint Economic Committe ^ | Joint Economic Committe (Senate-House)

[Stultis]

ECONOMIC CLASSICS

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Economic Sophisms by Frederic Bastiat (Economic Classics No. 3 -- July 1995)

    This economic classic is intended to inform Members and staff about the early economic wisdom of Frederic Bastiat. Bastiat was widely known for his wit and logic. His chief method of argument was the method of exaggeration. This piece focuses on increasing economic prosperity by decreasing the government's involvement.

Planned Chaos by Ludwig von Mises (Economic Classics No. 2 -- January 31, 1995)

    It is remarkable that in the face of all available evidence, many Americans, especially "opinion makers," remain wedded to the "interventionist" school of economic thought. It is even more remarkable that in 1947, about fifty years ago, the great free-market thinker Ludwig von Mises could have refuted the flawed basis of this ideology in clear, cogent, and concise argument. Read this today and wonder where the world was then. Top of Page

A Humane Economy by Wilhelm Ropke (Economic Classics No. 1 -- July 1994)

    Excerpted from the 1957 classic, this piece highlights what is becoming clear for all to see in 1995--that the welfare state fosters dependency and drains public resources, creating powerful incentives for central governments to debase their currency in order to prop up unsustainable welfare states. Reading this piece puts today's policy debates into perspective while creating respect for the author's perceptive foresight.

[Stultis]

This is not a new page, just a little beauty I stumbled across and thought FReepers would enjoy. Bastiat, von Mises and Ropke; respectively debunking protectionism, big-government economic centralization, and the welfare state. Great to link on your own webpage or email to your friends. Use it to educate a liberal today!

BTW, Kennedy and Sarbanes (among other arch socialists) are on this committe. LOL! Bet they didn't have anything to do with this page. In general, glancing at the reports and documents throughout the site, conservative ideas seem much better represented than leftist ones (proving yet again that it is predominantly conservatives who have ideas).

[Stultis]

Can I talk you into contributing your economics ping list to this thread?

[rohry]

I would, except that I didn't bring it with me from SC. Ping Lazamataz, I sent him the list for the nightly Market Wrap-Up...