Choice: Cooperation, Enterprise, and Human Action

by Murphy, Robert P.; Boudreaux, Donald J.

• ISBN13: 9781598132182
• ISBN10: 1598132180
• Format: Paperback
• Copyright: 2015-06-01
• Publisher: Independent Institute

Summary

Unlike what usually passes for economics in many classrooms, government, the media and elsewhere, Choice is an engaging and intriguing book that provides something quite unique: a genuine treatise on economics that both instructs and entertains both economists and general readers. Drawing on the seminal volume by the “Austrian School” economist Ludwig von Mises, Human Action, and comparing classical and neoclassical approaches, Choice is a creative, comprehensive, and unusually lucid book on economic science and market processes. The book illuminates free economies as underpinning civilization, the folly of government central planning, the primacy of entrepreneurship and innovation, the nature of money and banking, the causes of the business cycle, the failures of government intervention, and more.

As a result, Choice teaches economic principles and exposes economic fallacies, and any reader will learn both the important truths about economics and the

Author Biography

Robert P. Murphy is Research Fellow at the Independent Institute. He received his Ph.D. in economics from New York University and was formerly Visiting Assistant Professor of Economics at Hillsdale College, Visiting Scholar at New York University, Research Analyst at Laffer Associates, Chief Economist for the Institute for Energy Research, and Senior Fellow in Business and Economic Studies at the Pacific Research Institute. His popular articles have appeared in the Los Angeles Times, Detroit New, Washington Times, Orange County Register, Atlanta Journal-Constitution, MarketWatch, Buffalo News, San Jose Mercury News, Barron’s, Forbes, and Investor’s Business Daily. In addition, he has appeared on CNBC, Fox Business Network, C-SPAN, and other TV and radio networks and programs. Donald J. Boudreaux is Research Fellow at the Independent Institute, Associate Editor of The Independent Review, and the Nelson Getchell Chair for the Study of Free Market Capitalism in the Mercatus Center at George Mason University. He has been President of the Foundation for Economic Education and Associate Professor of Legal Studies and Economics at Clemson University. His articles have appeared in the American Spectator, Investor’s Business Daily, Journal of Commerce, Wall Street Journal, and Washington Times, as well as in such scholarly journals such as the Antitrust Bulletin; Journal of Money, Credit, and Banking; Southern Economic Journal, and Supreme Court Economic Review.