Robert Nozick's Anarchy, State, and Utopia was released in 1974, shortly after (and partly in response to) his Harvard colleague John Rawls' 1971 A Theory of Justice. Anarchy, State, and Utopia included a theory of rights and a right-based account of liberalism in the c...

A Liberty Classics Book Review of Universal Economics, by Armen Alchian and William Allen.1 What do you do when economists stop believing in economics? The "dismal science" never merited its dreary epithet, but trends in economics education at the graduate an...

This book is about how the world's religions have gained such power, what they do with it, and how abuses of this power can be constrained. —Paul Seabright, The Divine Economy: How Religions Compete for Wealth, Power, and People,1 p. 6 Paul Seabright's T...

Thomas Stearns Eliot. Photo by Lady Ottoline Morrell, 1934. Although the most illustrious honors in economics, such as the Nobel Prize, are typically awarded to specialists in the field, many of the most penetrating economic insights do not come from economists. To l...