Title page from Political Economy, Concisely

Political Economy, Concisely

A collection of Jasay’s articles written for Liberty Fund’s website, the Library of Economics and Liberty (Econlib), between 2003 and 2007. They have been organized into the following categories: Property Rights, the common sense of non-economics, France and Russia, capitalism, unemployment, the future of Europe, and economics true and false.

Key Quotes

Law

Here we reach the nub of the problem of why people in some societies behave mostly well, while in others they so often misbehave. Law even at its best controls only a small part of human behavior. At its worst, it aspires to control a great part, but largely fails. Vastly more important than the…