General Treatises on Economics

About this Collection

These treatments of economics present the basic assumptions about economic life and human behaviour on which economics is based; the main principles of the discipline; how the different branches of economics are related; and the author’s own perspective on the discipline.

Key People

Titles & Essays

A – Z List

Commerce

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Economic Theory. Demography

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Philosophy, Psychology, And Religion

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Social Sciences

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Socialism. Communism. Anarchism

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Quotes

Socialism & Interventionism

Bastiat criticizes the socialists of wanting to be the “Great Mechanic” who would run the “social machine” in which ordinary people were merely so many lifeless cogs and wheels (1848)

Frédéric Bastiat

Taxation

David Ricardo considered taxation to be a “great evil” which hindered the accumulation of productive capital and reduced consumption (1817)

David Ricardo

Economics

David Ricardo on Taxation

David Ricardo

Economics

Destutt de Tracy on society as “nothing but a succession of exchanges” (1817)

Antoine Louis Claude, Comte Destutt de Tracy

Economics

Jean-Baptiste Say argues that there is a world of difference between private consumption and public consumption; an increase in the latter does nothing to increase public wealth (1803)

Jean-Baptiste Say

Free Trade

Jean-Baptiste Say regards regulations which favor producers as a form of political privilege at the expence of the community (1803)

Jean-Baptiste Say

Socialism & Interventionism

Ludwig von Mises argues that monopolies are the direct result of government intervention and not the product of any inherent tendency within the capitalist system (1949)

Ludwig von Mises

Economics

Ludwig von Mises argues that the division of labor and human cooperation are the two sides of the same coin and are not antagonistic to each other (1949)

Ludwig von Mises

War & Peace

Ludwig von Mises laments the passing of the Age of Limited Warfare and the coming of Mass Destruction in the Age of Statism and Conquest (1949)

Ludwig von Mises

Money & Banking

Ludwig von Mises lays out five fundamental truths of monetary expansion (1949)

Ludwig von Mises

Property Rights

McCulloch argues that the right to property extends to “the faculties of (one’s) mind and the powers of (one’s) body” (1864)

John Ramsay McCulloch

Free Trade

Mises on how the “boon” of a tariff privilege is soon dissipated (1949)

Ludwig von Mises

Free Trade

Mises on how the “boon” of a tariff privilege is soon dissipated (1949)

Ludwig von Mises

Economics

Mises on the interconnection between economic and political freedom (1949)

Ludwig von Mises

Socialism & Interventionism

Nassau Senior objected to any government regulation of factories which meant that a horde of inspectors would interfere with the organization of production (1837)

Nassau William Senior

Economics

Paul Heyne on THE economic way of thinking (1995)

Paul Heyne

Economics

Philip Wicksteed on how impersonal economic relations help others (1910)

Philip H. Wicksteed

Economics

Philip Wicksteed on “non-tuism” in economic relations (1910)

Philip H. Wicksteed

Economics

Philip Wicksteed’s positive vision of the “cash nexus” (1910)

Philip H. Wicksteed

Economics

Wicksteed on the subjective theory of value and on opportunity costs (1910)

Philip H. Wicksteed