Influential books for a novice economic theorist

Discover the most influential books for novice economic theorists. This curated list features essential reads to build a strong foundation in economic theory, from classics to modern must-reads.

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The Road to Serfdom Cover
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The Road to Serfdom

by Friedrich August Hayek

Examines the relationship between individual liberty and government authority, and argues that granting government control of the economy leads to disaster
Capitalism and Freedom Cover
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Capitalism and Freedom

by Milton Friedman

In the process, he outlines the role that government should play in a society dedicated to freedom and relying primarily on the market to organize …
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Capitalism, Socialism, and Democracy Cover
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Capitalism, Socialism, and Democracy

by Joseph A. Schumpeter

Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weekly predicted …
The General Theory of Employment, Interest, and Money Cover
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The General Theory of Employment, Interest, and Money

by John Maynard Keynes

Originally published: New York: Harcourt, Brace & World, 1936.
The Communist Manifesto Cover
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The Communist Manifesto

by Karl Marx

A rousing call to arms whose influence is still felt today Originally published on the eve of the 1848 European revolutions, The Communist Manifesto is …
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