Synopsis
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 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 crucial value of individual choice, entrepreneurship, and free markets.
About the Author
Robert P. Murphy is a Research Fellow at the Independent Institute. He received his Ph.D. in economics from New York University, and he was formerly Research Assistant Professor at the Free Market Institute at Tech Tech University, 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.
Donald J. Boudreaux is a Research Fellow at the Independent Institute, Associate Editor of The Independent Review, and Professor of Economics. He has been President of the Foundation for Economic Education, Olin Visiting Fellow in Law and Economics at the Cornell Law School, and Associate Professor of Legal Studies and Economics at Clemson University. Professor Boudreaux received his Ph.D. in economics is from Auburn University and his law degree from the University of Virginia.
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