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How is it that so many major, government-sponsored projects can lose so much money? This book answers this question. Offering an account of the history of six major government project failures, it shows that failure results from mismanagement, lack of clear lines of responsibility and lack of accountability.

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This book combines a history of employment laws with analysis of the troublesome effects of various interventions. The author argues for a fundamental rethink. Some basic labour market regulation may still be necessary, but less than we currently have.

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The authors challenge the assumption that we can bring about economic development and promote liberal democracies through direct foreign intervention - whether economic or military intervention. The lead author, William Easterly, drawing on his wide experience at the World Bank and as an academic, is a renowned sceptic of intervention.

Choice, Contract, Consent, in restating liberalism, finds its rock-bottom foundations in six first principles that are either self-evident, or readily acceptable to bona fide reason. These simple, relatively undemanding principles dictate the outline of a stable political doctrine. The doctrine is strict, in that it confines the state to mandatory tasks, instead of allowing it discretionary latitude within rules. This is a loose constraint bec...

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Kevin Dowd argues that states must allow a level playing field as far as private money is concerned. For too long the government has stifled competition between state-backed and private currencies. Instead, central banks should welcome competition as it forces them to offer consumers greater choice and improved quality. A weakened ability to store value, growing restrictions on finance, oppressive taxes and a lack of financial privacy have res...

This book outlines the principles that define a free society. It provides an introduction to the institutions and policies necessary to preserve and enhance individual freedom including: small government, the rule of law, strong private property rights and free trade - enabling entrepreneurship to thrive.

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Ludwig von Mises was one of the greatest economists and political scientists of the 20th century. He revolutionised the understanding of money, inflation and recessions, refuted the arguments for socialism, and, provided a devastating critique of the methodologies of mainstream economics. This book provides an overview of Mises' achievements.

In the context of both political economy and Catholic Social Teaching, this book examines the extent to which the teaching can be used to justify the free market, or alternative forms of political and economic organisation, in areas such as taxation, welfare, foreign aid, labour markets and business.

Politicians and lobbyists who promote new regulations and taxes typically claim to have science on their side. Scientific evidence shows that the actions they wish to discourage are harmful and that government intervention would reduce this harm. Yet much 'evidence-based policy' is grounded on poor scientific reasoning and even worse economics

Frederic Bastiat, who was born two hundred years ago, was a leader of the French laissez-faire tradition in the first half of the nineteenth century. He was influenced by Cobden's Anti-Corn Law League and became a convinced free trader. Joseph Schumpeter described Bastiat as 'the most brilliant economic journalist who ever lived'. In The Law, written in 1850, the year of his death, Bastiat recognises the central importance of the law and moral...

Governments throughout the Western world are spending at levels that could not have been imagined by pre-war economists even by people such as Keynes. High levels of government spending have had a significant effect on economic growth and on economic freedom. In his 2013 Hayek lecture, Grover Norquist, founder and president of Americans for Tax Reform, explains how the tide can be turned. He discusses both the political and economic mechanisms...