Books

This Machine Sustains the Good Life

It first appeared in 1943 as the book that went against everything that the politics of the time were telling people to believe. We had been through more than a decade of the planning state, with government robbing people in order to help them. This was the period of history that prepared the way for the predatory politics that define daily life today. The experience of the New Deal prepared the way for wartime planning in ways that people today do not understand. But Paterson did.
 

Five Free-Market Themes in Don Quijote

Economists from the Austrian School have long argued that the free-market mindset traces its origins back to the early modern period, especially the ideas of the neo-scholastic thinkers of 16th and 17th century Spain, known as the School of Salamanca. Miguel de Cervantes was familiar with the School, and incorporated five core free-market ideas into his book, the world's first modern novel: Don Quijote.