With the current round of leftist protests in the US, especially targeting Wall Street and the wealthy, I find it a continued source of fascination that there seems to be such a widespread lack of knowledge about basic economics. These protestors in the US appear to not even know what they are protesting about in particular, and seem to be clueless about how the economy functions in general.
Thus I have compiled this very brief bibliography on economic issues, which looks at the free market, socialism, wealth creation, the welfare state, poverty and so on. It contains a tiny fraction of the helpful volumes available on this topic. Indeed, back in 1990 I wrote an annotated bibliography which contained 200 titles on economics alone.
Please bear in mind that this is not an article articulating the case for free-market economics, so I am not interested in a mega-debate about that here. Future articles will seek to make that case, so avid socialists and capitalism-haters are advised to wait till then before they vent their spleen!
But for those who want to read some useful works explaining a number of economic realities, these volumes may well be of use. I divide my list into three broad areas. The first features more-or-less secular works which defend free-market economics.
The second section features general works on economics by Christians, while the third section offers Christian authors who specifically support – for the most part – the free market. So happy reading.
Non-Christian pro free market titles
Bauer, P.T., Equality, the Third World, and Economic Delusion. Harvard University Press, 1981.
Berger, Peter, The Capitalist Revolution. Basic Books, 1986.
Bhagwati, Jagdish, In Defense of Globalization. Oxford University Press, 2004.
Brookes, Warren, The Economy in Mind. Universe Books, 1982.
Brooks, Arthur, The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America’s Future. Basic Books, 2010.
Crozier, Brian and Arthur Seldon, Socialism: The Grand Delusion. Universe Books, 1986.
De Soto, Hernando, The Mystery of Capital. Basic Books, 2000.
De Soto, Hernando, The Other Path. Harper and Row, 1989.
Friedman, Milton, Capitalism and Freedom. University of Chicago Press, 1962.
Friedman, Milton and Rose Friedman, Free To Choose. Harcourt Brace Jovanovich, 1980.
Gilder, George, Wealth and Poverty. Basic Books, 1981.
Hayek, Friedrich, The Road To Serfdom. University of Chicago Press, 1944.
Kristol, Irving, Two Cheers For Capitalism. New American Library, 1978.
Lott, John, Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don’t. Regnery, 2007.
Mises, Ludwig von, Human Action. Yale University Press, 1949.
Murphy, Robert, The Politically Incorrect Guide to Capitalism. Regnery, 2007.
Murray, Charles, Losing Ground: American Social Policy 1950-1980. Basic Books, 1984.
Sowell, Thomas, Applied Economics, 2nd ed. Basic Books, 2008.
Sowell, Thomas, Basic Economics, 4th ed. Basic Books, 2011.
Sowell, Thomas, Economic Facts and Fallacies, 2nd ed. Basic Books, 2011.
Sowell, Thomas, Knowledge and Decisions. Basic Books, 1980.
Sowell, Thomas, Markets and Minorities. Basic Books, 1981.
Sowell, Thomas, Race and Economics. David McKay, 1975.
Stiglitz, Joseph, Globalization and its Discontents. W.W. Norton, 2003.
Voegeli, William, Never Enough: America’s Limitless Welfare State. Encounter Books, 2010.
Wolf, Martin, Why Globalization Works. Yale University Press, 2004.
Christian titles on general economic issues
Baker, David, Tight Fists or Open Hands? Wealth and Poverty in Old Testament Law. Eerdmans, 2009.
Blomberg, Craig, Neither Poverty Nor Riches. Apollos, 1999.
Claar, Victor and Robin Klay, Economics in Christian Perspective. InterVarsity Press, 2007.
Clouse, Robert G., ed., Wealth and Poverty: Four Christian Views on Economics. InterVarsity Press, 1984.
Gushee, David, ed., Toward a Just and Caring Society: Christian Responses to Poverty in America. Baker, 1999.
Holman, Susan, ed., Wealth and Poverty in Early Church and Society. Baker, 2008.
Schneider, John, Godly Materialism. IVP, 1994.
Stackhouse, Max, et. al. eds., On Moral Business: Classical and Contemporary Resources for Ethics in Economic Life. Eerdmans, 1995.
Wheeler, Sondra, Wealth as Peril and Obligation: The New Testament on Possessions. Eerdmans, 1995.
Witherington, Ben, Jesus and Money. Brazos Press, 2010.
Christian pro free market titles
Beisner, E. Calvin, Prosperity and Poverty: The Compassionate Use of Resources in a World of Scarcity. Crossway Books, 1988.
Chilton, David, Productive Christians in an Age of Guilt Manipulators. Institute for Christian Economics, 1981, 1985.
Davis, John Jefferson, Your Wealth in God’s World: Does the Bible Support the Free Market? Presbyterian and Reformed, 1984.
Griffiths, Brian, The Creation of Wealth: A Christian’s Case for Capitalism. InterVarsity Press, 1984.
Griffiths, Brian, Morality and the Marketplace. Hodder and Stoughton, 1982.
Grudem, Wayne, Business for the Glory of God. Crossway, 2003.
Hore-Lacy, Ian, Creating Common Wealth. Albatross Books, 1985.
Lindsell, Harold, Free Enterprise: A Judeo-Christian Defense. Tyndale House, 1982.
Nash, Ronald, Poverty and Wealth: The Christian Debate Over Capitalism. Crossway Books, 1986.
Nash, Ronald, Social Justice and the Christian Church. Mott Media, 1983.
Novak, Michael, The Spirit of Democratic Capitalism. Simon & Schuster, 1982.
Novak, Michael, The Universal Hunger for Liberty. Basic Books, 2004.
Richards, Jay, Money, Greed, and God. HarperOne, 2010.
Schaeffer, Franky, ed., Is Capitalism Christian? Crossway Books, 1985.