Econ 101: Recommended reading especially for candidates and elected leaders

Economic ignorance is to politicians what idle hands are to the devil. Both provide the workshop for the creation of evil. — Economist Walter Williams

Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics by Henry Hazlitt — click here for excerpts.

The Road to Serfdom by F.A. Hayek

Capitalism and Freedom by Milton Friedman

Economic Facts and Fallacies by Thomas Sowell

Basic Economics: A Citizen’s Guide to the Economy by Thomas Sowell

Common Sense Economics: What Everyone Should Know About Wealth and Prosperity by James Gwartney, Richard Stroup and Dwight Lee

The Market Economy: A Reader — by Dwight Lee & James Doti: Includes classics from Adam Smith, Fredric Bastiat and John Stuart Mill

Feedomnomics by John R. Lott