Ideas are powerful because they influence the world around us. Reading the original text that shapes the ideology of Bitcoin developers, influencers, and leaders is a great way to start understanding Bitcoin. The philosophical origins of Bitcoin and its strong community can be linked to the ideas found in modern libertarianism. I’m sharing a list of resources that have helped me understand economics and libertarian philosophy and I hope it is useful to you. The motivation of this blog post comes from this blog post on Austrian School economics written by Saifedean Ammous. He’s the author of Bitcoin Standard which is a must-have book.
Henry Hazlitt’s Economics in One Lesson
Economics in One Lesson is the most digestible book on this list with insight on every page. Hazlitt was able to compress an undergraduate degree in economics to this single book.
Frederic Bastiat’s The Law
Frederic Bastiat’s Economic Sophisms
Bastiat was an economist in 19th century France. He wrote about opportunity cost, the problem with protectionism, and how the state condones legal plunder.
Milton Friedman’s Capitalism and Freedom
Milton Friedman’s Free to Choose
Milton Friedman’s Money Mischief
If you cannot find the time to read Milton Friedman’s books, do find the time to watch this incredible PBS series from the 1980.
FA Hayek’s The Constitution of Liberty
FA Hayek’s Road to Serfdom
Ludwig von Mises’ Human Action
One of the definitive texts for the Austrian School of Economics.
James Buchanan’s Politics as Public Choice
Public Choice theory is underrated and helps explain why public institutions behave they way they do.
Murray Rothbard’s Ethics of Liberty
Robert Nozick’s Anarchy, State, and Utopia
Bleeding Heart Libertarians