Lessons for the Young Economist
by Robert P. Murphy
Publisher: Ludwig von Mises Institute 2010
Number of pages: 412
This is easily the best introduction to economics for the young reader because it covers both pure economic theory and also how markets work (the domain of most introductory books). Robert Murphy has the right frame of mind and mastery of the subject matter to provide the best possible pedagogy.
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by F.W. Taussig - The MacMillan Company
The author states the principles of economics in such form that they shall be comprehensible to an educated and intelligent person who has not before made any systematic study of the subject. The book does not gloss over difficulties, though.
by Bettina Bien Greaves - Foundation for Economic Education
The book should help teachers of high school economics explain economic principles in the classroom. It contains many suggestions for explaining economics to younger students, as well as material to challenge older students and even adult readers.
by Frank A. Fetter - The Century Co.
Economics may be defined, briefly, as the study of men earning a living; or, more fully, as the study of the material world and of the activities and mutual relations of men, so far as all these are the objective conditions to gratifying desires.
by Carl Menger - Ludwig von Mises Institute
It is said that this book is the best introduction to economic logic ever written. Carl Menger elucidated the precise nature of economic value, and rooted economics firmly in the real-world actions of individual human beings.