Ludwig von Mises is not the most well-known classical liberal political economist of the twentieth century. He has remained relatively obscure because both methodologically and ideologically his thinking went against the prevailing mood and on a personal level he was more difficult to approach than other thinkers of his time. However, among those in the know, he is considered to be the architect of Austrian economic thought, the most ardent defender of classical liberalism in the last century and history's strongest critic of socialism. This new collection of previously published writings has three main aims: to introduce the reader to von Mises and the core of his ideas; to provide a number of essays which project the Misesian spirit, contribute to Mises's system and suggest areas for future research based on his insight and thought; and to establish an interest in Mises's ideas among those not already familiar with them. This pathbreaking book seeks to be the definitive collection documenting the intellectual legacy of Ludwig von Mises in modern political economy. Its intended readership is scholars in the history of political economy and in particular those interested in the Austrian school of economics.

Media, Development, and Institutional Change investigates mass media's profound ability to affect institutional change and economic development. The authors use the tools of economics to illuminate the media's role in enabling and inhibiting political-economic reforms that promote development. The book explores how media can constrain government, how governments manipulate media to entrench their power, and how private and public media ownership affects a country's ability to prosper. The authors identify specific media-related policies governments of underdeveloped countries should adopt if they want to grow. They illustrate why media freedom is a critical ingredient in the recipe of economic development and why even the best-intentioned state involvement in media is more likely to slow prosperity than to enhance it. Scholars and students of economics, political science and sociology; policy-makers, analysts and others in the development community; and academics in media studies will find this book insightful and provocative.

In Anarchy Unbound, Peter T. Leeson uses rational choice theory to explore the benefits of self-governance. Relying on experience from the past and present, Professor Leeson provides evidence of anarchy 'working' where it is least expected to do so and explains how this is possible. Provocatively, Leeson argues that in some cases anarchy may even outperform government as a system of social organization, and demonstrates where this may occur. Anarchy Unbound challenges the conventional self-governance wisdom. It showcases the incredible ingenuity of private individuals to secure social cooperation without government and how their surprising means of doing so can be superior to reliance on the state.

Pack your cutlass and blunderbuss--it's time to go a-pirating "The Invisible Hook" takes readers inside the wily world of late seventeenth- and early eighteenth-century pirates. With swashbuckling irreverence and devilish wit, Peter Leeson uncovers the hidden economics behind pirates' notorious, entertaining, and sometimes downright shocking behavior. Why did pirates fly flags of Skull & Bones? Why did they create a "pirate code"? Were pirates really ferocious madmen? And what made them so successful? "The Invisible Hook" uses economics to examine these and other infamous aspects of piracy. Leeson argues that the pirate customs we know and love resulted from pirates responding rationally to prevailing economic conditions in the pursuit of profits.

"The Invisible Hook" looks at legendary pirate captains like Blackbeard, Black Bart Roberts, and Calico Jack Rackam, and shows how pirates' search for plunder led them to pioneer remarkable and forward-thinking practices. Pirates understood the advantages of constitutional democracy--a model they adopted more than fifty years before the United States did so. Pirates also initiated an early system of workers' compensation, regulated drinking and smoking, and in some cases practiced racial tolerance and equality. Leeson contends that pirates exemplified the virtues of vice--their self-seeking interests generated socially desirable effects and their greedy criminality secured social order. Pirates proved that anarchy could be organized.

Revealing the democratic and economic forces propelling history's most colorful criminals, "The Invisible Hook" establishes pirates' trailblazing relevance to the contemporary world.

This research review covers the main theories and justifications for and against state intervention as they have developed over two centuries. It also incorporates an institutional approach to the role of the state in enforcing "the rules of the game" of the economy as well as examining specific issues including market failure, rent-seeking and regulation. Economists and political scientists alike will find this to be the ideal guide to the classic and modern arguments surrounding the state's role in the economy.

In Anarchy Unbound, Peter T. Leeson uses rational choice theory to explore the benefits of self-governance. Relying on experience from the past and present, Professor Leeson provides evidence of anarchy 'working' where it is least expected to do so and explains how this is possible. Provocatively, Leeson argues that in some cases anarchy may even outperform government as a system of social organization, and demonstrates where this may occur. Anarchy Unbound challenges the conventional self-governance wisdom. It showcases the incredible ingenuity of private individuals to secure social cooperation without government and how their surprising means of doing so can be superior to reliance on the state.

Step right up! Get your tickets for WTF?! An Economic Tour of the Weird! This rollicking tour through a museum of the world's weirdest practices is guaranteed to make you say, "WTF?!" Did you know that "preowned" wives were sold at auction in nineteenth-century England? That today, in Liberia, accused criminals sometimes drink poison to determine their fate? How about the fact that, for 250 years, Italy criminally prosecuted cockroaches and crickets? Do you wonder why? Then this tour is just for you! Join WTF?!'s cast of colorful characters as they navigate the museum, led by guide and economist Peter T. Leeson. From one exhibit to the next, you'll overhear Leeson's riotous exchanges with the patrons and learn how to use economic thinking to reveal the hidden sense behind seemingly senseless human behavior—including your own. Leeson shows that far from "irrational" or "accidents of history," humanity's most outlandish rituals are ingenious solutions to pressing problems—developed by clever people, driven by incentives, and tailor-made for their time and place. Can you handle getting schooled by the strange? Better hurry, the tour is about to start!

Shrouded by myth and hidden by Hollywood, the real pirates of the Caribbean come to life in this collection of essays edited by David Head. Twelve scholars of piracy show why pirates thrived in the New World seas of seventeenth- and eighteenth-century empires, how pirates operated their plundering ventures, how governments battled piracy, and when and why piracy declined. The essays presented take the study of piracy, which can easily lapse into rousing, romanticized stories, to new heights of rigor and insight. The Golden Age of Piracy also delves into the enduring status of pirates as pop culture icons. Audiences have devoured stories about cutthroats such as Blackbeard and Henry Morgan from the time that pirates sailed the sea. By looking at the ideas of gender and sexuality surrounding pirate stories, the fad for hunting pirate treasure, and the construction of pirate myths, the book's contributors tell a new story about the dangerous men, and a few dangerous women, who terrorized the high seas.

Shrouded by myth and hidden by Hollywood, the real pirates of the Caribbean come to life in this collection of essays edited by David Head. Twelve scholars of piracy show why pirates thrived in the New World seas of seventeenth- and eighteenth-century empires, how pirates operated their plundering ventures, how governments battled piracy, and when and why piracy declined. The essays presented take the study of piracy, which can easily lapse into rousing, romanticized stories, to new heights of rigor and insight. The Golden Age of Piracy also delves into the enduring status of pirates as pop culture icons. Audiences have devoured stories about cutthroats such as Blackbeard and Henry Morgan from the time that pirates sailed the sea. By looking at the ideas of gender and sexuality surrounding pirate stories, the fad for hunting pirate treasure, and the construction of pirate myths, the book's contributors tell a new story about the dangerous men, and a few dangerous women, who terrorized the high seas.

Tolerance in the 21st Century investigates some of the key philosophical and practical dilemmas surrounding the implementation and realization of tolerance in the 21st century. In particular, this well thought-out volume investigates the political, social, moral, religious, global, and philosophical issues integral to discussions of tolerance in our current era. The work delves into new areas assessing the problems posed for tolerance by such factors as identity, war, community, the Internet, and gender. Each essay is written by expert scholars who seek to share their particular expertise with some of the most important and essential questions concerning tolerance. Editor Gerson Moreno-Riano has collected essays that ask not only where we are now in the study of tolerance but also seek to make a positive contribution to the study of tolerance by suggesting what can and should be done to further policies and practices of tolerance as well as investigating the limits of tolerance. Tolerance in the 21st Century is certain to delight scholars of political and democratic theory, political participation and citizenship, and American politics.

Tolerance in the 21st Century investigates some of the key philosophical and practical dilemmas surrounding the implementation and realization of tolerance in the 21st century. In particular, this well thought-out volume investigates the political, social, moral, religious, global, and philosophical issues integral to discussions of tolerance in our current era. The work delves into new areas assessing the problems posed for tolerance by such factors as identity, war, community, the Internet, and gender. Each essay is written by expert scholars who seek to share their particular expertise with some of the most important and essential questions concerning tolerance. Editor Gerson Moreno-Riano has collected essays that ask not only where we are now in the study of tolerance but also seek to make a positive contribution to the study of tolerance by suggesting what can and should be done to further policies and practices of tolerance as well as investigating the limits of tolerance. Tolerance in the 21st Century is certain to delight scholars of political and democratic theory, political participation and citizenship, and American politics.