Human Action

The following list will introduce you to Western Economic Philosophy as it relates to modern history specifically. This list is weighted heavily toward neo-classical economics and does not get into computational model based economics - specifically microeconomics, which comprises the bulk of economics education today: Schumpeter - History of economic analysis Adam Smith - Theory of Moral Sentiments Kaynes - The General Theory of Employment, Interest and Money Marx - Capital Benjamin Graham - The Intelligent Investor Galbraith - The Affluent Society Galbraith - The Great Crash Milton Friedman - Capitalism and Freedom Nassim Taleb - Black Swan Ron Suskind - Confidence Men Scott Patterson - Dark Pools If you want to delve into heterodox economics afterward, start with the following: Hayek - Individualism and Economic Order Mises - Human Action Rothbard - Man, Economy, State

Yes, Human Action is big, thick and highly recommended. You can find one or more earlier and still quite useful print editions on the net (as I understand it, the subsequent edits weren't heavy).

If you're the kind of person who reads Diplomacy by Kissinger for an introduction to geopolitics or the Bible to understand christianity, then I'd highly recommend Human Action by Ludwig von Mises for a very strong understanding of economics. One of the best (and largest) books ever written on economics, you don't have to be of the Austrian school to get a lot out of it. It lays a strong logical and theoretical foundation and then considers issues in a very engaging and even entertaining manner for non-economists. And it's available as a very high quality audiobook for free! http://media.mises.org/mp3/audiobooks/mises/HumanAction/