He that would make his own liberty secure, must guard even his enemy; for if he violates this duty he establishes a precedent that will reach himself.
Books
I'll start with an unlikely title here, a book by an author you have never heard of. His name is Faustino Ballvé. He was from Mexico, a working economist whose intellectual life was changed completely when Mises visited the country and lectured. Mises and Ballvé carried on an extensive correspondence after. Ballvé continued to read and correspond for years. Finally the professor sat down and wrote a primer on economics. The result was Essentials of Economics, first in Spanish and then translated to English. Nowhere does this book specifically say that it is free-market oriented or Austrian or Misesian. To Ballvé, this is just good economics, and he presents it as such.
Everyone comes to an understanding of liberty through a slightly different route, which is one reason why there need to be so many varieties of primers available, and why people continue to write them. The newest one has the potential to become a classic among a certain type of reader, a business owner who seeks to understand his or her place in the world, and to be inspired to help bring about the type of world that is necessary in order for business to make a valued contribution to society. The book is Inclined to Liberty, and its author is Louis Carabini, the founder of the precious-metals-trading firm Monex. In fact, as a means of promoting this wonderful book, a special website has been created to draw new readers to it. It is InclinedtoLiberty.com. This is an excellent site to recommend to any businessperson you know. The book is divided into many small chapters, each of which takes only a few minutes to read. The topics are the burning ones of the day, each touching on an issue that is critical to the survival of freedom. Carabini deals with the place of entrepreneurship, private property, the legitimacy of profit, the urge to coercively redistribute wealth, the impulse to tax and regulate, inflation and monetary theory, and other such issues.
The story you are about to read is true. The names have not been changed to protect the innocent.
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