Focus Point - The Free Market in PrintCommentary by Pete du Pont
September 26, 2000
I'm Pete du Pont with the National Center for Policy Analysis. If I had a book on Amazon.com, it would probably do well. That's because a surprising number of the top 25 best-selling economics books are by free market economists. What's curious is how they got there.
Despite their obvious popularity, pro-capitalism books are anathema to major trade publishers; they're typically issued by university presses. In fact, without them, most of the key free market books of the century wouldn't have made the list.
Friedrich Hayek's enormously influential "road to serfdom" was a best seller in Europe and couldn't find a publisher here because it equated Nazism and communism. Finally, the University of Chicago Press published it, and it was a hit.
Groundbreaking works by Milton Friedman, Henry Hazlitt and Ludwig von Mises -- published between 1946 and 1962 -- are all on the best selling list. Missing are Marxist and Socialist economists. In the real world, where people vote with their money, they vote for economists who want them to keep as much of it as possible, and spend it as they wish.
Those are my ideas, and at the NCPA we know ideas can change the world. I'm Pete du Pont. Next time, military unreadiness.