- Selected Essays on Political Economy by Frederic Bastiat (1850; Irvington-on-Hudson, NY: Foundation for Economic Education, 1968)
Includes one of the most important essays in political economy ever written, “What Is Seen and What Is Not Seen,” which demystifies the activities of the state.
- Economics in One Lesson by Henry Hazlitt (Harper and Brothers, 1946)
Updates and expands on the central insight of Bastiat's work—that state interventions typically focus on their obvious impact while ignoring their less obvious—and often harmful—side effects.
- Eat the Rich: A Treatise on Economics by P. J. O'Rourke (Atlantic Monthly Press, 1999)
Humorously asks and answers the central questions of Adam Smith's The Wealth of Nations, but in rather more contemporary language.
- “The Use of Knowledge in Society” in Individualism and Economic Order by F. A. Hayek (University of Chicago Press, 1948)
Explains how the price system solves the problem of how to make use of dispersed and tacit knowledge.
- Free to Choose A Personal Statement by Milton and Rose Friedman (Harcourt Brace Jovanovich, 1980)
A very readable critique of the interventionist state, with many concrete examples and explanations.
- The Firm, the Market, and the Law by Ronald Coase (University of Chicago Press, 1988)
Includes Coase's seminal work showing why the institution of law is important to the development of property, without which social harmony and economic prosperity are impossible, and how property rights make people take into account the effects of their actions on others.