Video Series of the Best Economics Books

Welcome to our video series about the classic works of famous economists like Adam Smith, Ludwig von Mises, and Carl Menger. In these videos, we explain their important ideas in a way that’s easy to understand. We make complex concepts simple and remove the difficult language and long text, so you can learn without feeling overwhelmed.

While these videos give you a good understanding of the key ideas, we also encourage you to read the original books if you want to dive deeper and explore the ideas in more detail. Our goal is to make economics interesting and easy to learn, whether you’re just starting out or looking to learn more. These videos are a great way to discover the powerful ideas of classical and Austrian economics and see how they still affect the world today.

The Wealth of Nations by Adam Smith is one of the most influential books about economics. It explains how economies grow and why some nations become wealthy. At its heart is the idea of the “invisible hand,” where individuals pursuing their own interests unintentionally create wealth for society. Smith also highlights the importance of specialization—when people focus on what they do best, they produce more efficiently, making goods cheaper and better for everyone.

The book explains how competition keeps prices fair and pushes businesses to improve, while trade between nations allows everyone to benefit by focusing on their strengths. Smith also discusses the limits of markets and the need for governments to provide laws, safety, and infrastructure.

Reading this book helps you understand principles like supply and demand, free markets, and the role of trade, offering timeless lessons about how wealth is created and shared. Are you interested in ‘The Wealth of Nations’? Click one of the buttons below to watch our video series or to get the original book, or scroll down a little and watch our introduction video!

Carl Menger’s Principles of Economics is a key text in the Austrian School of Economics. Published in 1871, it focuses on individual decision-making and how value is created. Menger’s idea of subjective value shows that goods and services are valuable based on how well they satisfy personal needs, not their production cost.

He also introduced marginal utility, explaining that the value of each additional unit of a good decreases as someone has more of it. This idea helps us understand pricing and consumption. Another important concept is Menger’s theory of money, which shows how it evolves naturally as people seek efficient trade.

This book explains why value is subjective, how scarcity affects choices, and how markets allocate resources. Menger’s insights into human behavior and economic systems remain highly relevant, making this a must-read for anyone wanting to understand the foundations of economics.

Are you interested in ‘Principles of Economics’? Click one of the buttons below to watch our video series or to get the original book, or scroll down a little and watch our introduction video!

Ludwig von Mises’ Human Action is a foundational work in Austrian economics that explores how human choices shape markets and society. Mises presented economics as the study of purposeful action—people making decisions to improve their lives based on their own preferences.

Central to the book is praxeology, the study of human behavior. Mises explained how free markets allow individuals to cooperate through voluntary exchange, with prices guiding resources to where they’re most needed. He also showed how government intervention, such as price controls or central planning, disrupts markets and often creates inefficiency.

Human Action provides insights into why free markets work, how value is subjective, and why property rights are essential for prosperity. It’s a challenging but rewarding book that helps readers understand economic systems and the role of human behavior. For anyone curious about the principles of Austrian economics, this is a must-read.

Are you interested in ‘Human Action’? Click one of the buttons below to watch our video series or to get the original book, or scroll down a little and watch our introduction video!