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Economics of Freedom: Austrian School
If you want an excellent grounding in economic theory, try reading Human Action by Ludvig von Mises. Be warned, however, it is not easy going. I consider myself pretty well read with a good vocabulary but if you don't know what praxeology or epistemology are then get an unabridged dictionary and be prepared to use it! Here is a good source for the book:
Introduction
Another author that heavily influenced my thinking was F. A. Hayek. His classic, The Road to Serfdom is an eye opening cure for socialists everywhere.
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Fredrich von Hayek
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Ted Nugnent