Review of Austrian Economics
Author:
Murray N. Rothbard
Online Publish Date:
Since World War II, mainstream neoclassical economics has followed the general equilibrium paradigm of Swiss economist Leon Walras (1834-1910). Economic analysis now consists of the exegesis and elaboration of the Walrasian they cannot account for the necessary investment that spurs and embodies economic growth. With tastes and resources disposed of, there is only one logically