From the Introduction by Joseph T. Salerno and Matthew McCaffrey.
Few economists manage to produce a body of work that boasts a serious following twenty years after their deaths. Murray N. Rothbard is a rare exception. More than two decades since his passing, his influence lives on, both in the work of a new generation of social scientists, and among a growing number of the general public.
One reason for Rothbard’s continuing popularity is his ability to reach across disciplines, and to connect them: unlike many contemporary economists, who specialize in increasingly narrow fields within the science, Rothbard’s research agenda was expansive and interdisciplinary, covering most of the social sciences and humanities.
Some readers of this book will already be familiar with Rothbard’s major works, such as his path-breaking treatise on economics, Man, Economy, and State. Yet Rothbard also produced hundreds of shorter works for both academic and popular audiences. Unfortunately, many lack the time to explore his writings; what’s more, his oeuvre is so enormous it is often difficult to know where to begin.
This book aims to solve these problems by providing a window into Rothbard’s achievements in the social sciences, humanities, and beyond. It includes introductory, intermediate, and advanced material, to ensure the book can be enjoyed by readers of all levels of understanding and familiarity with Rothbard’s work. Therefore although it is intended primarily for newcomers, veteran readers will also find much to discover or re-discover in these pages.
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Joseph Salerno is academic vice president of the Mises Institute, professor emeritus of economics at Pace University, and editor of the Quarterly Journal of Austrian Economics.
During Mises University, Ryan McMaken interviewed Dr. Joseph Salerno on a live episode of Radio Rothbard. The topic was “What Makes the Austrian School Different?” This article is a selection from the 30-minute interview with Dr. Salerno.
Dr. Joe Salerno argues we shouldn't fear falling prices: productivity-driven deflation raises living standards, while “deflation phobia” props up inflation targeting.
Joseph Salerno reviews Banking and Monetary Policy from the Perspective of Austrian Economics. Covering topics ranging from inflation targeting to cryptocurrency, this collection is indispensable reading for anyone interested in the Austrian monetary thought.
Published 2016 by the Mises Institute. This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International License. http://creativecommons.org/licenses/by-nc-nd/4.0/
Paperback edition: 978-1-61016-661-4
Large Print edition: 978-1-61016-662-1
ePub: 978-1-61016-663-8