Part IV: The Rothbardian Theory of Interventionism, 1955–1956
With advances in the Austrian theory of the business cycle, Rothbard finally completed the monumental task of deducing the entire corpus of economic theory using the praxeological method.
With advances in the Austrian theory of the business cycle, Rothbard finally completed the monumental task of deducing the entire corpus of economic theory using the praxeological method.
Murray Rothbard’s project drastically changed in mid-1953. Unable to rely on Mises’s sparse treatment of production theory, Rothbard adopted his old Marshallian approach, focusing on an individual firm that faced fixed prices and restricted investment decisions.
Murray Rothbard’s economic perspective changed significantly in 1949 when he met Ludwig von Mises and read his magnum opus, Human Action.
Murray Rothbard started his career with a foundational training in neoclassical economics.
Murray N . Rothbard: The Making of an Austrian Economist is written for everyone interested in Rothbard’s economic theory and Austrian economics in general.
This book has been several years in the making. Originally we envisioned it as a collection of letters and unpublished monographs from the Rothbard Papers at the Mises Institute.
The Policy and History faculty panel takes student questions on the state of the movement and the prospects for freedom.
The Theory and Method faculty panel takes questions from Mises University students.
Sociologists blame job instability. Legal scholars blame deregulation. Jeffrey Degner noticed all the clues point back to the same address: the Federal Reserve.
A Nobel laureate says some markets are too repugnant to allow and need clever redesign instead. Sandy Klein has a simpler answer: repugnance is just a preference, and the price system already knows what to do with it.