Philosophy and Methodology

In this February 1957 memo, Rothbard sets down some thoughts on the Aristotelian background of marginal utility and Austrian economic theory.

Lecture to the memory of Alfred Nobel, December 11, 1974.

Introduction to A History of Money and Banking in the United States: The Colonial Era to World War II by Murray N.

Walter Block VALUE FREEDOM IN ECONOMICS. Adobe Acrobat 6.0 Paper Capture Plug-in

Leland Yeager

Henry Hazlitt VENTURA Adobe Acrobat 6.0 Paper Capture Plug-in

From Zeitschrift für Nationalökonomie Journal of Economics, Spring 1977.

Economists must either make their value judgments explicit and defend them with a coherent ethical system, or strictly refrain from entering, directly, or indirectly, into the public policy realm.

Reviewed by Thomas J. DiLorenzo Tariffs, Blockades, and Inflation: The Economics of the Civil War by Robert B. Ekelund, Jr.

It took seven decades, but most people now accept what Ludwig von Mises explained three quarters of a century ago, namely, that centrally directed socialistic economies cannot succeed in coordinating vast numbers of interrelated decisions, in large part because of the information problem arising from non-market forms of resource allocation (Mises 1920). No amount of input-out- put models generated on vast computers can overcome the problems of directing resources under changing conditions of wants and scar-city.