Austrian School of Economics: Revisionist History and Contemporary Theory

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Home | Mises Library | 4. The Theory of Monopoly Price: From Menger to Rothbard

4. The Theory of Monopoly Price: From Menger to Rothbard

  • Austrian School of Economics Salerno
June 8, 2005

Tags BiographiesAustrian Economics OverviewMonopoly and CompetitionOther Schools of ThoughtPrices

Prior to Mises there had been nothing written on the theory of monopoly price. Mises felt there could be some limited times of monopoly on the free market, e.g. diamond mines, but Rothbard felt that there could not be monopolies. Both theories developed out of Menger’s original thoughts.

Lecture 4 of 10 from  Joseph Salerno's Revisionist History and Contemporary Theory.

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