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Foundations of the Market Price System

  • Foundations of the Market Price System by Shapiro
April 19, 2007

Tags Austrian Economics OverviewPricesValue and Exchange

Murray Rothbard just loved this Austrian text on microeconomic theory. In fact, he thought it was the best text available — except that it has only been sporadically available since it was first published in 1974. It is characterized by a strong pedagogical drive, a logical precision, and an excellent presentation that competes directly with mainstream alternatives except that this one follows Rothbardian logic. The typesetting is from a typewriter, which is unfortunate, but it is nonetheless very clear, as are the graphical expositions. This reprint preserves the original.

 

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References

Lanham, MD: University Press of America, Inc., 1985.