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Foundations of the Market Price System

  • Foundations of the Market Price System by Shapiro

Tags Austrian Economics OverviewPricesValue and Exchange

02/06/1985Milton M. Shapiro

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.

 

Author:

Milton M. Shapiro

Milton M. Shapiro received his doctorate degree in economics from the University of Southern California in 1963. In 1974 he wrote Foundations of the Market-price System which uses the perceptive of Austrian Economics to teach microeconomics. Shapiro was a professor of economic theory, philosophy, and economic history at the California State Polytechnic University, Pomona from 1962 to 1987.

References

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

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