Books / Digital Text
From the Introduction by Joseph T. Salerno and Matthew McCaffrey.
Few economists manage to produce a body of work that boasts a serious following twenty years after their deaths. Murray N. Rothbard is a rare exception. More than two decades since his passing, his influence lives on, both in the work of a new generation of social scientists, and among a growing number of the general public.
One reason for Rothbard’s continuing popularity is his ability to reach across disciplines, and to connect them: unlike many contemporary economists, who specialize in increasingly narrow fields within the science, Rothbard’s research agenda was expansive and interdisciplinary, covering most of the social sciences and humanities.
Some readers of this book will already be familiar with Rothbard’s major works, such as his path-breaking treatise on economics, Man, Economy, and State. Yet Rothbard also produced hundreds of shorter works for both academic and popular audiences. Unfortunately, many lack the time to explore his writings; what’s more, his oeuvre is so enormous it is often difficult to know where to begin.
This book aims to solve these problems by providing a window into Rothbard’s achievements in the social sciences, humanities, and beyond. It includes introductory, intermediate, and advanced material, to ensure the book can be enjoyed by readers of all levels of understanding and familiarity with Rothbard’s work. Therefore although it is intended primarily for newcomers, veteran readers will also find much to discover or re-discover in these pages.
- Section I: Rothbard: Man, Economist Anti-Statist
- Chapter 1: Murray Rothbard
- Chapter 2: A Conversation with Murray N. Rothbard
- Chapter 3: Murray Rothbard in The New Banner
- Section II: Foundations of Social Science and the Free Society
- Chapter 4: The Discipline of Liberty
- Chapter 5: Value Implications of Economic Theory
- Chapter 6: Statistics: Achilles' Heel of Government
- Chapter 7: Ludwig von Mises and the Paradigm for Our Age
- Section III: Principles of Economics and Government Intervention
- Chapter 8: Fundamentals of Value and Price
- Chapter 9: Exchange and the Division of Labor
- Chapter 10: The Division of Labor Clarified
- Chapter 11: Monopoly and Competition
- Chapter 12: Are Diamonds Really Forever?
- Chapter 13: The Infant-Industry Argument
- Chapter 14: Airport Congestion: A Case of Market Failure?
- Chapter 15: The Union Problem
- Chapter 16: Outlawing Job: The Minimum Wage, Once More
- Chapter 17: The Myth of Tax "Reform"
- Section IV: Money, Banking, and the Business Cycle
- Chapter 18: Essentials of Money and Inflation
- Chapter 19: On the Definition of the Money Supply
- Chapter 20: Deflation Reconsidered
- Chapter 21: Anatomy of a Bank Run
- Chapter 22: Lessons of the Recession
- Section V: History of Economic Thought
- Chapter 23: Mercantilism
- Chapter 24: Frédéric Bastiat: Champion of Laissez-faire
- Chapter 25: Keynes's Political Economy
- Chapter 26: The Chicago School
- Chapter 27: Israel Kirzner and the Economic Man
- Section VI: Economic History
- Chapter 28: Economic Determinism, Ideology, and the American Revolution
- Chapter 29: The Progressive Movement
- Chapter 30: Unhappiness with the National Banking System
- Section VII: Political Philosophy and the Libertarian Movement
- Chapter 31: Property and Exchange
- Chapter 32: War, Peace, and the State
- Chapter 33: Notes on the Nintendo War
- Chapter 34: Society Without A State
- Chapter 35: Why Be Libertarian
- Chapter 36: In Praise of Demagogues
- Section VIII: Movie Reviews
- Chapter 37: The Godfather
- Chapter 38: The Godfather, Part II
- Chapter 39: Blaxploitation
- Chapter 40: The Tough Cop
- Chapter 41: Death Wish
- Chapter 42: Cinema Paradiso