Who Is?

Home | Mises Library | Who is Murray Rothbard?

Who is Murray Rothbard?

  • Who Is? Podcast

Tags BiographiesFree MarketsCalculation and KnowledgeHistory of the Austrian School of Economics

06/04/2018David Gordon

Murray N. Rothbard (1926–1995) was one of the most important participants in Ludwig von Mises’s seminar, and undoubtedly the premiere Austrian economist of the twentieth century. Here, David Gordon discusses Rothbard’s contributions to economic theory and their broader historical context.

In his 1962 Man Economy and State, Rothbard built on Mises’s work and further developed the complete deductive science of economics called Praxeology. Gordon highlights several of Rothbard’s contributions including the impossibility of a monopoly price occurring on the free market, the implications of the calculation problem on the size of the firm, and the impracticalities of fractional reserve banking. Rothbard’s exposition of the Great Depression and his work in History of Economic Thought are also discussed.

The Who Is? podcast is available on iTunes, Google Play, Stitcher, Soundcloud, and via RSS.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
When commenting, please post a concise, civil, and informative comment. Full comment policy here
Shield icon interview