AERC 2026

What Rothbard Can Teach the Informed Layperson About Prices and Competition

Tags: Monopoly and Competition, Prices, Value and Exchange

03/27/2026 Jonathan Newman

Drawing on Man, Economy, and State, Dr. Jonathan Newman walks through Rothbard’s theory of price formation and competition, showing that prices reflect subjective preferences, not seller greed, and that the only consumer-harming monopolies are those created by the state.

Part of the faculty panel entitled “What Rothbard Can Teach the Informed Layperson About Economics”.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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