Man, Economy, and State, with Power and Market

11.13. The Fallacy of the Equation of Exchange

Tags: Austrian Economics Overview, Political Theory, Value and Exchange

10/21/2011 Murray N. Rothbard

From Man, Economy, and State, narrated by Jeff Riggenbach.

What is the Mises Institute?

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.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member