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- Committed to the praxeological method, Rothbard's writings are characterized by value-free deductive reasoning, abstract universal principles, and methodological individualism. He agrees with Mises that the basic test of economic theory is the truth of the premise and the logical chain of reasoning involved.
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Murray Newton Rothbard (/ ˈrɒθbɑːrd /; March 2, 1926 – January 7, 1995) was an American economist [ 1 ] of the Austrian School, [ 2 ][ 3 ][ 4 ][ 5 ] economic historian, [ 6 ][ 7 ] political theorist, [ 8 ] and activist.
Jan 1, 2016 · Rothbard’s economic theory is comprised in his opus magnum Man, Economy and State, published in 1962. The addendum Power and Market contains an economic theory of the state. He also made notable contributions in libertarian ethics and anarchist philosophy.
- kf_israel@gmx.de
Sep 24, 2011 · Rothbard’s first book was Man, Economy, and State, published in 1962. This contribution to economic theory is a massive treatise in the tradition of Mises’s Human Action. Written in Rothbard’s engaging style, Man, Economy, and State is more accessible to lay audiences, but the book advances economic theory as well.
- Benjamin W. Powell, Edward Peter Stringham
- 2012
Murray Newton Rothbard (March 2, 1926 – January 7, 1995), a major American public intellectual, was a scholar of extraordinary range who made major contributions to economics, history, political philosophy, and legal theory.
What is Austrian Economics? A robber who justified his theft by saying that he really helped his victims, by his spending giving a boost to retail trade, would find few converts; but when this theory is clothed in Keynesian equations and impressive references to the ‘multiplier effect,’ it unfortunately carries more conviction. Murray N. Rothbard.
It appears that some of the confusion can be attributed to the approach of two theorists, Ludwig von Mises and Murray Rothbard, and to their connecting the time preference approach to their particular a priori methodology.
Aug 15, 2008 · He wrote various essays, pamphlets, and a book, , analyzing the inflationary effects of central banking. Rothbard advocated a 100% gold monetary standard, the only true defense against inflation, he maintained, and argued that fractional reserve banking was inherently fraudulent.
