2 results for "Economic History"

Power and Market

Murray N. Rothbard
What can government do to enhance social and economic well being? Nothing, says Murray N. Rothbard. Power and Market contains the proof. It will inoculate the reader against the even the slightest temptation to invoke the state as a solution to any social or economic problem. It is ultimate manual for completely de-mystifying the myth of the state. This beautiful new edition is the first to truly do it justice. The Rothbardian claim is perhaps the most radical made in the history of political economy. But how can it be convincing? What must an author do to back up this claim? Here is what Rothbard did. He systematically classified every form of intervention into three types: autistic, binary, and triangular. Within each category, he discusses their ill effects, and does so with precision and insight. Free market scholars have been using and expanding on his insights for years. But in this book we have the source. He is like an expert house inspector examining the edifice of the state. Brick by brick, nail by nail, he shows that it is fundamentally unsound. The seeming edifice is really a house of cards. This book is the ideal answer to the person who says: "I favor free markets but…." and then proceeds to advocate some intervention they believe to be helpful. Rothbard shows that it is not helpful, no matter what it is. And he provides the logic for understanding how all forms of government aggression make society worse off. Softcover, 328 pages including index.
Ludwig von Mises ,Institute 2006 348 pages

Economic Controversies

Murray N. Rothbard
After Murray Rothbard finished his theoretical magnum opus - Man, Economy, and State - he turned his attention away from pure positive theory toward dealing with the opposition to Austrian theory. The result was a long series of fantastic scholarly articles taking on every error of the day, and our day too. Together they form a volume 2 of his great work. This is Economic Controversies. He covers the same range of topics in Man, Economy, and State. Most all have been published, but they are strewn out among journals that are hard to access or books that are out of print. Some have never been published. Rothbard gives his all in these critiques of the opponents of Austrian theory and policy, slicing through fallacies with breathtaking virtuosity. It’s a model of intellectual combat, page after page of razor-sharp thinking and crystal-clear prose. To have this all in one place, beautifully organized, creates a treasure in the history of economic ideas. Gene Epstein of Barron's writes the outstanding introduction. The price is thrillingly affordable for this gigantic hardback.
Ludwig von Mises Institute 2011 997 pages