Man, Economy, and State: A Treatise on Economic Principles, first published in 1962, is a book on
economicsEconomics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
by
Murray RothbardMurray Newton Rothbard was an American intellectual, individualist anarchist, author, and economist of the Austrian School who helped define modern libertarianism and popularized a form of free-market anarchism he termed "anarcho-capitalism"...
, and is one of the most important books in the
Austrian SchoolThe Austrian School is a school of economic thought that emphasizes the spontaneous organizing power of the price mechanism or price system...
of economics (others are
Ludwig von MisesLudwig Heinrich Edler von Mises was an Austrian aristocrat, economist, philosopher, author and classical liberal who had a major influence on the modern libertarian movement and the Austrian School.-Early life:...
'
The Theory of Money and CreditThe Theory of Money and Credit is an economics book written by Ludwig von Mises, originally published in German as Theorie des Geldes und der Umlaufsmittel in 1912...
and
Human Action]Human Action: A Treatise on Economics is the magnum opus of the Austrian economist Ludwig von Mises. It presents a case for laissez-faire capitalism based on Mises' praxeology, or rational investigation of human decision-making. It rejects positivism within economics...
).
EconomistAn economist is an expert in the social science of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
Walter BlockWalter Edward Block is a free market economist and anarcho-capitalist associated with the Austrian School.-Personal history and education:...
has described this volume as "excruciatingly brilliant."
http://www.lewrockwell.com/block/block21.html Wendy McElroyWendy McElroy is a Canadian individualist anarchist and individualist feminist.-Political views:Among feminists, she identifies herself as being sex-positive: defending the availability of pornography and condemning anti-pornography feminism campaigns...
credits the book as being "solely responsible for turning [her] from the advocacy of
limited governmentLimited government is a government where any more than minimal governmental intervention in personal liberties and the economy is not usually allowed by law, usually in a written Constitution. It is closely related to libertarianism, recntliberalism, and some tendencies of liberalism and...
to a lifetime of work within the individualist-anarchist tradition."
When originally published in 1962, the final eight chapters were removed for political reasons; these were finally published as
Power and MarketPower and Market: Government and the Economy is a 1970 book by Murray Rothbard in which he analyzes the negative effects of the various kinds of government intervention, and denies that government is either useful or necessary...
in 1970.
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Man, Economy, and State: A Treatise on Economic Principles, first published in 1962, is a book on
economicsEconomics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
by
Murray RothbardMurray Newton Rothbard was an American intellectual, individualist anarchist, author, and economist of the Austrian School who helped define modern libertarianism and popularized a form of free-market anarchism he termed "anarcho-capitalism"...
, and is one of the most important books in the
Austrian SchoolThe Austrian School is a school of economic thought that emphasizes the spontaneous organizing power of the price mechanism or price system...
of economics (others are
Ludwig von MisesLudwig Heinrich Edler von Mises was an Austrian aristocrat, economist, philosopher, author and classical liberal who had a major influence on the modern libertarian movement and the Austrian School.-Early life:...
'
The Theory of Money and CreditThe Theory of Money and Credit is an economics book written by Ludwig von Mises, originally published in German as Theorie des Geldes und der Umlaufsmittel in 1912...
and
Human Action]Human Action: A Treatise on Economics is the magnum opus of the Austrian economist Ludwig von Mises. It presents a case for laissez-faire capitalism based on Mises' praxeology, or rational investigation of human decision-making. It rejects positivism within economics...
).
EconomistAn economist is an expert in the social science of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
Walter BlockWalter Edward Block is a free market economist and anarcho-capitalist associated with the Austrian School.-Personal history and education:...
has described this volume as "excruciatingly brilliant."
http://www.lewrockwell.com/block/block21.html Wendy McElroyWendy McElroy is a Canadian individualist anarchist and individualist feminist.-Political views:Among feminists, she identifies herself as being sex-positive: defending the availability of pornography and condemning anti-pornography feminism campaigns...
credits the book as being "solely responsible for turning [her] from the advocacy of
limited governmentLimited government is a government where any more than minimal governmental intervention in personal liberties and the economy is not usually allowed by law, usually in a written Constitution. It is closely related to libertarianism, recntliberalism, and some tendencies of liberalism and...
to a lifetime of work within the individualist-anarchist tradition."
When originally published in 1962, the final eight chapters were removed for political reasons; these were finally published as
Power and MarketPower and Market: Government and the Economy is a 1970 book by Murray Rothbard in which he analyzes the negative effects of the various kinds of government intervention, and denies that government is either useful or necessary...
in 1970. The 2004 edition published by the
Ludwig von Mises InstituteThe Ludwig von Mises Institute , based in Auburn, Alabama, is a libertarian academic organization engaged in research and scholarship in the fields of economics, philosophy and political economy. Its scholarship is inspired by the work of Austrian School economist Ludwig von Mises...
combines both books in a single volume. This book provides a discussion of both
microeconomicsMicroeconomics is a branch of economics that studies how households and firms make decisions to allocate limited resources, typically in markets where goods or services are being bought and sold...
and
macroeconomicsMacroeconomics is a branch of economics that deals with the performance, structure, and behavior of a national or regional economy as a whole. Along with microeconomics, macroeconomics is one of the two most general fields in economics. It is the study of the behavior and decision-making of entire...
.
Contents
- Fundamentals of Human Action
- Direct Exchange
- The Pattern of Indirect Exchange
- Prices and Consumption
- Production: The Structure
- Production: The Rate of Interest and Its Determination
- Production: General Pricing of the Factors
- Production: Entrepreneurship and Change
- Production: Particular Factor Prices and Productive Incomes
- Monopoly and Competition
- Money and Its Purchasing Power
- The Economics of Violent Intervention in the Market
Rothbard describes the contents in his preface on pages xciv - xcv.
English
- Man, Economy & State with Power and Market (The Scholar's Edition). Ludwig von Mises Institute
The Ludwig von Mises Institute , based in Auburn, Alabama, is a libertarian academic organization engaged in research and scholarship in the fields of economics, philosophy and political economy. Its scholarship is inspired by the work of Austrian School economist Ludwig von Mises...
. February 2004. 1,441 pages plus introduction. ISBN 0-945466-30-7.
- Auburn, Alabama: Ludwig von Mises Institute
The Ludwig von Mises Institute , based in Auburn, Alabama, is a libertarian academic organization engaged in research and scholarship in the fields of economics, philosophy and political economy. Its scholarship is inspired by the work of Austrian School economist Ludwig von Mises...
. 1993. One volume in softcover. 987 pages. ISBN 0-8402-1223-2.
- New York, NY: Institute for Humane Studies
The Institute for Humane Studies is a non-profit organization based on classical liberal ideas that assists students at the undergraduate and graduate levels. It acts as a talent scout, identifying, developing, and supporting the brightest young students with classical liberal ideas who are...
New York University Press. 1981. hardcover. ISBN 0-8147-5380-9. Also: ISBN 0-910884-27-7 softcover.
- Princeton, N.J.: D. Van Nostrand Company with the William Volker Fund
The William Volker Fund, which was active from 1932 to 1965, was a charitable foundation established to promote and disseminate ideas on free-market economics...
. 1962. Two volumes in hardcover.
Japanese
- Tokyo, Japan: Tuttle-Mori Agency, Inc. with the Ludwig von Mises Institute
The Ludwig von Mises Institute , based in Auburn, Alabama, is a libertarian academic organization engaged in research and scholarship in the fields of economics, philosophy and political economy. Its scholarship is inspired by the work of Austrian School economist Ludwig von Mises...
. 2001. Softcover. ISBN 4-88359-052-6.
External links