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Man, Economy, and State

4.41  ·  Rating Details ·  229 Ratings  ·  13 Reviews
A pillar of the Austrian School Library and the last full-blown treatise on economics. If Mises's Human Action was the culmination of the School from Menger's time, Rothbard's treatise takes Austrian thought even further in the areas of utility and welfare economics, antitrust, labor, taxation, public goods, and social insurance schemes. Inconsistencies are ironed out and ...more
Paperback, 987 pages
Published June 15th 1993 by Ludwig Von Mises Inst (first published 1962)
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Clinton
May 21, 2012 Clinton rated it it was amazing
Man, Economy, and State epitomizes and depicts the true essence of the Austrian School of Economics. Murray Rothbard successfully accumulates comprehensively through and through the key fundamentals in the methodological individualist approach to economics established by the study of praxeology. Praxeology is the study of human action, so it symbolizes the act of purposeful behavior. In physics, mathematics establishes critical components of unmotivated behavior of inanimate entities whereas in ...more
Mike Fox
Sep 24, 2011 Mike Fox rated it it was amazing
Five stars doesn't do this book justice. Walter Block said it best when he called Man, Economy, and State "excruciatingly brilliant." Once I finished the book I had to force myself not to start all over from the beginning to relive the brilliance. Throughout the book I imagined Rothbard conducting a symphony that started soft and quiet but grew and grew as more of economic truth was revealed and the crescendo reached its climactic ending with Rothbard hurling lightning bolts at the violent inter ...more
Adrián Sánchez
Se puede decir que este libro contiene una revisión de lo desarrollado por Mises en La Acción Humana llevándolo a sus consecuencias más lógicas además de contener de todo un poco (aunque bien desarrollado) temas que trata en futuros libros y otros autores, es defenitivamente un compendio de todo el desarrollo de la escuela austríaca de economía, abarcando temas de funcionamiento de los procesos de producción en el mercado, la utilidad marginal, la oferta y la demanda, la función del dinero y lue ...more
Gregory Sun
Apr 10, 2014 Gregory Sun rated it liked it
Although Rothbard's work offers an easy alternative to reading Mises, packing the same ideas into a more modern prose, the book is nothing special and offers few new insights that have not been developed by authors before him. Furthermore, while the economics profession as a whole has moved on to a higher level of scientific rigor, Rothbard remains behind in his insistence that economics be only a pure deductive a priori science.
The prominence of the a priori rationalist view to Austrian epistem
...more
John Boettcher
Aug 09, 2013 John Boettcher rated it it was amazing
The only book that tops this one is Human Action by Mises himself. The book is not for the faint of heart or the faint of mind and determination because you will need all three to get through this book. However, if you do, you will have increased your knowledge of the world beyond belief! Not just in economics, but in almost every avenue of life. Like I said, the only thing that beats this book from Rothbard is Human Action.
Jason Keisling
Jan 08, 2013 Jason Keisling rated it it was amazing  ·  review of another edition
Shelves: politics, economics
This is by far the best book on economic principles that I've read. I cannot recommend this enough.
Patrick S.
Oct 10, 2016 Patrick S. rated it really liked it
Shelves: audio-books
Having been reading more and learning more Austrian economics in the last two years, Murray Rothbard's name has been impossible to avoid. This book is his magnum opus on the subject. A word of warning, this is an advanced book on the subject and is not an easy read by far. The way I view it this book explains better and to a different degree more than "Human Action" by Ludwig von Mises. Then you have different authors such as Tom Woods and Robert Murphy and Walter Block that do the same for Roth ...more
Jayesh
Aug 18, 2014 Jayesh rated it it was amazing
This book is truly a revelation. A complete and cohesive account of how the economy works, derived analytically through first principles. However this book is not an easy read. A lot of re-reads of individuals chapters may be required to clearly understand what Rothbard is saying. Took me three months of reading to complete this book. However every read was enjoyable. Shatters all conventional economic understanding from your economics education. Definitely should be read by everyone interested ...more
Jeff Delezen
Jun 30, 2015 Jeff Delezen rated it it was amazing
This is an excellent book that focuses on the use of Praxeology as the proper methodology for analyzing economic behavior. This is a must read even if you will disagree with it. Reading it will give you at least an undergraduate understanding of economics; additionally, you'll be more articulate than a graduate student and will probably be able to overwhelm most Ph.D's in economics.
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Murray Newton Rothbard was an influential American historian, natural law theorist and economist of the Austrian School who helped define modern libertarianism. Rothbard took the Austrian School's emphasis on spontaneous order and condemnation of central planning to an individualist anarchist conclusion, which he termed "anarcho-capitalism".

More about Murray N. Rothbard...

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