Man, Economy, And State: A Treatise On Economic Principles

Man, Economy, And State: A Treatise On Economic Principles by Rothbard, Murray Newton. paperback edition. ISBN: 9780945466321.

A pillar of the Austrian School Library and the last full-blown treatise on economics. If Misess Human Action was the culmination of the School from Mengers time, Rothbards 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 the system of thought, in all its logical rigor, is unbroken. More than any book, Man, Economy, and State taught economics to the post-Mises generation. It refutes still-common errors among the mainstream and grapples with the post-war Keynesian literature point by point. The impact of this work was also enhanced by its breathtaking logic and clarity, even in the most difficult subject areas. Special insights along the way include a full critique of government statistics and the Feds definitions of the money supply. Nearly twenty-five years after it first appeared in print, it remains the standard bearer for the Austrian School.