Available online: Ĭasey G (2010) Murray Rothbard, volume 15 in the series major conservative and libertarian thinkers. Library of Economics and Liberty, London and New York. Available online: Ĭaplan B (2008) What’s wrong with Austrian business cycle theory. This process is experimental and the keywords may be updated as the learning algorithm improves.īlock W, Rockwell LH Jr (1988) Man, economy and liberty – essays in Honor of Murray N. These keywords were added by machine and not by the authors. He launched and spearheaded the modern libertarian and anarcho-capitalistic movement in the United States and attracted many intellectual followers worldwide, such as Walter Block (born 1941), Gary North (born 1942), and Hans-Hermann Hoppe (born 1949), Joseph T. He also made notable contributions in libertarian ethics and anarchist philosophy. The addendum Power and Market contains an economic theory of the state.
Rothbard’s economic theory is comprised in his opus magnum Man, Economy and State, published in 1962. Building on the economic theory of his mentor Ludwig von Mises (1881–1973), he made major contributions in different areas of economics, especially in the fields of marginal utility theory, welfare economics, monetary theory, business cycle theory, and the history of economic thought. Murray Newton Rothbard (2 March 1926 in New York City–7 January 1995 in New York City) was a libertarian philosopher and one of the most influential adherents to the Austrian School of economics in the recent past.
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