Economic Thought Before Adam Smith
Economic Thought Before Adam Smith

Author: Murray Rothbard

Publisher:

Published: 2006-01-01

Total Pages: 572

ISBN-13: 9781480128033

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LARGE PRINT EDITION! More at LargePrintLiberty.com Here is the last masterpiece by Murray N. Rothbard (1926-1995), the result of a lifetime of research and his crowning achievement.This volume is the most extensive treatment from a modern Austrian perspective of the history of economic thought up to Adam Smith and, as such, takes into account the profound influences of religious, social, and political thought upon economics.Murray Rothbard traces economic ideas from ancient sources and shows that laissez-faire liberalism and economic thought itself began with the scholastics and early Roman and canon law. The scholastics, he argues, established and developed the subjective utility and scarcity theory of value, as well as the theory that prices, or the value of money, depend on its supply and demand.The Continental, or "pre-Austrian" tradition, was destroyed, rather than developed, by Adam Smith whose strong Calvinist tendencies toward glorifying labor, toil, and thrift is contrasted with emphasis in scholastic economic thought towards labor in the service of consumption.Tracing economic thought from the Greeks to the Scottish enlightenment, this book is notable for its inclusion of all of the important figures in each school of thought with their theories assessed in historical context.

An Austrian Perspective on the History of Economic Thought: Economic thought before Adam Smith
An Austrian Perspective on the History of Economic Thought: Economic thought before Adam Smith

Author: Murray Newton Rothbard

Publisher: Edward Elgar Publishing

Published: 1995

Total Pages: 584

ISBN-13:

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This is the first extensive treatment from a modern Austrian perspective of the history of economic thought up to Adam Smith and as such takes into account the profound influence of religious, social and political thought upon economics. In Economic Thought before Adam Smith, Murray Rothbard contends that laissez-faire liberalism and economic thought itself began with the Catholic scholastics and early Roman and canon law, rather than with Adam Smith. The scholastics, he argues, established and developed the subjective utility and scarcity theory of value, as well as the theory that prices, or the value of money, depend on its supply and demand. This continental, or 'pre-Austrian' tradition, was destroyed, rather than developed, by Adam Smith whose strong Calvinist tendencies towards glorifying labour, toil and thrift is contrasted with the emphasis in Scholastic economic thought towards labour in the service of consumption. Tracing economic thought from the Greeks to the Scottish Enlightenment, this book is notable for its inclusion of all the important figures in each school of thought with their theories assessed in historical context. Classical Economics, the second volume of Professor Rothbard's history of economic thought from an Austrian perspective, is also available.

Austrian and German Economic Thought
Austrian and German Economic Thought

Author: Kiichiro Yagi

Publisher: Routledge

Published: 2013-03-01

Total Pages: 202

ISBN-13: 1136824618

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This book intends to renovate the view of social sciences in the German-speaking world. It explores the intellectual tension in the social science in Austria and Germany in the late-nineteenth and early-twentieth centuries. It deals with how the emergence of the new school (Austrian School) changed the focus of social science in the German speaking world, and how it prepared the introduction of an evolutionary perspective in economics, politics, and sociology. Based on (mostly hitherto unknown) primary evidence, this development is lively described in a series of encounters and decisions by each social scientists.

Austrian School Publications
Austrian School Publications

Author: Source Wikipedia

Publisher: Booksllc.Net

Published: 2013-09

Total Pages: 30

ISBN-13: 9781230798400

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 28. Chapters: America's Great Depression, An Austrian Perspective on the History of Economic Thought, A History of Money and Banking in the United States (book), Bureaucracy (book), Capital and Interest, Conceived in Liberty, Economics in One Lesson, Economic Calculation in the Socialist Commonwealth, Egalitarianism as a Revolt Against Nature and Other Essays, For a New Liberty, Human Action, Individualism and Economic Order, Journal of Libertarian Studies, Law, Legislation and Liberty, Liberalism (book), Man, Economy, and State, Omnipotent Government, Power and Market, Principles of Economics, Quarterly Journal of Austrian Economics, Socialism (book), The Anti-Capitalistic Mentality, The Betrayal of the American Right, The Case Against the Fed, The Constitution of Liberty, The Economics and Ethics of Private Property, The Ethics of Liberty, The Failure of the New Economics, The Libertarian Forum, The Mystery of Banking, The Panic of 1819, The Theory of Money and Credit, The Use of Knowledge in Society, What Has Government Done to Our Money?. Excerpt: For a New Liberty: The Libertarian Manifesto is a book by American economist and historian Murray N. Rothbard, first published in 1973, that helped launch the modern libertarian movement in the United States, and was the first modern free market anarchist manifesto (though both capitalistic and anti-capitalistic theories of free-market anarchism had been advanced by the 19th century individualist anarchists). The second edition was first published in 1978, while the third edition was first published in 1985. It is the only book for which Rothbard received a mainstream publishing contract. Radicals for Capitalism notes, "This book strove to synthesize, in condensed form, the economic, historical, philosophical, and policy elements of Rothbard's vision...the book was meant as both a...

Austrian Economics in America
Austrian Economics in America

Author: Karen I. Vaughn

Publisher: Cambridge University Press

Published: 1998-01-28

Total Pages: 218

ISBN-13: 9780521637657

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This book examines the development of the ideas of the new Austrian school from its beginnings in Vienna in the 1870s to the present. It focuses primarily on showing how the coherent theme that emerges from the thought of Carl Menger, Ludwig von Mises, Friedrich Hayek, Ludwig Lachmann, Israel Kirzner and a variety of new younger Austrians is an examination of the implications of time and ignorance (or processes and knowledge) for economic theory.

Banking and Monetary Policy from the Perspective of Austrian Economics
Banking and Monetary Policy from the Perspective of Austrian Economics

Author: Annette Godart-van der Kroon

Publisher: Springer

Published: 2018-07-23

Total Pages: 282

ISBN-13: 3319758179

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This book discusses contemporary banking and monetary policy issues from the perspective of the Austrian School of Economics. Based on the heritage of the Austrian school, leading scholars and practitioners offer a coherent diagnosis and analysis of the factors leading to Europe’s current financial crisis. The first part of the book discusses Ludwig von Mises’s and Friedrich August von Hayek’s ideas on banking and monetary policy from both historical and economic standpoints. It includes contributions on Austrian monetary dynamics and micro-foundational business cycle theory, von Mises’s concepts of liquidity and solvency of fractional-reserve banks, and liberalism of Austrian economics. The second part analyzes the measures taken by the European Central Bank (ECB) in light of the ideas of von Mises and Hayek. It includes contributions on non-neutrality of money, ECB monetary policy, and the future of the ECB. The third and final part presents discussions on monetary reforms, including contributions on Bitcoins, Cryptocurrencies and anti-deflationist Paranoia.