Murray N Rothbard
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Description: Murray Rothbard was known as the state's greatest living enemy, and this book is his most powerful statement on the topic. He explains what a state is and what it is not. He shows how it is an institution that violates all that we hold as honest and moral, and how it operates under a false cover. He shows how the state wrecks freedom, destroys civilization, and threatens all lives and property and social wellbeing, all under the veneer...
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What Has Government Done to Our Money? was first published in 1962 as Money, free and unfree, and details the history of money, from early barter systems, to the gold standard, to present-day systems of paper money. Rothbard explains how money was originally developed, and why gold was chosen as the preferred commodity to use as money. The author also explains how the gold standard makes money a commodity, and how market forces create a stable economy....
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The Panic of 1819 was America's first great economic crisis. And this is Rothbard's masterful account, the first full scholarly book on the topic and still the most definitive. Rothbard tells the story about a disaster that could not be attributed to some specific government blunder or disaster. It seemed to originate from within the economic system itself. Its cause was not obvious to observers at the time. Confronted with something new, the Panic...
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The era of modern economics emerged with the publication of Carl Mengers seminal work, Principles of Economics, in 1871. In this slim book, Menger set forth the correct approach to theoretical research in economics and elaborated some of its immediate implications. In particular, Menger sought to identify the causal laws determining the prices that he observed being paid daily in actual markets.4 His stated goal was to formulate a realistic price...
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Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which was generated by government intervention in the economy. Had the book appeared in the 1940s, it might...
