Man, Economy, and State

By Murray N. Rothbard,

Book cover of Man, Economy, and State: With Power and Market

Book description

New Edition, with new introduction!

Murray N. Rothbard's great treatise Man, Economy, and State and its complementary text Power and Market, are here combined into a single edition as they were written to be. It provides a sweeping presentation of Austrian economic theory, a reconstruction of many aspects of that…

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Why read it?

2 authors picked Man, Economy, and State as one of their favorite books. Why do they recommend it?

As the most accomplished student of Ludwig von Mises, Rothbard is undisputably the American who has contributed the most to the Austrian School of Economics. Similar to Human Action, this treatise spans more than 1,000 pages and covers nearly every aspect of economic theory imaginable. 

Rothbard methodically walks the reader through the logical implications of the “action axiom,” the notion that humans act with a purpose in mind. Specifically, humans utilize means according to an idea to achieve ends. From this self-evident building block, Rothbard deduces economic laws that guide nearly the entire edifice of economic science.

The Power…

From Brian's list on books to learn Austrian economics.

This treatise written by Mises student Murray Rothbard is very systematic and well-thought.

Rothbard is an excellent writer. He goes through all topics of economics and has a great analysis of interventionism. Every serious scholar of Austrian economics should have read this book which is somewhat more accessible for neoclassical economists than Human Action.

From Philipp's list on Austrian economics.

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