Man, Economy, and State, V1

I am an economist by training. I taught economic courses at Rutgers University for two decades but the only economic framework I consider useful for real-world managers is the classical school known as Austrian Economics, of which Murray Rothbard was one of the more eloquent and accessible voices. Mainstream economists busy themselves with complex mathematical models that are in the end utterly useless in explaining the world, or worse, are utterly wrong in predicting the consequences of policies but are provided by “court economists” to support ideologies. Murry Rothbard, in contrast, lays down the principles of economic theory that will… show more.