Economic Thought Before Adam Smith

Economic Thought Before Adam Smith
Author: Murray Rothbard
Publisher:
Total Pages: 572
Release: 2006-01-01
Genre:
ISBN: 9781480128033

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
Total Pages: 584
Release: 1995
Genre: Business & Economics
ISBN:

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.

Economic Point of View

Economic Point of View
Author: Israel M. Kirzner
Publisher: Ludwig von Mises Institute
Total Pages: 252
Release: 1960
Genre: Economics
ISBN: 161016282X

Austrian and German Economic Thought

Austrian and German Economic Thought
Author: Kiichiro Yagi
Publisher: Routledge
Total Pages: 202
Release: 2013-03-01
Genre: Business & Economics
ISBN: 1136824618

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
Total Pages: 30
Release: 2013-09
Genre:
ISBN: 9781230798400

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...

An Austrian Perspective on the History of Economic Thought: Classical economics

An Austrian Perspective on the History of Economic Thought: Classical economics
Author: Murray Newton Rothbard
Publisher: Edward Elgar Publishing
Total Pages: 552
Release: 1995
Genre: Business & Economics
ISBN:

This history of 19th-century economic thought discusses the key members of each classical school and reassesses their work. The author suggests that Ricardism declined after 1830 and was only revived with the work of John Stuart Mill. The book also resurrects the important Anglo-Irish school of thought at Trinity College, Dublin under Archbishop Richard Whately. Later chapters focus on the roots of Karl Marx and the nature of his doctrines, and laissez-faire thought in France, including the work of Frederic Bastiat. Also included is a treatment of the Bullionist versus anti-Bullionist and the Currency versus Banking School controversies in the first half of the 19th century, and their influence outside Great Britain.

The Oxford Handbook of Austrian Economics

The Oxford Handbook of Austrian Economics
Author: Peter J. Boettke
Publisher:
Total Pages: 833
Release: 2015
Genre: Business & Economics
ISBN: 0199811768

The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.

Classical Economics

Classical Economics
Author: Murray Rothbard
Publisher:
Total Pages: 544
Release: 2006-01-01
Genre:
ISBN: 9781480128040

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 first comprehensive treatment of classical economics from a modern Austrian perspective, an important history of nineteenth-century economic thought that discusses the key members of each school and reassesses their work.Professor Rothbard's approach offers new perspectives on both Ricardo and Say and their followers. He suggests that Ricardianism declined after 1820 and was only revived with the work of John Stuart Mill. The book also resurrects the important Anglo-Irish school of thought at Trinity College, Dublin under Archbishop Richard Whatley. Later chapters focus on the roots of Karl Marx and the nature of his doctrines, and laissez-faire thought in France including the work of Frederic Bastiat.Also included is a comprehensive treatment of the bullionist versus the anti-bullionist and the currency versus banking school controversies in the first half of the nineteenth century, and their influence outside Great Britain.