Rothbard

Archive for Rothbard

The Plot Thickens: I May Agree 100% With Rothbard After All

Thanks to Marris, I think this is the passage from MES that made me think I had a disagreement with Rothbard on an income tax’s impact on saving (pp. 917-919 of the Scholar’s Edition): Some economists maintain that income taxation reduces savings and investment in society in yet a third way. They assert that income […]

Rothbard Bask

Well I guess I shouldn’t be surprised. Blogging something that could even be construed as a critique of Bob Wenzel’s take on something having to do with Austrian economics–even though you twice deny that that is what you are doing–is as reckless as peeing on an electric fence. To refresh your memory, yesterday I wrote […]

Reminder: Class on the Best of Rothbard Starts Tomorrow

I am really looking forward to teaching this material. The final third of Man, Economy, and State is jam-packed with great stuff, including the best critiques of Keynesianism (at least the old school variants).

Reading List in Austrian Economics and Libertarianism

People occasionally tell me that they are new to Austrian economics, and want a reading list. Well if you want the actual books there’s the year-long Home Study Course I developed, but if you’re broke here’s a cheaper way to jump in: Free-Market Economics with an Austrian Flavor * Lessons for the Young Economist. My […]

The Final Installment of Man, Economy, and State

Still in Europe, so posting will be sparse until next week. In the meantime, have you ever seen such enthusiasm from me? I’ve enjoyed teaching all of my online Mises Academy classes, but I have never been more excited than I am to teach the upcoming class Money, Monopoly, and Market Intervention. This course covers […]

Rothbard Sides With Wenzel on Cash Balances

Such is my devotion to truth, integrity, and the scientific status of Austrian economics, that I am unilaterally reporting the following footnote that I discovered while preparing tomorrow’s lecture for my online tour of Man, Economy, and State. The context is Rothbard explaining how individuals’ rankings of present versus future units of money give rise […]

My Heretical and Pathbreaking Work on Austrian Interest Theory

By popular demand, here are two things that are extremely geeky: (A) My doctoral dissertation. (B) A long paper I wrote for a recent Liberty Fund conference on Austrian business cycle theory. I realize how obnoxious this sounds, but it’s just possible that I mapped out enough work to occupy the careers of three productive […]

Anarchy in Somalia

Earlier this year the BBC did a series on the 20th anniversary of the fall of the Somali state. (Gene Callahan held a prayer vigil for Siad Barre, I hear.) It just came to my attention, but better late than never: Economists familiar with the Rothbardian tradition have taken the analysis even further, persuasively arguing […]