Man, Economy, And State / Power And Market by Murray N. Rothbard
A comprehensive exposition of Austrian economics that builds from individual action to complex market processes, showing how prices, capital, and interest arise from voluntary exchange and time preference. It analyzes money, entrepreneurship, and business cycles, highlighting the coordinating role of markets. The companion critique evaluates taxation, regulation, and other interventions, arguing they distort incentives, misallocate resources, and impede social cooperation. The work ultimately defends radical laissez-faire and contends that a stateless market order is both coherent and desirable.
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- Published
- 2004
- Nationality
- American
- Length
- Very Long
- Pages
- 1400-1500
- Original Language
- English
- Avg User Rating
-
(5.0)
- Alternate Titles
- - Man, Economy, and State with Power and Market
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