Man, Economy, And State

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This is the Mises Institute's older paperback edition of Rothbard's full treatise Man, Economy, and State (does not include Power and Market).

This book is a pillar of the Austrian School Library and the last full-blown, systematic treatise on economics. If Mises's Human Action was the culmination of the School from Menger's time, Rothbard's treatise takes Austrian thought even further in the areas of utility and welfare economics, antitrust, labor, taxation, public goods, and social insurance schemes. Inconsistencies are ironed out and the system of thought, in all its logical rigor, is unbroken.

More than any book, Man, Economy, and State taught economics to the post-Mises generation. It refutes still-common errors among the mainstream and grapples with the post-war Keynesian literature point by point. The impact of this work was also enhanced by its breathtaking logic and clarity, even in the most difficult subject areas.

Special insights along the way include a full critique of government statistics and the Fed's definitions of the money supply. This book remains the standard bearer for the Austrian School, a book that should be studied and understood by every person who aspires to think like an economist.

Source: The Ludwig von Mises Institute