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A couple days ago, I wrote a small piece about a small problem I had with an otherwise good essay titled "Anarcho-Communism" by Murray Rothbard. Essentially, the point I make is that in a laissez-faire society, we anarcho-communists would have no ethical objection to allowing those-who-wished...
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i have recently designed the following course for my own use: rigourous introductory study centers around rothbard's 'man, economy, and state', via robert murphy's accompanying study guide as an auxillary map, and with mises' 'human action', 'theory of money and credit'...
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i don't see how critical reading precludes the existance of essential treatises. Can you name a monograph as instructive as 'human action' or 'man economy and state'?
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i care not whether the work builds upon rothbard's ethics, though since i would say i subscribe to them at least in principal, i balk somewhat at a work that disparages them. (Though as with inquisitor's suggestion, superficial annoyances are easily ignored) perhaps i mischaracterized rothbard's...
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thanks for the reply! I hadn't heard of reisman's work, and upon inspecting it, it appears i have stumbled upon a bizarre libertarian rift with this ayn rand controversy. Am i allowed to read 'capitalism', or is it tainted? I am offended at this anti-rothbard sentiment
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is rothbard's masterpiece, along with it's accompanying study guide and 'human action', 'the theory of money and credit', 'capital and interest', and 'principals of economics' for reference, still the definitive and rigorous introduction to praxeological economic...
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I know Rothbard's essay, but I was looking for something more neoclassical/coasian. When talking with somebody really serious about externalities, it's really hard to argue by stating from that start that no such economic category really exists, as the Austrian framework does.
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An expectation of long term inflation would seem to be factored into (loan) interest rates. Rothbard makes this point in "Making Economic Sense", ch. 8: http://www.mises.org/econsense/ch8.asp, in particular: As prices rise, and as people begin to anticipate further price increases, an inflation...