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About the Mises Institute - Ludwig von Mises Institute

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HISTORY OF ECONOMIC THOUGHT<br />

MURRAY N. ROTHBARD<br />

Two volumes<br />

1075 pgs. (hardback) $199.00<br />

ISBN: 1-85278-962-X<br />

Order No.: B300<br />

Economists are accustomed<br />

to thinking of <strong>the</strong>ir<br />

discipline as a modern<br />

science. Rothbard proves<br />

<strong>the</strong>m wrong. Long before<br />

he begins his discussion of<br />

more familiar 18th- and 19thcentury<br />

<strong>the</strong>orists, he covers<br />

hundreds of thinkers <strong>the</strong><br />

world over. This may prove<br />

to be <strong>the</strong> book’s major and<br />

lasting contribution.<br />

For Rothbard, <strong>the</strong> economic<br />

thought of <strong>the</strong> ancients, early<br />

Christians, and scholastics<br />

is surprisingly sophisticated.<br />

The implications of <strong>the</strong> Reformation<br />

are discussed, along<br />

with <strong>the</strong> proto-Austrian<br />

influence of <strong>the</strong> scholastic<br />

tradition, <strong>the</strong> high-water<br />

mark of economic thought<br />

before <strong>the</strong> marginal revolution.<br />

Rothbard views Adam<br />

Smith as having severed<br />

economics from its grounding<br />

in individual, purposeful<br />

human action.<br />

ORDER ONLINE: WWW.MISES.ORG 15

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