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The Logic of Action Two
Applications and Criticism from the Austrian School. Economists of the Twentieth Century Series
Murray N. Rothbard was the leading voice of the Austrian School of Economics during its post-war American revival. His research in economic theory, history, method and policy, was the major impetus for today's burgeoning interest in the Austrian School and the broader realm of free-market thought.
The Logic of ActionTwo is a careful selection of Rothbard's most important scholarly articles. Some have appeared in mainstream journals, others have been long out of circulation, and still others are published here for the first time. It was Rothbard's major ambition to shore up the scientific status of the Austrian School and, at the same time, demonstrate the theory's radical, free-market implications for government policy.
The book confirms Rothbard as an intellectual giant, and presents his many contributions to the Austrian School, a systematic alternative to mainstream thought that reaches radical, free-market policy conclusions.
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What Reviewers Are Saying
`Rothbard writes in an engaging, provocative style, defending the praxeology of Ludwig von Mises. His writing is full of ideas with which economists should, in my view, disagree. However, no economist's education is complete without being able to answer the challenges he poses.' -- Roger E. Backhouse, University of Birmingham, UK