A hefty tome by this master economist. Here he is communicating with the public about economic theory and policy. No economist has ever written so clearly about subjects usually wrapped in mystery. Even when discussing exchange rates, interest rates, and central banking, Rothbard is clear and persuasive. That's what makes this book so wonderful, and so dangerous to the purveyors of economic fallacy and those who enforce their ideas on the public. This wonderfully lucid work could become the next Economics in One Lesson.
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Murray N. Rothbard (1926-1995) distinguished himself as an economist, writing a major treatise on theory, several important economic histories, and a highly praised history of economic thought. But he was also known as the pioneer thinker of libertarianism, the political philosophy that roots freedom in private property ownership and decries the state as inherently contrary to the ethics of a free society. Writing from this perspective, he gained a reputation as the most provocative and influential contributor to the anarchist tradition in our century.
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