Economic treatise by Murray Rothbard published in 1962
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  • Man, Economy, and State: A Treatise on Economic Principles is a 1962 book on economics by Murray Rothbard.

    Articles

    Book Note: Rothbard: Man, Economy, and State: A Treatise on Economic Principles [PDF], by Manny Klausner, New York University Law Review, Jun 1963
    Review of Rothbard's economic treatise with emphasis on areas of interest to lawyers
    "Now [Mises'] former student, Murray Rothbard, has written Man, Economy, and State, a comprehensive and systematic treatise on the principles of economics, which both expands and clarifies the Misesian structure of economic science. ... Dr. Rothbard extends his analysis to the workings of a society based on voluntary contractual agreements and the unhampered or free market. He describes the contractual society of the market as a genuinely cooperative society where 'each person specializes in the task for which he is best fitted, and each serves his fellow men in order to serve himself in exchange.'"
    How I Became a Libertarian and an Austrian Economist, by Richard Ebeling, 2 May 2016
    Autobiographical essay highlighting the people and events who influenced him in his path to libertarianism and Austrian economics
    "Murray Rothbard's influence was different. I learned a great deal of clear and logical thinking from his writings on Austrian Economics, especially his monumental two-volume treatise, Man, Economy and State, which systematically stated, refined, and advanced the entire corpus of Austrian theory from the conception of human action to the nature and effects of government intervention in the market economy. "
    On Autobiography, by Walter Block, 4 Dec 2002
    Autobiographical, recounts how Block met Ayn Rand and later Murray Rothbard and how he progressed from libertarian minarchism to anarcho-capitalism; and pleads other libertarians to write "how they first were introduced to this philosophy"
    "Murray was always exceedingly kind to me, tolerant of my foibles, endlessly patient. By now I was reading Man, Economy and State. I had this weird reaction to the experience of reading the book by day, and seeing the author, regularly, at night. On the one hand, MES was wonderfully written, excruciatingly brilliant. To me, the economics of it was as beautiful as Bach, Mozart and Handel, my three favorite composers, all rolled into one (and this is before I became an Austrian). To compare this to neoclassical economics was to contrast a plough horse with a thoroughbred."
    Radical Economics: An Interview with Walter Block, by Walter Block, Austrian Economics Newsletter, 1999
    Discusses topics such as the effect of Rothbard's death, Block's own intellectual development, the legality of blackmail and barriers to Austrians in academia
    "Actually, I agree with Joseph Salerno that the revival must be dated ten years earlier, to 1962 when Rothbard's Man, Economy, and State appeared. It was the first systematic presentation of Austrian economics since Human Action in 1949, and the most magnificent economic treatise to ever appear, so far as I'm concerned. Without Rothbard's book, I seriously doubt that the Austrian School could have made any kind of revival. ... it was Man, Economy, and State that galvanized a generation of intellectuals to go forward with a post-Mises Austrian School."
    Reading the Literature of Liberty, by Roy Childs, May 1987
    Childs' selection of "great books", including works by Hazlitt, Bastiat, Rose Wilder Lane, Nock, Ayn Rand, Friedman, Hayek, Rothbard, Mises and Nozick
    "... don't neglect the works that really made Rothbard's reputation as a young man: his treatise Man, Economy, and State is a magnificent contribution both to economics and to political theory, while its sequel, Power and Market launched a full-scale critique of state intervention in the economy."
    Read Rothbard, by Lew Rockwell, 29 Jul 2013
    Bibliographical review of 11 of Rothbard's major works, including suggested reading order, plus three additional titles
    "This is Rothbard’s magnum opus. It takes you from the most basic principles, involving an economy with only a single person, all the way through production, consumption, monopoly, interest rates, money, and much more. It is a systematic treatise on economics from the Austrian perspective. This is a long book. It’s even longer if you read it the way it was intended to be read: with Power and Market. Power and Market originally formed the last part of Man, Economy and State, but the publisher feared it was too radical and urged that it be published as a separate work."
    Related Topic: Murray Rothbard
    Rothbard, Murray (1926-1995), by Brian Doherty, The Encyclopedia of Libertarianism, 15 Aug 2008
    Biographical and bibliographical essay
    "The [Volker] fund supported Rothbard's writing of his major economic work, Man, Economy, and State, which he published in 1962. This book was a full exposition of the entire body of economic thinking from first principles ... The book is in the Misesian tradition, building up economics as a deductive science starting from the fact that men act using scarce means to achieve subjectively valued ends. Rothbard's 1970 book, Power and Market, which was originally intended as the final segment of Man, Economy, and State, extended his analysis of the economics of the free market to lay bare the effects of state interference in the workings of the market."
    UpdThe life and times of Murray N. Rothbard, who showed why private individuals can do just about everything that needs to be done, by Jim Powell
    Lengthy biographical essay
    "Rothbard's project expanded until it became a 1,900-page manuscript tentatively called Man, the Economy and the State. The Volker Fund grant ran out on June 30, 1956, and he finished up the manuscript in 1957. He sent it to Devin-Adair (New York) and Caxton Printers (Caldwell, Idaho) which had issued libertarian books, but they declined because of the bulk. ... It was sent to National Review's Frank Meyer who recommended that the last 700 pages be cut. Rothbard reluctantly accepted such cuts as the cost for getting the rest of the manuscript published, and he wrote a new ending. The book, which filled two volumes, appeared in 1962."

    Reviews

    Man, Economy, and State: A Treatise on Economic Principles, by Wendy McElroy, 17 Mar 2012
    "I am jealous of anyone who reads this book for the first time because it is a remarkable adventure that cannot quite be duplicated afterward. ... Readers are taken at a dead trot through the key economic issues that still define our society: monetary theory, antitrust, labor, the lie that is government statistics, taxation, public goods, and the welfare scam in its various manifestations."

    Books

    Man, Economy, and State, by Murray Rothbard, 1962
    Electronic text available at the Ludwig von Mises Institute

    The introductory paragraph uses material from the Wikipedia article "Man, Economy, and State" as of 27 Mar 2018, which is released under the Creative Commons Attribution-Share-Alike License 3.0.