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Archive for January, 1976

New Light on the Prehistory of the Austrian School

Written in 1976 by Murray Rothbard

Introduction
The most notable development in the historiography of the Austrian school in the post-World War II era has been the drastic reevaluation of what might be called its prehistory and, as a corollary, a fundamental reconsideration of the history of economic thought itself. This reevaluation may be summarized by briefly outlining the orthodox pre-war paradigm [...]

Revisionism and Libertarianism

Written in 1976 by Murray Rothbard

What has revisionism to do with libertarianism? Many libertarians see no connection. Steeped in the theory of the non-aggression axiom, and that the State has always been the major aggressor, these libertarians see no need to concern themselves with the grubby details of the misdeeds and interrelations between Germany, Russia, Britain, the United States, and [...]

Praxeology: The Methodology of Austrian Economics

Written in 1976 by Murray Rothbard

Praxeology is the distinctive methodology of the Austrian school. The term was first applied to the Austrian method by Ludwig von Mises, who was not only the major architect and elaborator of this methodology but also the economist who most fully and successfully applied it to the construction of economic theory. [1] While the praxeological [...]



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