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Man, Economy, and State

(Redirected from Power and Market)

Man, Economy, and State: A treatise on economic principles is a 1962 book of Austrian School economics by Murray Rothbard (orig. abridged ed.).[a] It was originally intended as a textbook form of Human Action by Ludwig von Mises, but became its own treatise after he realized original work was needed to flesh out Mises' ideas.[2]

  Man, Economy, and State
with
Power and Market
First edition (volume I)
AuthorMurray Rothbard
Original titleMan, Economy, and State: A treatise on economic principles volume I[a]
LanguageEnglish
SubjectEconomics
PublisherD. van Nostrand (1962), Institute for Humane Studies (1981), Ludwig von Mises Institute (1993, 2004)
Publication date
1962 (abridged)[a]
1981, 1993, 2004 (full text)
Publication placeUnited States
Media typeprint
Pages987 (abridged)[a]
1,506 (full text)
ISBN0-8147-5380-9 (1962), 0-910884-27-7 (1981), 0-8402-1223-2 (1993), 0-945466-30-7 (2004)
OCLC339220
See also Rothbard (1970) Power and Market.[a]

According to Salerno, the book Power and Market: Government and the Economy "was originally written as the third volume of Man, Economy, and State, but was published separately eight years later".[3][4] It was reunited with the 4th edition of Man, Economy, and State in 2004 in the volume sub-titled "The Scholar's Edition" from the Ludwig von Mises Institute.[3][5] The author analyzes the negative effects of the various kinds of government intervention, and argues that the State is neither necessary nor useful.[citation needed]

Notes

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  1. ^ a b c d e The original publisher deleted the final eight chapters from the original publication, so the 1962 book is effectively an abridged edition, although published instead as "Volume I".[1]: xliii  In 1970, the abridged chapters were published as the title Power and Market.[1]: xliii  The 2009[1] and later editions restore the chapters to a single volume, combining the discussion of both microeconomics and macroeconomics.

References

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  1. ^ a b c Rothbard, M.N. (2009) [1962]. Man, Economy, and State with Power and Market (scholars' complete ed.). Boston, MA / Auburn, AL: Ludwig von Mises Institute. ISBN 978-193355027-5. (Rothbard, Murray N. (February 2004). earlier edition. Ludwig von Mises Institute. ISBN 0-945466-30-7, ISBN 0-8402-1223-2)
  2. ^ Reed, Lawrence (September 30, 2012). "Rothbard's Man, Economy, and State at 50". Foundation for Economic Education.
  3. ^ a b David M. Hart, Stephen Davies, David Gordon, Peter Carl Mentzel, George H. Smith, Jason T. Kuznicki, Jim Powell, and Jeffrey A. Tucker (February 28, 2015). "David M. Hart, "On the Spread of (Classical) Liberal Ideas" (March 2015)". Liberty Fund. The final section, Power and Market, appeared later in a separate volume in 1970 published by the Institute for Humane Studies, a spin-off from the now- defunct William Volker Fund.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ^ Salerno, Joseph (March 2009). "Menger's causal-realist analysis in modern economics". The Review of Austrian Economics. 23 (1): 1–16. doi:10.1007/s11138-009-0096-2. S2CID 144695345.
  5. ^ Rothbard, Murray N. (2009). Man, economy, and state with power and market (2nd ed.). Auburn, Alabama: Ludwig von Mises Institute. ISBN 978-1-933550-27-5. OCLC 913031457.
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