Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Murray Rothbard
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==== Polemics against mainstream economics ==== Rothbard wrote a series of [[polemic]]s in which he deprecated a number of leading modern economists. He vilified [[Adam Smith]], calling him a "shameless plagiarist"<ref>{{cite book |first=Murray |last=Rothbard |title=An Austrian Perspective on the History of Economic Thought |publisher=Ludwig von Mises Institute |location=Auburn, AL |date=2006 |orig-date=1995 |isbn=0-945466-48-X |volume=1 |page=435}}</ref> who set economics off track, ultimately leading to the rise of [[Marxism]].<ref>{{cite book |first=Murray |last=Rothbard |title=An Austrian Perspective on the History of Economic Thought |publisher=Ludwig von Mises Institute |location=Auburn, AL |date=2006 |orig-date=1995 |isbn=0-945466-48-X |volume=1 |page=453}}</ref> Rothbard praised Smith's contemporaries, including [[Richard Cantillon]], [[Anne Robert Jacques Turgot]] and [[Étienne Bonnot de Condillac]], for developing the [[subjective theory of value]]. In response to Rothbard's charge that Smith's ''[[The Wealth of Nations]]'' was largely plagiarized, [[David D. Friedman]] castigated Rothbard's scholarship and character, saying that he "was [either] deliberately dishonest or never really read the book he was criticizing".<ref>[[Gerard Casey (philosopher)|Casey, Gerard]] (2010). ''Murray Rothbard''. New York: The Continuum International Publishing Group. p. 112. {{ISBN|978-1-4411-4209-2}}.</ref> Tony Endres called Rothbard's treatment of Smith a "travesty".<ref>Tony Endres, review of ''Classical Economics: An Austrian Perspective'', History of Economics Review, http://www.hetsa.org.au/pdf-back/23-RA-7.pdf {{Webarchive|url=https://web.archive.org/web/20140127064606/http://www.hetsa.org.au/pdf-back/23-RA-7.pdf |date=January 27, 2014 }}</ref> Rothbard was equally scathing in his criticism of [[John Maynard Keynes]],<ref>[https://mises.org/resources/5223/Keynes-the-Man Keynes the Man] {{Webarchive|url=https://web.archive.org/web/20110902064513/http://mises.org/resources/5223/Keynes-the-Man |date=September 2, 2011 }}, originally published in ''Dissent on Keynes: A Critical Appraisal of Keynesian Economics'', Edited by Mark Skousen. New York: Praeger, 1992, pp. 171–98; Online ed. at The [[Ludwig von Mises Institute]]</ref> calling him weak on economic theory and a shallow political opportunist. Rothbard also wrote more generally that Keynesian-style governmental regulation of money and credit created a "dismal monetary and banking situation". He called [[John Stuart Mill]] a "wooly man of mush" and speculated that Mill's "soft" personality led his economic thought astray.<ref>Gordon, David (1999). [https://mises.org/misesreview_detail.aspx?control=151&sortorder=issue "John Stuart Mill on Liberty and Control."] {{Webarchive|url=https://web.archive.org/web/20140914004452/https://mises.org/misesreview_detail.aspx?control=151&sortorder=issue |date=September 14, 2014 }} The Mises Review</ref> Rothbard was critical of monetarist economist [[Milton Friedman]]. In his polemic "Milton Friedman Unraveled", he called Friedman a "statist", a "favorite of the establishment", a friend of and an "apologist" for [[Richard Nixon]], and a "pernicious influence" on public policy.<ref>Ruger, William (2013). Meadowcroft, John, ed. ''Milton Friedman. Major Conservative and Libertarian Thinkers''. New York: Bloomsbury. p. 174 {{ISBN?}}</ref><ref>Rothbard, Murray (1971). [http://archive.lewrockwell.com/rothbard/rothbard43.html "Milton Friedman Unraveled."] {{Webarchive|url=https://web.archive.org/web/20140313192641/http://archive.lewrockwell.com/rothbard/rothbard43.html |date=March 13, 2014 }} LewRockwell.com</ref> Rothbard said that libertarians should scorn rather than celebrate Friedman's academic prestige and political influence. Noting that Rothbard has "been nasty to me and my work", Friedman responded to Rothbard's criticism by calling him a "cult builder and a dogmatist".<ref>Doherty, Brian (1995). [http://reason.com/archives/1995/06/01/best-of-both-worlds/3 "Best of Both Worlds."] {{Webarchive|url=https://web.archive.org/web/20190405013824/http://reason.com/archives/1995/06/01/best-of-both-worlds/3 |date=April 5, 2019 }} ''Reason''</ref> In a memorial volume published by the Mises Institute, Rothbard's protégé and libertarian theorist [[Hans-Hermann Hoppe]] wrote that ''[[Man, Economy, and State]]'' "presented a blistering refutation of all variants of mathematical economics" and included it among Rothbard's "almost mind-boggling achievements". Hoppe lamented that, like Mises, Rothbard died without winning the [[Nobel Memorial Prize in Economic Sciences|Nobel Prize]] and, while acknowledging that Rothbard and his work were largely ignored by academia, called him an "intellectual giant" comparable to [[Aristotle]], [[John Locke]], and [[Immanuel Kant]].<ref name="Murray Memoriam">{{cite book|last=Rockwell|first=Llewellyn|title=Murray N. Rothbard In Memoriam|year=1995|publisher=Mises Institute|location=Auburn, Alabama|pages=33–37|url=http://library.freecapitalists.org/books/Murray%20N%20Rothbard/memoriam.pdf|access-date=December 16, 2014|archive-url=https://web.archive.org/web/20141220074229/http://library.freecapitalists.org/books/Murray%20N%20Rothbard/memoriam.pdf|archive-date=December 20, 2014|url-status=dead}}</ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Murray Rothbard
(section)
Add topic