The Neglected Potential of Rothbard’s Preface to Theory and History as an Introductory Text on Austrian Methodology
Keywords:Murray N. Rothbard, praxeology, Austrian Economics, methodology, epistemology
Given the breadth of the ideas of the Austrian School of Economics and the numerous lengthy treatises across which those ideas are scattered, it is difficult to recommend an introductory text that conveys its definingcharacteristics. However, in this regard, Murray N. Rothbard’s rarely discussed Preface to Ludwig von Mises’s book Theory and History possesses considerable untapped potential. The Preface’s merits as an introductory reading stem not only from its persuasive summary of the praxeological method and the core arguments in its favor, amongst other distinguishing characteristics of the Austrian School, but also from its brevity and Rothbard’s stilistic clarity, which make it incredibly accessible to newcomers to Austrian ideas.
CALDWELL, B. J. Beyond Positivism: Economic Methodology in the Twentieth Century, Revised Edition. London: Routledge, 1994.
CALTON, C. Was the American Civil War a “Civil War”? Mises Institute, 2018. Available at: https://mises.org/wire/was-american-civil-war-civil-war. Accessed: Jul 10 2020.
EMMETT, R. B. Frank Knight and the Chicago School in American Economics. London: Routledge, 2009.
FOSS, N. J., P.G. KLEIN, and C. BJØRNSKOV. The Context of Entrepreneurial Judgment: Organizations, Markets, and Institutions. Journal of Management Studies, v. 56, n. 6, 2019.
HANSEN, K. M. Libertarian Class Analysis and Economic History. Unpublished. Available at: http://østrigskeobservationer.dk/wp-content/uploads/2019/02/Libertarian-Class-Analysis-paper.pdf. Accessed: Jul 10 2020.
HAYEK, F. A. Monetary Theory and the Trade Cycle. New York: Sentry Press, 1933 .
HOPPE, H. H. Economic Science and the Austrian Method. Auburn: Ludwig von Mises Institute, 1995.
HÜLSMANN, J. G. Mises: The Last Knight of Liberalism. Auburn: Ludwig von Mises Institute, 2007.
LEESON, P. T., and P. J. BOETTKE. Was Mises Right? Review of Social Economy, v. 64, n. 2, 2006.
MCCAFFREY, M. Austrian Economics Is More Than Free-Market Economics. Mises Wire 12th January 2016. Available at: https://mises.org/library/austrian-economics-more-free-market-economics. Accessed: Aug 15 2020.
MEARMAN, A. Heterodox Economics and the Problems of Classification. Journal of Economic Methodology, v. 19, n. 4, 2012.
MENGER, C. Principles of Economics. Auburn: Ludwig von Mises Institute, 2007 .
MISES, L. The Theory of Money and Credit. Auburn: Ludwig von Mises Institute, 2009 .
MISES, L. Epistemological Problems of Economics. Auburn: Ludwig von Mises Institute, 2003 .
MISES, L. Human Action: A Treatise on Economics. Auburn: Ludwig von Mises Institute, 1998 .
MISES, L. Theory and History: An Interpretation of Social and Economic Evolution. Auburn: Ludwig von Mises Institute, 2007 .
MISES, L. The Ultimate Foundation of Economic Science: An Essay on Method. Princeton: D. Van Nostrand Company Ltd., 1962.
NEWMAN, P. Personnel is Policy: Regulatory Capture at the Federal Trade Commission, 1914-1929. Journal of Institutional Economics, v. 15, n. 6, 2019
PICKERING, G. The Role of Bank of England Note Issues Amongst the Causes of the Panic of 1825. Unpublished. Available at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3208923. Accessed: Jul 10 2020.
PICKERING, G.. The Relevance of Bitcoin to the Regression Theorem: A Reply to Luther. The Quarterly Journal of Austrian Economics, v. 22, n. 4, 2019.
ROTHBARD, M. N. In Defense of “Extreme Apriorism”. Southern Economic Journal, v. 23, n. 3, 1957.
ROTHBARD, M. N. The Mantle of Science. Scientism and Values. Princeton: D. Van Nostrand Company Ltd., 1960.
ROTHBARD, M. N. Praxeology: The Methodology of Austrian Economics. The Foundations of Modern Austrian Economics. Princeton: D. Van Nostrand Company Ltd., 1976.
ROTHBARD, M. N. Preface. Theory and History. Auburn: Ludwig von Mises Institute, 2007 .
ROTHBARD, M. N. Economic Controversies. Auburn: Ludwig von Mises Institute, 2011.
ROUANET, L. The Interest Group Origins of the Bank of France. Public Choice, forthcoming, 2019.
SKARBEK, D. B. F. A. Hayek’s Influence on Nobel Prize Winners. The Review of Austrian Economics v. 22, n. 1, 2008.
How to Cite
Copyright (c) 2021 MISES: Interdisciplinary Journal of Philosophy, Law and Economics
This work is licensed under a Creative Commons Attribution 4.0 International License.
This Journal is licensed under a Creative Commons Attribution 4.0 International License.