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Tuesday, 25 March 2014

Rothbard’s Distorted Image of the Free Market

Austrian economist Dr Pat Gunning discusses Rothbard vs. Mises on the "Free Market" in the Austrian Economics group on Linkedin. He kicks off the discussion as follows,
These writers used vastly different definitions of the free market. Rothbard designed his image to help him promote his ethical economics and anarcho-capitalism. Mises designed his to help him present his scientific economics. Rothbard's image was unprecedented in the history of Austrian economics.