The History of Economic Thought: From Marx to Hayek

1. Ideology and Theories of History


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History is not an inevitable march upward, as concluded in the 1830s. That determinist view put the stamp of approval on everything past and present. It permeates economic history. It ignores the great moral choices. History is a race between state power and social power.
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The History of Economic Thought: From Marx to HayekBy Murray N. Rothbard

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