The History of Economic Thought: From Marx to Hayek

By Murray N. Rothbard

What's The History of Economic Thought: From Marx to Hayek about?

Murray Rothbard died before he could write the third volume of his famous History of Economic Thought, which would cover the birth and development of the Austrian School, through the Keynesian Revolution and Chicago School. With this six-lecture course, however, the History of Economic Thought is complete.

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The History of Economic Thought: From Marx to Hayek episodes:

01.13.2006
2. The Emergence of Communism
The roots of Marxism were in messianic communism. Marx’s devotion to communism was his crucial point. Violent, worldwide revolution, in Marx’s version made by the oppressed proletariat, would be the instrument of the advent of his millennium, communism.
01.13.2006
4. Menger and Böhm-Bawerk
Carl Menger, 1840-1921, founded Austrian economics. Eugen von Bohm-Bawerk was the most important student. Weiser was his brother-in-law, but was fairly pre-Keynesian. Mises was the great successor to Bohn-Bawerk.
01.13.2006
5. Mises and Austrian Economics
The essence of Austrian economics is based on the analysis of individual action. In other words, it is about individuals doing things, having purposes and goals and pursuing them. Other schools of economics deal with aggregates, groups, classes, wholes of...
01.13.2006
6. Hayek and His Lamentable Contemporaries
The Nobel award to F.A. Hayek in 1974 went directly against the tradition of that prize to go only to mathematical forecasters, left-liberals, and government central planners. Not only was Hayek’s work pioneering, but it is also the only correct...
01.13.2006
3. The Pre-Austrians
Richard Cantillon was quite Misesian before Mises. He wrote of utility theory and the entrepreneur’s uncertainty in the 1970s. Cantillon was a great money practitioner. He became a bank and banker to the Jacobite Stuart line and to John Law...
01.13.2006
1. Ideology and Theories of History
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...

What's The History of Economic Thought: From Marx to Hayek about?

Download our free app to listen on your phone

The History of Economic Thought: From Marx to Hayek episodes:

2. The Emergence of Communism

4. Menger and Böhm-Bawerk

5. Mises and Austrian Economics

6. Hayek and His Lamentable Contemporaries

3. The Pre-Austrians

1. Ideology and Theories of History