The Logic of Action: Method, money, and the Austrian School

Front Cover
Edward Elgar, 1997 - Business & Economics - 452 pages
0 Reviews
Reviews aren't verified, but Google checks for and removes fake content when it's identified
The author argues that economics is a deductive science based on the fundamental realities of action, scarcity, and the passage of time. He analyzes method, focuses on some of the theoretical debates within the Austrian school, including property and justice rights, welfare economics, value and efficiency, and considers the Austrian approach to money and calculation, including discussion of the definition of the supply of money, freely floating exchange rates, and calculation and its role under socialism.

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.


The Mantle of Science
What is the Proper Way to Study Man?
Praxeology as the Method of the Social Sciences

21 other sections not shown

Other editions - View all

Common terms and phrases

About the author (1997)

The late Murray N. Rothbard, formerly S.J. Hall Distinguished Professor of Economics, University of Nevada, Las Vegas, US

Bibliographic information