Rating: 
Summary: Get An Education Without Going To School
Review: Read this book and you will know more about economics than all the economic advisors to the President of the United States, and the Congress, combined.
Rating:
Summary: A Masterful Treatise
Review: This is easily one of the three best defenses of the Free Market ever written. (The other two being Mises' "Human Action" and Reisman's "Capitalism" . "Power and Market" doesn't count because it must be read with MES.) Rothbard's opus will teach you about the ethics of a free, nonviolent society, and how this society will prosper. It also does a good job of demolishing the concept interpersonal utility comparisons, which will be a great thorn in the side of those who advocate "welfare" spending. It also shows that, unlike most followers of Marx unquestioningly accept, the capitalist is productive.
Rating:
Summary: A Masterful Treatise
Review: This is easily one of the three best defenses of the Free Market ever written. (The other two being Mises' "Human Action" and Reisman's "Capitalism" . "Power and Market" doesn't count because it must be read with MES.) Rothbard's opus will teach you about the ethics of a free, nonviolent society, and how this society will prosper. It also does a good job of demolishing the concept interpersonal utility comparisons, which will be a great thorn in the side of those who advocate "welfare" spending. It also shows that, unlike most followers of Marx unquestioningly accept, the capitalist is productive.
Rating:
Summary: The Best Treatise on Economics ever written...
Review: This is simply the best treatise on economics that has been written upto date in the human history. Ludwig Von Mises 'Human Action' comes close but it is too dense for a layman. This book: Man, Economy and State, written by Murray N. Rothbard can make an economist out of layman if he puts time and efforts into reading this book and understanding all its concepts. Murray Rothbard starts with the basic axiom that: Humans Act. He further states that Humans Act to relieve some sort of unease and approach a better state of satisfaction. Based on these two axioms he builds up the entire edifice of Economics using impeccable logic and superb reasoning. I had read Carl Menger's 'Principles of Economics' before this and thus had a basic understanding of economics. But EVEN if you do not have that, do not worry. This book starts with very basic terms and explains the concepts of Supply and Demand, Interest Rates, Profit/Loss, Production Structure etc. in a clear and thorough manner. Murray Rothbard furthermore refutes the Socialist, Keynesian(gradual socialist) and neo-classical schools of economics. His elucidation of fallacies of Interventionist economics is so logical that one cannot help but laugh out loud on the stupidity of fools like John Keynes, Karl Marx and their disciples. Also you will not see much mathematics in this book. Subjective valuations of goods/services by humans cannot be quantified. This seems pretty logical to most of us but many who call themselves "economists" simply miss this insight. Read this book and you will have a far better understanding of how the world works. You will also understand economics better than most economics college professors and government-employed economists.
Rating:
Summary: One of the two greatest works on ec onomics.
Review: This monumental follow-up to Ludwig Von Mises's "Human Action" continues the ground-breaking path set by Mises in that work. Rothbard's treatise is written more in the style of an economics textbook. Most of the book is an expansion of the economic principles that Mises's expounded in "Human Action." Rothbard's brilliant defense of a natural monopoly (as opposed to a government-created one) is alone worth the price of the book. But neither work is for the beginner. It is best to read Carl Menger's "Principles of Economics" first, before attempting to tackle either book.
Rating:
Summary: Get An Education Without Going To School
Review: This work is perhaps the most thorough and consistent exposition of capitalist economics in existence. Murray Rothbard built his work upon the epochal contributions of the Austrian school of economics, primarily the ideas of the great Ludwig von Mises. However, Rothbard did not merely rehash what they had taught him, he also ironed out their ambiguities and shortcomings in order to construct a mighty, rock solid edifice. Despite the size of this work, it is as well suited to the needs of nascent libertarians, as it is to those of more advanced students. Rothbard begins with the very foundations of human action, and builds upon them logically in order to explain in depth the complexities of the market economy. At the same time, he provides a powerful assault upon socialism and other forms of anti-market ideology by contrasting these systems to capitalism and refuting widely held anti-market myths. The only significant shortcoming that I can think of is the truncated form of Rothbard's brilliant critique of all government action. Apparently, the original publishers of this work were taken aback by his anarchistic conclusions, so, in order to comprehend the full weight of his analysis, it will be necessary to seek out his path-breaking work, "Power and Market." Together, these works represent one of the greatest defenses of individual liberty and civilization ever to be produced.
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