Publisher's Synopsis
""Man, Economy, and State V2: A Treatise on Economic Principles"" is a comprehensive book on economic theory written by Murray N. Rothbard and first published in 1962. The book is an extensive analysis of the principles of economics, covering topics such as the nature of economics, the role of the market, the theory of value, production and consumption, money and banking, and the role of the government in the economy. The book is divided into five parts, with the first part laying out the fundamental principles of economics, including the nature of human action, the concept of scarcity, and the role of the market in allocating resources. The second part focuses on the theory of value, including the subjective theory of value, marginal utility, and the concept of consumer sovereignty. The third part of the book covers production and consumption, including the theory of production, the division of labor, and the role of entrepreneurship in the economy. The fourth part discusses money and banking, including the nature of money, the role of banks, and the effects of inflation and deflation. Finally, the fifth part of the book analyzes the role of the government in the economy, including the effects of government intervention, the nature of taxation, and the theory of public goods. Overall, ""Man, Economy, and State V2: A Treatise on Economic Principles"" is a comprehensive and detailed analysis of economic theory, providing readers with a deep understanding of the principles that govern the economy and the role of individuals, markets, and government in shaping economic outcomes.In Two Volumes.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
