Murray N. Rothbard


“Murray N. Rothbard, a scholar of extraordinary range, made major contributions to economics, history, political philosophy, and legal theory. He developed and extended the Austrian economics of Ludwig von Mises, in whose seminar he was a main participant for many years. He established himself as the principal Austrian theorist in the latter half of the twentieth century and applied Austrian analysis to historical topics such as the Great Depression of 1929 and the history of American banking.” (David Gordon,

Books by This Author

The Mystery of Banking
by Murray N. Rothbard

Rothbard starts with the fundamentals: “What is money?” He elucidates supply and demand for money, credit expansion and inflation, and central banking and the Federal Reserve system. He also gives a history of the origin of central banking both in Europe and in the United States.

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