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Classical Economics. An Austrian Perspective on the History of Economic Thought

1995

by Rothbard

Austrian SchoolClassical EconomicsEconomic HistoryMises InstituteMurray RothbardAdam SmithPraxeologySubjective ValueLudwig von MisesJean-Baptiste SayLaissez-fairePhysiocracyProperty RightsAnne-Robert-Jacques TurgotMathematical EconomicsMethodologyEntrepreneurshipFactors of ProductionInterest RatesUtilityWagesBoom and BustDeficit SpendingJohn Maynard KeynesOverproductionSay's LawTaxationThomas MalthusUnderconsumptionBankingBimetallismDavid RicardoInflationNapoleon BonaparteJohn Stuart MillJoseph SchumpeterSupply and DemandJames MillJeremy BenthamMercantilismPrice ControlsStatismUtilitarianismMarginalismDavid HumeNatural LawPositivismEgalitarianismInterventionismWelfare StateSlaveryTotalitarianismHerbert SpencerLabor Theory of ValueClass StruggleLiberalismMacroeconomicsGround RentStationary EconomyComparative AdvantageInternational TradeJohn Bates ClarkProductivityNassau SeniorIron Law of WagesMarginal UtilityCatallacticsAbstinence TheoryCapital TheoryTime PreferenceEugen von Bohm-BawerkProtectionismThorstein VeblenBank of EnglandFiat MoneyMonetary TheoryPolitical EconomyBanknotesCurrency SchoolPurchasing PowerDeflationForced SavingVelocity of CirculationGresham's LawJohn LockeMonetary EquilibriumExchange RatesMonetary PolicyMonetarismQuantity Theory of MoneyGold StandardMicroeconomicsNeutral MoneyLegal TenderBusiness CyclesFree BankingJacob VinerCentral BankingBanking SchoolManchester SchoolThomas TookeFiduciary MediaImperialismSocialismCommunismDivision of LaborEconomic CalculationFriedrich EngelsKarl MarxDialectical MaterialismGeorg Wilhelm Friedrich HegelIdeologyExploitationMarxismCapitalismSurplus ValueKarl KautskyMonopolyProletariatStandard of LivingUnemploymentCredit ExpansionFrederic BastiatFree TradeVilfredo ParetoCarl Menger

Table of Contents · 91 segments

1
Front Matter and Table of Contentsfront_matter
2
Introduction: The Austrian Perspective and the Critique of Whig Historiographychapter
3
Acknowledgementsacknowledgements
4
J.B. Say: The French Tradition in Smithian Clothing - The Smithian Conquest and the Ideologueschapter
5
J.B. Say's Methodology: The Foundations of Praxeologychapter
6
Utility, Productivity, and the Theory of Distributionchapter
7
Say's Law of Markets and the Critique of Underconsumptionismchapter
8
Say's Theory of Money, Banking, and the Statechapter
9
Chapter 1 Notesfootnotes
10
Notes on Say's Law and the Vulgarization of Classical Economicstheoretical
11
Jeremy Bentham: From Laissez-Faire to Statismchapter
12
Bentham's Contribution to Utility Analysis and the Value Paradoxtheoretical
13
Personal Utilitarianism: The Critique of the Felicific Calculustheoretical
14
Social Utilitarianism and the Greatest Happiness Principletheoretical
15
The Panopticon: Bentham's Totalitarian Social Idealchapter
16
Notes and References for Chapter 2bibliography
17
Critique of Utilitarianism and Chapter 3 Introductiontheoretical
18
James Mill, the Radicals' Leninchapter
19
The Reform Bill of 1832 and Political Strategychapter
20
Mill and Libertarian Class Analysischapter
21
Mill and the Ricardian Systemchapter
22
Ricardo and Macro-Income Distributionchapter
23
Ricardo's Theory of Value and the Law of Comparative Advantagechapter
24
Notes on Ricardian Economics and Early Criticsfootnotes
25
The Decline of the Ricardian System: Table of Contentstheoretical
26
The Conundrum of Ricardo's Popularitytheoretical
27
The Rapid Decline of Ricardian Economicstheoretical
28
The Theory of Rent and Its Demolitiontheoretical
29
Colonel Perronet Thompson: Anti-Ricardian Benthamitetheoretical
30
Samuel Bailey and the Subjective Utility Theory of Valuetheoretical
31
Nassau Senior and the Whately Connectiontheoretical
32
The Dublin School: Longfield, Butt, and Successorstheoretical
33
William Forster Lloyd and Utility Theory in Englandtheoretical
34
Amos Kendall: A Utility Theorist in Kentuckytheoretical
35
Wages, Profits, and Productivitytheoretical
36
Abstinence and Time in the Theory of Profitstheoretical
37
John Rae and the 'Austrian' Theory of Capitaltheoretical
38
Nassau Senior, Praxeology, and the Battle with Milltheoretical
39
Notes on the Decline of Ricardianismfootnotes
40
Notes and References for Previous Chaptersfootnotes
41
Monetary and Banking Thought, I: The Early Bullionist Controversychapter
42
The Bullionist Controversy Begins: Early Responseschapter
43
Walter Boyd's Letter to Pitt: The Bullionist Positionchapter
44
The Anti-Bullionist Response and the Role of Henry Thorntonchapter
45
Lord King: The Culmination of Bullionismchapter
46
The Irish Currency Question and the 1804 Committeechapter
47
John Wheatley and the Emergence of Mechanistic Bullionismchapter
48
Notes to Chapter 5footnotes
49
Notes and References for Previous Chaptersfootnotes
50
Ricardo Enters the Fraychapter
51
The Bullion Report and the Gold Bullion Standardchapter
52
The Storm over the Bullion Reportchapter
53
Deflation and the Return to Goldchapter
54
Questioning Fractional-Reserve Banking: Britain and the USchapter
55
Monetary and Banking Thought on the Continentchapter
56
Notes for Chapter 6footnotes
57
Notes to Chapter 6footnotes
58
The Trauma of 1825chapter
59
The Emergence of the Currency Principlechapter
60
Rechartering the Bank of England and the Crisis of 1837chapter
61
The Crisis of 1839 and the Banking School Controversychapter
62
Triumph of the Currency School: Peel’s Act of 1844chapter
63
Tragedy in Triumph and the Aftermath of Peel's Actchapter
64
French and German Free Banking Theorists: Horn, Cernuschi, and Hübnertheoretical
65
Notes to Chapter 7: The Currency-Banking School Controversyfootnotes
66
John Stuart Mill and the Reimposition of Ricardian Economicschapter
67
Notes to Chapter 8: John Stuart Millfootnotes
68
Roots of Marxism: Messianic Communismchapter
69
Marx's Vision of Communism: The Abolition of the Individualchapter
70
Alienation, Unity, and the Hegelian Dialecticchapter
71
The Marxian System: Historical Materialism and Class Strugglechapter
72
Notes to Chapter 12: The Marxian System, Ifootnotes
73
The Marxian System, II: The Economics of Capitalism and its Inevitable Demisechapter
74
Profit Rates and 'Surplus Value'theoretical
75
The 'Laws of Motion', I: The Accumulation and Centralization of Capitaltheoretical
76
The 'Laws of Motion', II: The Impoverishment of the Working Classtheoretical
77
The 'Laws of Motion', III: Business Cycle Crisestheoretical
78
Conclusion: The Marxian System and Chapter 13 Notestheoretical|footnotes
79
After Mill: Bastiat and the French Laissez-Faire Traditionchapter
80
The French Laissez-Faire School: Key Figures and Historianstheoretical
81
Frédéric Bastiat: The Central Figuretheoretical
82
The Influence of Bastiat in Europetheoretical
83
Gustave de Molinari: First Anarcho-Capitalisttheoretical
84
Vilfredo Pareto: Pessimistic Follower of Molinaritheoretical
85
Academic Converts and Mavericks: Rau, Macleod, and Hearntheoretical
86
Bastiat and Laissez-Faire in Americatheoretical
87
Decline of Laissez-Faire and Chapter 14 Notestheoretical|footnotes
88
Bibliographical Essay: Say, Bentham, Mill, and Ricardobibliography
89
Bibliographical Essay: Anti-Ricardians, Bullionists, and Banking Schoolsbibliography
90
Bibliographical Essay: John Stuart Mill and Socialist Thoughtbibliography
91
Bibliographical Essay: French Laissez-Faire and Indexbibliography