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The Ludwig von Mises Institute

Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

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Foundations of the Market Price System

Foundations of the Market Price System

Murray Rothbard just loved this Austrian text on microeconomic theory. In fact, he thought it was the best text available - except that it has only been sporadically available since it was first published in 1974. It is characterized by a strong pedagogical drive, a logical precision, and an excellent presentation that competes directly with mainstream alternatives except that this one follows Rothbardian logic. The typesetting is from a typewriter, which is unfortunate, but it is nonetheless very clear, as are the graphical expositions. This reprint preserves the original.

Publication Information Lanham, MD: University Press of America, Inc., 1985.
Updated 2/24/2012