The Forgotten Contribution: Murray Rothbard on Socialism in Theory and Practice

Quarterly Journal of Austrian Economics, Vol. 7, No. 2, pp. 71-89, 2004

19 Pages Posted: 18 Jan 2010  

Christopher J. Coyne

George Mason University - Department of Economics

Peter J. Boettke

George Mason University - Department of Economics

Date Written: 2004

Abstract

This paper documents and articulates Murray N. Rothbard’s contribution to our understanding of the theory and practice of socialism. We summarize his theoretical contributions and then turn to his explanation of the operation of socialism in the Soviet Union. Moreover, we make and support the conjecture that Rothbard, writing in the 1950s and 60s, anticipated allthe major subsequent developments in the economic analysis regarding the problems of the Soviet economy and allthe major works in comparative political economy for real-existing socialism in the Soviet Union.

JEL Classification: B31, B53, P30, P50, D02

Suggested Citation

Coyne, Christopher J. and Boettke, Peter J., The Forgotten Contribution: Murray Rothbard on Socialism in Theory and Practice (2004). Quarterly Journal of Austrian Economics, Vol. 7, No. 2, pp. 71-89, 2004. Available at SSRN: https://ssrn.com/abstract=1538362

Christopher J. Coyne

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

Peter J. Boettke (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

Paper statistics

Downloads
83
Rank
246,758
Abstract Views
835