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Source link: http://archive.mises.org/16402/murray-my-intellectual-mentor/

Murray, My Intellectual Mentor

April 7, 2011 by

It was nearly 40 years ago that Murray Rothbard changed my life. I was then a PhD candidate in economics at the New School for Social Research in downtown Manhattan, while also teaching principles courses at a local university. And I was rapidly losing interest in the whole subject.

FULL ARTICLE by Gene Epstein

{ 5 comments }

Troy Lynch April 7, 2011 at 7:51 pm

Great article on your experience learning from Rothbard. I think his ‘Man, Economy and State’ adds the flesh to Mises’s ‘Human Action’, especially his detailed workout of the structure of production — capital and interest — in the many chapters on that theme. And he does a great job of enabling mainstream educated pundits see how wrong-headed their theories are in the light of the subjective method. Rothbard is a clear and incisive thinker. He brooks no rivals and calls a spade (or a dud theory) what it is. Yves Smith, in her recent book, ‘Econned,’ hammers the mainstream in her attempt to come to terms with the recent financial problems. (I think, however, she is a behaviourist.) And one of the things she emphasizes is the notion of perfect knowledge. You could add this as one of your points of contention with the mainstream. My conclusion is that mainstream models have become their own reality. Another, which many here will recognize, is the theory of the firm as black box – no place for the entrepreneur!

AA April 7, 2011 at 10:58 pm

It’s always great to see anyone enjoying Rothbard, to see that the person enjoying it is a main-stream-educated economist is exceptional.

Having discovered Rothbard quite accidentally, I’ve been hooked. For about a year I‘ve been reading, researching, and realizing that my education, my MBA, was no education at all.

To read and study Rothbard, and Mises is my real education. From simple observations on the nature of graphs and charts, to epistemological issues, to the indivisibility of liberty, their writings are nothing less than humanity’s intellectual treasure.

I can never forget however, that it was Rothbard that made it accessible.

Jaison De Montalegre April 7, 2011 at 11:19 pm

There is no “like” button for comments so I decided to let you know by leaving a response. Your comment really hits home for me in many ways. Biggest difference is I have a BS vs your MBA but either way it is the same feeling and will continue when I head for my MBA. Rothbard inspires and opens minds. Brilliance personified. His work changed my life and I wish I could thank him personally.

Chumanist April 8, 2011 at 1:03 am

it is indeed a good piece of nostalgia regarding Rothbard ‘s personification.Hardly a reasonable mind can refute the estimates which reserves for Murray Rothbard a place of intellectual zenith in the field of economics- similar to that significance of a place which Albert Einstein used to have occupied in nuclear Physics.

bill kuhn April 10, 2011 at 10:10 am

I was blessed to be a UNLV econ grad in the 90′s while this cool fun dude and great man was still with us. He blasphemed in a beautiful, coherent manner and never met a politician he did not enjoy skewering. Read his books, listen to his tapes. Strive to grasp the his window into logic and away from the bell curve! Its too bad it has taken this financial crisis to bring him back. Oh yeah, I managed to get my MA degree. Thanks Murray. I miss you.

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