And many Austrians think Rothbard is worse on money than Mises. I tend to agree, but it's been a while since I've read him. I know he abuses apriorism, like Hoppe afterwards.
Regardless, Mises-Rothbard is only one sect of Austrian monetary theory.
And many Austrians think Rothbard is worse on money than Mises. I tend to agree, but it's been a while since I've read him. I know he abuses apriorism, like Hoppe afterwards.
Regardless, Mises-Rothbard is only one sect of Austrian monetary theory.
Is money a present good?
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1Abd9yJS6mrzMmj1Ni6kjQB9GqtyaNujrm VerifiedAre you asking for my economic theory or Rothbard's? If the latter, he'd say money is a present good.
I'm asking for your theory.
If you're actually interested in my ideas, you might enjoy my critique of the overextension of apriorism in Austrian Economics. Hoppe is the main target of criticism, but it applies to Rothbard too.
Ok but I'd rather go one question at a time.
I don't think the concept is precise enough. Money is a unique good that doesn't fit squarely into any existing conceptual toolbox that I've come across.