The prose of Man, Economy, and State by Murray Rothbard is as clear as a bell. But its sheer size (1,441 pages!) is intimidating. After all, Rothbard systematically covers the whole of economic science.
Fortunately, the young and brilliant economist Robert Murphy has come to the rescue!
In writing the Study Guide to Man, Economy, and State, he had his students in mind. He wanted to design a great teaching tool, one that would reach students the same way a private tutor would. He wanted to help Rothbard's magnum opus have permanent impact on their thinking.
He accomplished his goal! The guide provides a roadmap to this massive book, complete with summaries, technical notes, annotations of key contributions, and study questions. He puts it all into a manageable size, with a section devoted to each chapter of the Scholar's Edition (which includes both Man, Economy, and State and Power and Market).
To write a guide of this sort is harder than it looks. Murphy first had to master the material in every way, enough so that he could write short summaries of the chapters.
He then used his advanced training to discuss and elaborate some of the more technically difficult sections of the book. And because Rothbard often does not explain what is innovative in his own theories, Murphy draws attention to the unique contributions to economic science found therein. He tops it off with a series of thought-provoking questions that deal with the core lessons of each chapter.
Murphy spent more than a year writing and editing this guide. As you will see, he is an excellent teacher and he set out to do this in a way that appeals to students of all ages.
One of the goals of the Mises Institute has long been to make this book accessible to everyone, particularly people who are studying economics, and especially those who are interested in Austrian economics. This powerful guide makes the text open up as never before.
A typical chapter begins with a one-page summary, followed by a detailed outline, "contributions" or observations from the author, technical details, and, finally, ten study-guide questions.
Professor Murphy is an extraordinary talent with a great gift for helping students understand economics. Now he can be your teacher, too.