Robert Wenzel at Economic Policy Journal has provided us with an excerpt from a question and answer period following a public address made by Murray Rothbard. The excerpt is devoted to a question about economic textbooks ignoring Austrian economics.
Toward the end of his response, Rothbard notes that, given the state of economic education when he was speaking, "You can't have an Austrian textbook, because no college would use it." Thankfully that is no longer the case. A number of professors teaching introductory economics courses in various college and universities are having success using Foundations of Economics, which uses an explicitly Misesian framework in its analysis. To better understand when my book fits in the tradition of Austrian economics, I recommend Jeffrey Herbener's review.
Thanks for information about the Austrian economics. The 1st class of 'business economics' is scarcity: there is never enough of anything to completely fulfill all those who want it. The 1st class of 'policies' is to neglect the 1st class of business economics. Market Research Reports
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