Toward a Reconstruction of Welfare and Utility Economics

Murray N. Rothbard - 1956 PortraitThis week’s Mises Circle will be discussing Murray N. Rothbard’s 1956 paper, “Toward a Reconstruction of Utility and Welfare Economics”.

In this classic article, Rothbard proposes a formulation of welfare economics that is constrained by the Austrian concepts of subjectivity and action.

Our discussion will be proceeded by a short presentation on the topic by Daniel.