What economic methodologies did Rothbard reject?
Mainstream Economic Methodologies
Social Economic Methodologies
Behavioural Economic Methodologies
Classical Economic Methodologies
Answer
Rothbard rejected the Mainstream Economic Methodologies of Marginalism and Neoclassical economics. Instead, he argued for a return to the Austrian school of economics, which focuses on the praxeological method of inquiry. This method emphasizes the importance of understanding human action and the subjective nature of value.
Murray Rothbard: Mastermind of Free Market Economics
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