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After Murray Rothbard finished his theoretical magnum opus – Man, Economy, and State – he turned his attention away from pure positive theory toward dealing with the opposition to Austrian theory. The result was a long series of fantastic scholarly articles taking on every error of the day, and our day too. Together they form a volume 2 of his great work. This is Economic Controversies. He covers the same range of topics in Man, Economy, and State. Most all have been published, but they are strewn out among journals that are hard to access or books that are out of print. Some have never been published. Rothbard gives his all in these critiques of the opponents of Austrian theory and policy, slicing through fallacies with breathtaking virtuosity. It s a model of intellectual combat, page after page of razor-sharp thinking and crystal-clear prose. To have this all in one place, beautifully organized, creates a treasure in the history of economic ideas. Gene Epstein of Barron’s writes the outstanding introduction. The price is thrillingly affordable for this gigantic hardback. Introduction by Gene Epstein Section One: Method The Mantle of Science What is the Proper Way to Study Man? Praxeology as the Method of the Social Sciences Praxeology: The Methodology of Austrian Economics Praxeology, Value Judgments, and Public Policy In Defense of Extreme Apriorism Praxeology: Reply to Mr. Schuller The Hermeneutical Invasion of Philosophy and Economics Section Two: The Austrian School New Light on the Prehistory of the Austrian School The Present State of Austrian Economics Ludwig von Mises and the Paradigm for Our Age Value Implications of Economic Theory The Myth of Efficiency Breaking Out of the Walrasian Box: Schumpeter and Hansen Professor Rolph on the Discounted Marginal Productivity Theory Professor Kirzner on Entrepreneurship Toward a Reconstruction of Utility and Welfare Economics Section Three: Property and the Public Sector The Politics of Political Economists Justice and Property Rights Law, Property Rights, and Air Pollution The Fallacy of the Public Sector Statistics: Achilles s Heel of Government How and How Not to Desocialize Section Four: Taxation The Myth of Neutral Taxation The Myth of Tax Reform The Consumption Tax: A Critique The Case Against the Flat Tax The Uneasy Case for Degressive Taxation: A Critique of Blum and Kalven The Single Tax: Economic and Moral Implications The Value-Added Tax is Not the Answer A Reply to Georgist Criticisms Section Five: Trade and Freedom Freedom, Inequality, Primitivism, and the Division of Labor Restrictionist Pricing of Labor Mercantilism: A Lesson for Our Times? Capitalism versus Statism A Future of Peace and Capitalism Section Six: Money, Banking, and Calculation The Austrian Theory of Money Money, the State, and Modern Mercantilism Austrian Definitions of the Supply of Money Gold vs. Fluctuating Fiat Exchange Rates The Case For a Genuine Gol