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The Essential Rothbard - Ludwig von Mises Institute

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122 <strong>The</strong> <strong>Essential</strong> <strong>Rothbard</strong><br />

the range of authors discussed is immense. <strong>Rothbard</strong> clearly<br />

makes the point that economics is the product of communities<br />

of scholars, not simply a small group of pioneering<br />

thinkers . . . his reading is vast, and there is much to be<br />

learned from him. 318<br />

Backhouse disagrees with <strong>Rothbard</strong>’s Austrian perspective; nevertheless,<br />

he concludes that “it is nonetheless, an exciting, even brilliant,<br />

book.” 319<br />

FOLLOWERS AND INFLUENCE<br />

He taught at Brooklyn Polytechnic <strong>Institute</strong> from the mid-<br />

1960s to the mid-1980s; from 1986 to his death on January<br />

7, 1995, he was S.J. Hall Distinguished Professor of<br />

Economics at the University of Nevada, Las Vegas.<br />

<strong>Rothbard</strong> was closely associated with the <strong>Ludwig</strong> <strong>von</strong> <strong>Mises</strong><br />

<strong>Institute</strong> from its founding in 1982 by Llewellyn H. Rockwell, Jr.<br />

This organization became the main vehicle for the promotion of<br />

his ideas, and he served as its Academic Vice-President. Most of<br />

the academics who have endeavored to continue <strong>Rothbard</strong>’s work<br />

have been associated with the <strong>Mises</strong> <strong>Institute</strong>. Among economists,<br />

Joseph T. Salerno has carried out important research on the history<br />

of the Austrian School. He has made clear the distinctive<br />

nature of the economics of <strong>Mises</strong> and <strong>Rothbard</strong> and has also done<br />

pioneering work on nineteenth-century bullionist economists.<br />

Hans-Hermann Hoppe has extended <strong>Rothbard</strong>’s work in political<br />

philosophy with a much-discussed argument for libertarian rights<br />

that <strong>Rothbard</strong> admired. Peter G. Klein has creatively applied <strong>Mises</strong>ian<br />

and <strong>Rothbard</strong>ian insights to industrial organization. Walter<br />

Block, the most prolific of <strong>Rothbard</strong>’s followers, has, among many<br />

318 History of Economic Thought Newsletter 56 (Summer, 1996): 20.<br />

319 Classical Economics, p. 21.

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