So, I ask you economically inclined ATS members, who is your favorite economist?
With this, please explain why, what school of thought he/she represents, and what or who did you learn of this person from.
This can also mean who is your favorite philosopher or even politicians. As 'economist' is a pretty loosely defined term, it could mean anyone who
effected the way people interact on an economic level. So one could say Adam Smith or even Joseph Smith if you can provide a reason why. It truly
doesn't matter as long as the person has had an impact on peoples socio-economic interactions or has had an impact on your understanding of them. I
guess even Ron Paul, a politician, could be considered a valid answer, but only if you haven't read any of the books on his must-read list.
As for mine.....
Murray Rothbard is mine. By a long shot. His prolific writings and speeches are canon for anyone who even remotely considers their political or
philosophic views to be libertarian.
My favorite books of his are as follows...
Man, Economy, and State- This is a must read for anyone. It will fundamentally change the way you look at things.
The Mystery of Banking- a more intellectual, and technical book. Not a passive read by any stretch but it brings to light many issues of the world of
banking. It is, for me, the moment I found the man behind the curtain, to use a Wizard of Oz reference.
The Panic of 1819- This was his doctoral dissertation at Columbia and is the only book on the subject. For me, it was a look in the past to see better
the future. His book "America's Great Depression" is the same for me. We cannot expect a future if we don't learn from the past.
Honorable mentions are "The Betrayal of the American Right", which describes perfectly what happened to liberty minded individuals in the right, and
"An Austrian Perspective on the History of Economic Thought" which is a great journey into the past.
Overall, Rothbard bestowed upon me his sense of beauty and holistic historical perspective. "Beauty" being the only word I can use to describe it.
Its the beauty of the machine of the market (the whole of peaceful human interaction) all working, buzzing, and humming in unison. It is like
witnessing the cogs and mechanics of a grandfather clock or the pistons in an engine. The beauty is his sense of reverence and aw at the sight of
peaceful human interactions and the checks and balance it provides and the optimism for a better future.
[edit on 14-5-2010 by DINSTAAR]