Quote by: Murray Rothbard

Positivism eliminates any kind of natural law principle - for example, that there are economic laws which can be transgressed only at your peril. With positivism, there is a tendency to leap into ad hoc economic theory.


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Author Bio


  • NameMurray Rothbard
  • DescriptionAmerican economist of the Austrian School, libertarian political theorist, and historian
  • AliasesMurray Newton Rothbard; Murray N. Rothbard
  • BornMarch 2, 1926
  • DiedJanuary 7, 1995
  • CountryUnited States Of America
  • ProfessionEconomist; Philosopher; Activist; Historian; Professor; University Professor; Journalist; Essayist