Classical Economics
![Classical Economics](https://cdn.mises.org/styles/responsive_1_1_650w/s3/HistoryofEconomcThought_II_300.png.webp?itok=pO_G1ID4 650w,https://cdn.mises.org/styles/responsive_1_1_870w/s3/HistoryofEconomcThought_II_300.png.webp?itok=7xMPrymf 870w,https://cdn.mises.org/styles/responsive_1_1_1090w/s3/HistoryofEconomcThought_II_300.png.webp?itok=dQwL72_b 1090w,https://cdn.mises.org/styles/responsive_1_1_1310w/s3/HistoryofEconomcThought_II_300.png.webp?itok=rG2JLw3S 1310w,https://cdn.mises.org/styles/responsive_1_1_1530w/s3/HistoryofEconomcThought_II_300.png.webp?itok=A9xtjvxb 1530w)
The second volume contains an enlightening critique of Ricardian economics, showing the constraints on theory entailed by Ricardo’s static and pseudo-mathematical method. Ricardo’s successor John Stuart Mill is the object of a devastating intellectual portrait. Marxism is subjected to a merciless demolition, and Rothbard shows the roots of this system in metaphysical speculation. The French classical liberals such as Bastiat, on the other hand, contributed to the subjectivist school. A further highlight of this volume is a discussion of the bullionist controversy: the views of the Banking and Currency Schools receive extensive analysis.