Quarterly Journal of Austrian Economics
Author:
Paul B. Trescott
Online Publish Date:
Volume 1, No. 1 (Spring 1998) A noteworthy feature of Murray Rothbard’s monumental history of economic thought is his vigorous denunciation of Adam Smith and the Wealth of Nations . Smith was “an inveterate plagiarist,” but one who “plagiarized badly, adding new fallacies to the truths he lifted.” Smith’s “economics was a grave deterioration from