247. Can Interest Rates Fall to Zero on the Free Market

Man, Economy, and State is a seminal work in Austrian economics, written by Murray N. Rothbard. The book develops the entire body of economic theory step-by-step, starting from incontestable axioms and addressing complex issues such as business cycle theory and monopoly theory. It also includes a critique of government intervention in markets, which is further elaborated in the companion text, Power and Market. Rothbard's work is known for its clear and rigorous presentation of economic principles, emphasizing the importance of individual action and the free market. The book is considered a modern classic and ranks alongside Ludwig von Mises's Human Action as a cornerstone of the Austrian School of economics.

Hans-Hermann Hoppe's "Democracy: The God That Failed" critiques democracy, arguing that it is inherently prone to inefficiency, corruption, and ultimately, the destruction of private property rights.