Foundations of the Market-Price System

Milton M. Shapiro is Professor of Economics at California State Polytechnic University in Pomona, California.

...a first-rate introductory college text book on economics. It covers and clearly explains the subjects that most need to be covered...Best of all, the author is thoroughly acquainted with the great contributions of Austrian economics, which the bulk of American economic teachers have still to catch up with... -- Murray N. Rothbard, Polytechnic Institute of New York Henry Hazlitt Austrian-inclined economists have been searching for many years for a suitable micro text. At last, Milton Shapiro's splendid volume fills that need. Sound, lucid, grappling with the important issues, Shapiro's Foundations can serve admirably asa supplementary micro text, a full text for a one-term principles and issues course, and as a trade book introduction to sound economics for the general reader. I wish this book long life and great success!> -- Murray N. Rothbard, Polytechnic Institute of New York Austrian-inclined economists have been searching for many years for a suitable micro text. At last, Milton Shapiro's splendid volume fills that need. Sound, lucid, grappling with the important issues, Shapiro's Foundations can serve admirably as a supplementary micro text, a full text for a one-term principles and issues course, and as a trade book introduction to sound economics for the general reader. I wish this book long life and great success! -- Murray N. Rothbard, Polytechnic Institute of New York ...a first-rate introductory college text book on economics. It covers and clearly explains the subjects that most need to be covered...Best of all, the author is thoroughly acquainted with the great contributions of "Austrian" economics, which the bulk of American economic teachers have still to catch up with... -- Murray N. Rothbard, Polytechnic Institute of New York Henry Hazlitt