Rothbardian demand: A critique

  title={Rothbardian demand: A critique},
  author={Marek Hud{\'i}k},
  journal={The Review of Austrian Economics},
  • Marek Hudík
  • Published 6 April 2011
  • Economics
  • The Review of Austrian Economics
This paper refutes Rothbard’s claim that the law of diminishing marginal utility implies a non-increasing demand curve. It is argued that the law under Rothbard’s interpretation is, in fact, irrelevant for demand theory. An example of increasing demand is provided. 

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