"Early economic theory was rooted in the Italian, French, and Spanish traditions, which were subjectivist oriented. Then it shifted onto the terrible path by Smith and Ricardo and the British classical tradition, which is 'objectivist' - values are in inherent in production."
Murray Rothbard was an American economist and political theorist associated with the Austrian School. He wrote extensively on economics, history, and libertarian political philosophy and was a leading modern advocate of anarcho-capitalism.