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Murray Rothbard (1926-1995) was an economist, historian, philosopher, and legal theoretician. His work was unified by a passionate and resolute commitment to a libertarianism that may be characterized as 'anarcho-capitalism' and which implied a belief that even the legal system may be provided privately without the need for a coercive collective authority. Hence, anarcho-capitalists envisage a society where the traditional role of government is wholly subsumed by private, profit-making enterprises and all social relationships are ultimately founded upon consent. Rothbard's unique intellectual contribution was to build this system of thought from many pre-existing but previously disparate strands and to develop it to its logical conclusion. Rothbard's starting points were the notions of methodological individualism, natural rights theory, and individual self-ownership. He showed that if we wish these seriously then the justification for government falls away. According to Rothbard government can only be 'justified' if we abandon the notion that individuals have the right to determine what to do with their own bodies, a step he believed to be unconscionable.

Murray Rothbard (1926-1995) was an economist, historian, philosopher, and legal theoretician. His work was unified by a passionate and resolute commitment to a libertarianism that may be characterized as 'anarcho-capitalism' and which implied a belief that even the legal system may be provided privately without the need for a coercive collective authority. Hence, anarcho-capitalists envisage a society where the traditional role of government is wholly subsumed by private, profit-making enterprises and all social relationships are ultimately founded upon consent. Rothbard's unique intellectual contribution was to build this system of thought from many pre-existing but previously disparate strands and to develop it to its logical conclusion. Rothbard's starting points were the notions of methodological individualism, natural rights theory, and individual self-ownership. He showed that if we wish these seriously then the justification for government falls away. According to Rothbard government can only be 'justified' if we abandon the notion that individuals have the right to determine what to do with their own bodies, a step he believed to be unconscionable.

Summing up the work of libertarian economist and historian Murray N. Rothbard (1926-1995) and noting its stunning range, philosopher David Gordon once wondered "if there are really three, four, or five geniuses writing under his name." These lively essays display one of those geniuses: Rothbard the journalist, cultural critic, political observer, and movement organizer. Even more remarkable, they represent just a fraction of what he wrote in his spare time, for just one publication, and in just the last few years of his life. His articles combined libertarian anti-government economics, decentralist local patriotism, anti-war isolation, and a reactionary cultural outlook that saw government as the key to the loss of the Old Republic. He defended land-rights groups against environmentalists, citizen militias against gun grabbers, isolationists against imperialists, paleoconservatives against neoconservatives, populists against party regulars, anti-New World Order conspiracy theorists against the establishment, nationalists against internationalists, states righters against libertarian centralists, the Christian right against its own leadership, and much more. These essays show forth not only Rothbard's intellectual vigor, but the complete joy with which he embraced life, and how his extreme optimism made even the most severe setbacks tolerable. He experienced great disappointments and great successes, but through it all he was heroic, undaunted, and irrepressible. In this, as in everything else, Murray Rothbard is the model for those who long for liberty, and work for it.

This is the first biography of one of the most interesting and controversial social theorists of our time. Murray N. Rothbard was the founder of the libertarian movement, a radical free marketeer who came of age in the era of collectivism and fought all his life for individualism and laissez-faire against overwhelming odds. The story of his life is at the same time a cavalcade of virtually all of the controversial events, ideas, and personalities of the latter part of the twentieth century.The author of twenty-eight books and thousands of articles, Rothbard's life goal was to found a science of liberty, a comprehensive libertarian system of social thought encompassing philosophy, ethics, economics, and history. This book tells the story of the intellectual adventure that was Rothbard's life, his relationship with the great libertarian economist and philosopher Ludwig von Mises, and his intellectual growth and development as an economist and a thinker. While Rothbard's contributions to the history of social thought are important, his life story is interesting in itself: against almost impossible odds he managed to singlehandedly create the libertarian movement out of thin air at a time when such ideas were considered completely outside the pale.An Enemy of the State traces Rothbard's ideological odyssey, from the Old Right of the Chicago Tribune and the "isolationist" America First Committee, to the conservative movement of the fifties and early sixties, to the New Left of the mid-sixties, and then on to the Libertarian Party and the post-Cold War return to his Old Right roots. Rothbard was that interesting combination, an intellectual system-builder and theorist who was also an intellectual street fighter, a scholar, and a man of action. Anyone interested in the history of ideas, whether or not they agree with Rothbard's ideology, is bound to be captivated by and drawn into the story of his fascinating life.

After Murray Rothbard finished his theoretical magnum opus - Man, Economy, and State - he turned his attention away from pure positive theory toward dealing with the opposition to Austrian theory. The result was a long series of fantastic scholarly articles taking on every error of the day, and our day too. Together they form a volume 2 of his great work. This is Economic Controversies. He covers the same range of topics in Man, Economy, and State. Most all have been published, but they are strewn out among journals that are hard to access or books that are out of print. Some have never been published. Rothbard gives his all in these critiques of the opponents of Austrian theory and policy, slicing through fallacies with breathtaking virtuosity. It's a model of intellectual combat, page after page of razor-sharp thinking and crystal-clear prose. To have this all in one place, beautifully organized, creates a treasure in the history of economic ideas. G

After Murray Rothbard finished his theoretical magnum opus - Man, Economy, and State - he turned his attention away from pure positive theory toward dealing with the opposition to Austrian theory. The result was a long series of fantastic scholarly articles taking on every error of the day, and our day too. Together they form a volume 2 of his great work. This is Economic Controversies. He covers the same range of topics in Man, Economy, and State. Most all have been published, but they are strewn out among journals that are hard to access or books that are out of print. Some have never been published. Rothbard gives his all in these critiques of the opponents of Austrian theory and policy, slicing through fallacies with breathtaking virtuosity. It's a model of intellectual combat, page after page of razor-sharp thinking and crystal-clear prose. To have this all in one place, beautifully organized, creates a treasure in the history of economic ideas. G

A pillar of the Austrian School Library and the last full-blown treatise on economics. If Mises's Human Action was the culmination of the School from Menger's time, Rothbard's treatise takes Austrian thought even further in the areas of utility and welfare economics, antitrust, labor, taxation, public goods, and social insurance schemes. Inconsistencies are ironed out and the system of thought, in all its logical rigor, is unbroken. More than any book, Man, Economy, and State taught economics to the post-Mises generation. It refutes still-common errors among the mainstream and grapples with the post-war Keynesian literature point by point. The impact of this work was also enhanced by its breathtaking logic and clarity, even in the most difficult subject areas. Special insights along the way include a full critique of government statistics and the Fed's definitions of the money supply. Nearly twenty-five years after it first appeared in print, it remains the standard bearer for the Austrian School.

Murray Rothbard was known as the state's greatest living enemy, and this book is his most succinct and powerful statement on the topic. He explains what a state is and what it is not. He shows how it is an institution that violates all that we hold as honest and moral, and how it operates under a false cover. He shows how the state wrecks freedom, destroys civilization, and threatens all lives and property and social well being, all under the veneer of "good intentions."

In recent years, libertarian impulses have increasingly influenced national and economic debates, from welfare reform to efforts to curtail affirmative action. Murray N. Rothbard's classic The Ethics of Liberty stands as one of the most rigorous and philosophically sophisticated expositions of the libertarian political position. What distinguishes Rothbard's book is the manner in which it roots the case for freedom in the concept of natural rights and applies it to a host of practical problems. An economist by profession, Rothbard here proves himself equally at home with philosophy. And while his conclusions are radical—that a social order that strictly adheres to the rights of private property must exclude the institutionalized violence inherent in the state—his applications of libertarian principles prove surprisingly practical for a host of social dilemmas, solutions to which have eluded alternative traditions. The Ethics of Liberty authoritatively established the anarcho-capitalist economic system as the most viable and the only principled option for a social order based on freedom. This edition is newly indexed and includes a new introduction that takes special note of the Robert Nozick-Rothbard controversies.

Murray Rothbard era conocido como el “Sr. Libertario”, y también como “el enemigo más grande del Estado.” Y lo sigue siendo. Sí, él tuvo muchos predecesores de quienes aprendió: toda la tradición liberal clásica, los economistas austriacos, la tradición estadounidense anti-guerra, y la tradición de derechos naturales. Sin embargo, fue él quien puso todas las piezas juntas en un sistema unificado que parece poco posible en un primer momento, pero inevitable una vez que ha sido definido y defendido por Rothbard. Las piezas del sistema son sencillas y claras (propiedad sobre uno mismo, estrictos derechos de propiedad, libre mercado, anti-estado en todo aspecto concebible), pero las implicancias estremecen la Tierra. Este libro, más que cualquier otro, explica porqué Rothbard crece en estatura cada año (su influencia ha aumentado mucho desde su muerte) y por qué el Rothbardianismo tiene tantos enemigos en la izquierda, la derecha y el centro. En palabras simples, la ciencia de la libertad que él trajo a la luz es tan emocionante en la esperanza que crea de un mundo libre, como intolerante de errores. Su coherencia lógica y moral, junto con su fuerza explicativa empírica, representa una amenaza para cualquier visión intelectual que pretende usar al Estado para dar forma al mundo según un plan pre-programado. Y al mismo tiempo impacta al lector con una visión esperanzadora de lo que podría ser. "For a New Liberty", Spanish Edition Traducción por MisesHispano.org.

A classic that for over two decades has been hailed as the best general work on libertarianism available. Rothbard begins with a quick overview of its historical roots, and then goes on to define libertarianism as resting "upon one single axiom: that no man or group of men shall aggress upon the person or property of anyone else." He writes a withering critique of the chief violator of liberty: the State. Rothbard then provides penetrating libertarian solutions for many of today's most pressing problems, including poverty, war, threats to civil liberties, the education crisis, and more.

Murray N. Rothbard was the leading voice of the Austrian School of Economics during its post-war American revival. His research in economic theory, history, method and policy, was the major impetus for today's burgeoning interest in the Austrian School and the broader realm of free-market thought.The Logic of Action Two is a careful selection of Rothbard's most important scholarly articles. Some have appeared in mainstream journals, others have been long out of circulation, and still others are published here for the first time. It was Rothbard's major ambition to shore up the scientific status of the Austrian School and, at the same time, demonstrate the theory s radical, free-market implications for government policy.The book confirms Rothbard as an intellectual giant, and presents his many contributions to the Austrian School, a systematic alternative to mainstream thought that reaches radical, free-market policy conclusions.

This book applies Austrian business cycle theory to understanding the onset of the 1929 Great Depression. Rothbard first summarizes the Austrian theory and offers a criticism of competing theories, including the views of Keynes.Rothbard then considers Federal Reserve policy in the 1920s, showing its inflationary character. The influence of Benjamin Strong, the Governor of the New York Federal Reserve Bank, was especially important. In part, his expansionary policy was motivated by his desire to help Britain sustain the pound. Strong was close friends with Montagu Norman, the Governor of the Bank of England.After the 1929 crash, Herbert Hoover followed an interventionist policy that prefigured the New Deal. He favored keeping wage rates high and thus contributed to rising unemployment. Against the popular stereotype, Rothbard shows that Hoover was not a partisan of laissez-faire.

Book by Rothbard, Murray Newton

A hefty tome by this master economist. Here he is communicating with the public about economic theory and policy. No economist has ever written so clearly about subjects usually wrapped in mystery. Even when discussing exchange rates, interest rates, and central banking, Rothbard is clear and persuasive. That's what makes this book so wonderful, and so dangerous to the purveyors of economic fallacy and those who enforce their ideas on the public. This wonderfully lucid work could become the next Economics in One Lesson.

Pocketbook, 4.5 x 7 Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The Mises Institute edition features, along with a new introduction by historian Paul Johnson, top-quality paper and bindings, in line with the standard set by The Scholars Edition of Human Action. Since it first appeared in 1963, it has been the definitive treatment of the causes of the depression. The book remains canonical today because the debate is still very alive. Rothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if the effects did not show up in the price of goods and services. He showed that the stock market correction was merely one symptom of the investment boom that led inevitably to a bust. The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which in turn was generated by government intervention in the economy. Had the book appeared in the 1940s, it might have spared the world much grief. Even so, its appearance in 1963 meant that free-market advocates had their first full-scale treatment of this crucial subject. The damage to the intellectual world inflicted by Keynesian- and socialist-style treatments would be limited from that day forward.

LARGE PRINT EDITION! More at LargePrintLiberty.com Here is the last masterpiece by Murray N. Rothbard (1926-1995), the result of a lifetime of research and his crowning achievement. This volume is the most extensive treatment from a modern Austrian perspective of the history of economic thought up to Adam Smith and, as such, takes into account the profound influences of religious, social, and political thought upon economics. Murray Rothbard traces economic ideas from ancient sources and shows that laissez-faire liberalism and economic thought itself began with the scholastics and early Roman and canon law. The scholastics, he argues, established and developed the subjective utility and scarcity theory of value, as well as the theory that prices, or the value of money, depend on its supply and demand. The Continental, or "pre-Austrian" tradition, was destroyed, rather than developed, by Adam Smith whose strong Calvinist tendencies toward glorifying labor, toil, and thrift is contrasted with emphasis in scholastic economic thought towards labor in the service of consumption. Tracing economic thought from the Greeks to the Scottish enlightenment, this book is notable for its inclusion of all of the important figures in each school of thought with their theories assessed in historical context.

This bibliography contains more than 6,000 entries, with books annotated by Murray N. Rothbard, in a near-complete listing of articles by this Austrian journalist. It identifies for the first time unsigned editorials in the New York Times (1934-1946) which were actually written by Hazlitt, and reveals that he had a larger impact on our nation's intellectual life than anyone has yet realized. The contents of this work include: Introduction (Llewellyn H. Rockwell, Jr.) Notes from the Compiler (Jeffrey A. Tucker) Books (Annotations by Murray N. Rothbard) Chapters in Books, Introductions, and Short Monographs Articles and Editorials ISBN 0945466161 158 pp.

In recent years, libertarian impulses have increasingly influenced national and economic debates, from welfare reform to efforts to curtail affirmative action. Murray N. Rothbard's classic The Ethics of Liberty stands as one of the most rigorous and philosophically sophisticated expositions of the libertarian political position. What distinguishes Rothbard's book is the manner in which it roots the case for freedom in the concept of natural rights and applies it to a host of practical problems. An economist by profession, Rothbard here proves himself equally at home with philosophy. And while his conclusions are radical?that a social order that strictly adheres to the rights of private property must exclude the institutionalized violence inherent in the state?his applications of libertarian principles prove surprisingly practical for a host of social dilemmas, solutions to which have eluded alternative traditions. The Ethics of Liberty authoritatively established the anarcho-capitalist economic system as the most viable and the only principled option for a social order based on freedom. This edition is newly indexed and includes a new introduction that takes special note of the Robert Nozick-Rothbard controversies.

The most powerful case against the American central bank ever written. This work begins with a mini-treatment of money and banking theory, and then plunges right in with the real history of the Federal Reserve System. Rothbard covers the struggle between competing elites and how they converged with the Fed.Rothbard provides a succinct account of the origins of money, showing how money must originate from a commodity. Banking originated from goldsmiths, who issued warehouse receipts for gold deposited with them. From this a fractional reserve system developed, inherently prone to monetary expansion and panic.In the late nineteenth century, a movement toward bank centralization arose among both “progressives” and bankers, the latter eager to increase their profits. From these plans, the Federal Reserve System developed. Rothbard shows the dominate influence of the banking House of Morgan at the Fed’s inception. During the New Deal, Rockefeller interests took first place in influence, with the Morgan interests reduced to a subordinate though still potent role.The book concludes with an account of the Fed’s role in causing inflation and the business cycle. Abolition of this nefarious agency must be part of any agenda for genuine financial reform.