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The Free Market 24, no. 7 (July 2004) [Editorial Note: Price inflation now having reared its head in many sectors, despite constant downward pressure on prices from innovation and imports, and the business cycle continuing to plague the world economy, it is time to revisit a neglected classic from Murray Rothbard, an excerpt from a long study that

The Free Market 24, no. 1 (January 2006) The free market is a summary term for an array of exchanges that take place in society. Each exchange is undertaken as a voluntary agreement between two people or between groups of people represented by agents. These two individuals (or agents) exchange two economic goods, either tangible commodities or

From the Editors: Today Scotland votes on a referendum concerning political independence from the United Kingdom. For libertarians, the politics surrounding both sides of the vote are suspicious. The globalist banking class, ever fearful of decentralization of power, warns that Scotland needs Westminster’s economic assistance (read: welfare),

This article is also available as an Audio Mises Daily [Adapted from Rothbard’s book review of Freedom and the Law by Bruno Leoni. This review first appeared in New Individualist Review, edited by Ralph Raico.] [In his book Freedom and the Law ,] Professor [Bruno] Leoni’s major thesis is that even the staunchest free-market economists have

How Murray Rothbard Became a Libertarian Editor’s Note: This is a transcript of this video recorded in 1981. NARRATOR :  A prolific author and Austrian economist, Murray Rothbard promoted a form of free-market anarchism he called “Anarcho-Capitalism.” In this talk, given at the 1981 National Libertarian Party Convention, Rothbard tells the story

A new journal of opinion must justify its existence; our justification is a deep commitment to the liberty of man. Our aim is to present articles that embody scholarship; but not a scholarship random, unfocussed, or devoted to minute examination of trivia. Ours will be a scholarship finely honed for use as a weapon in expanding, deepening, and

Since the days of Woodrow Wilson, American foreign policy has been conducted with a smug and self- righteous hypocrisy perhaps unmatched by any nation in the history of mankind. But recently there have been signs that this may he changing, and that, at least in some areas, a brutal candour may increasingly come to reveal the naked reality beneath

Every clause and article of the United States Constitution has been studied, pored over, and interpreted countless times--every one, that is, but the Ninth Amendment, which until very recently, has stood in lonely splendor, unacknowledged, uninterpreted, ignored. And yet, since it is part of the Bill of Rights, one would think it deserving of some

Within the past year, all the news media--not only the little magazines and journals of opinion, but even the mass magazines and radio-and-television, have devoted a great deal of attention to the phenomenon of the New Left. And deservedly so, for here indeed is a truly new force in American life. Still basically a student movement, but now

Mr. Murray Kempton, one of America’s most perceptive journalists, attended the annual December, 1965 convention of the National Association of Manufacturers at the Waldorf, and found himself unexpectedly wistful about the good old days when the NAM spent a good portion of its energies attacking governmental interference with the individual.