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Barriers to international trade always harm the public. [ Making Economic Sense (1995)]   Protectionism, often refuted and seemingly abandoned, has returned, and with a vengeance. The Japanese, who bounced back from grievous losses in World War II to astound the world by producing innovative, high-quality products at low prices, are serving as the

Protectionism, often refuted and seemingly abandoned, has returned, and with a vengeance. The Japanese, who bounced back from grievous losses in World War II to astound the world by producing innovative, high-quality products at low prices, are serving as the convenient butt of protectionist propaganda. Memories of wartime myths prove a heady

The New York Times, February 2, 1971 The New Libertarian Creed Recently a great deal of publicity has been given to a burgeoning split in the right wing, a split between the dominant Buckley- National Review conservatives and the new libertarians. In their breakaway, the libertarians, who are strong on college campuses and generally among the

May 8, 1999 is the centenary of the birth of F.A. Hayek: The death of F.A. Hayek at the age of 92 marks the end of an era, the Mises-Hayek era. Converted from Fabian socialism by Ludwig von Mises’s devastating critique, Socialism , in the early 1920s, Hayek took his place as the greatest of the glittering generation of economists and social

The War on Yugoslavia has unleashed an unprecedented amount of anti-American sentiment. This is invariably accompanied by the tried-and-true method of political protest: flag burning. Who has the right to burn flags and under what conditions? Murray N. Rothbard sorts it all out in his classic article, The Flag Flap . James Bovard notes the irony

THE FREE MARKET, Volume 5, Number 8, August 1987 Alan Greenspan: A Minority Report By Murray N. Rothbard The press is resounding with acclaim for the accession to Power of Alan Greenspan as chairman of the Fed; economists from right, left, and center weigh in with hosannas for Alan’s greatness, acumen, and unparalleled insights into the “numbers.”

For anyone who thinks of Murray Rothbard as only an economic theorist or political thinker, these four spectacular volumes are nothing short of shocking. They offer a complete history of the Colonial period of American history through the Revolutionary War, a period lost to students today, who are led to believe American history begins with the US

[This is chapter 33 from Rothbard’s 4-volume history of colonial America, Conceived in Liberty . Listen to the audio version .] We have touched several times, especially in dealing with religious doctrines and institutions, upon the growth of libertarian views in eighteenth-century America. This extremely significant development was not a

Perhaps the leading argument for democracy is that it substitutes “ballots for bullets”: that it replaces the inconvenient and disruptive processes of violent change by peaceful changes expressing the majority will. Some democrats have defined democracy as majority rule, while others have placed on this rule the limitation that minorities must

[Originally appeared in Left and Right , Spring 1965, pp. 4-22.] The Conservative has long been marked, whether he knows it or not, by long-run pessimism: by the belief that the long-run trend, and therefore Time itself, is against him, and hence the inevitable trend runs toward left-wing statism at home and Communism abroad. It is this long-run