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Rothbard, Murray N. “Left and Right: The Prospects for Liberty”  Left and Right  1, No. 1 (Spring 1965): 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

Murray Rothbard’s greatest contribution to the politics of freedom is back in print. Following up on Mises’s demonstration that a society without private property degenerates into economic chaos, Rothbard shows that every interference with property represents a violent and unethical invasion that diminishes liberty and prosperity. First published

The master teacher of American economic history covers money and banking in the whole of American history, to show that the meltdown of our times is hardly the first. And guess what caused them in the past? Paper money, loose credit, reckless lending standards, government profligacy, and central banking When will we learn? When people understand

[Murray Rothbard wrote this in 1956. It originally appeared in the Southern Economic Journal (January 1957) and was reprinted in Rothbard’s, The Logic of Action One (1997) and Economic Controversies (2011).] The stimulating methodological controversy between Professors Machlup and Hutchison proves that there are sometimes more than two sides to

Book Club Discussion Guide In For a New Liberty: The Libertarian Manifesto , Rothbard proposes a once-and-for-all escape from the two major political parties, the ideologies they embrace, and their central plans for using state power against people. Libertarianism is Rothbard’s radical alternative that says state power is unworkable and immoral

What is it about today’s school system that so many find unsatisfactory? Why have generations of reformers failed to improve the educational system, and, indeed, caused it to degenerate further and further into an ever declining level of mediocrity? In this radical and scholarly monograph, out of print for two decades and restored according to the

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

Click here for Conceived in Liberty, Volume 5: The New Republic: 1784–1791 There’s never been a better time to remember the revolutionary and even libertarian roots of the American founding, and there’s no better guide to what this means in the narrative of the Colonial period than Murray Rothbard. For anyone who thinks of Murray Rothbard as only

Murray Rothbard was not just a remarkable economist and political thinker, but one of the best revisionist historians of the twentieth century. One of his greatest career accomplishments was  Conceived in Liberty , a masterful analysis of the libertarian origins of the American Revolution and the founding of the United States. Written with his

Murray Rothbard was the master of reducing complicated theories to their very essence while retaining theoretical rigor, and this essay is a case in point. It was written in 1969 and published in the form of a tiny book that achieved a huge circulation. It has not been in print since that time, but it is now back in this new release. Its continued