Biographies

Rothbard shows that Gresham’s law was introduced not by Sir Thomas Gresham but by the “arrogant, boorish, and feisty” Sir Thomas

The Memoranum did not only denounce debasement and call for a high-valued currency, but it also enunciated "Gresham's law" that the cause of a shortage of gold coin in England was the legal undervaluation of gold.

Jeffrey Tucker interviews Mark Thornton, senior fellow at the Ludwig von Mises Institute, and editor of the new translation of Richard Cantillon&#8

Rothbard’s vast published output does not exhaust his thinking and writing.

Fahrenheit 451 acknowledges that powerful impulses toward mindless conformity and suppression of deviation exist in the population itself — that, on a deep level, many, many people want to be "protected" by the state from the risk of being offended and from the necessity of thinking for themselves.

"This is firsthand experience of the truth of Mises's argument against socialism: that without market prices for factors of production, there is no intelligent or rational way to organize society."

These documents are a joyful alternative career of Rothbard’s writings and research, and as such inherently one of the most valuable (and mos

it is only when great and good men are at the head of a nation that the people can expect to succeed in forming such barriers to counteract recent encroachments on their rights; and whenever a nation is so supine as to suffer such an opportunity to be lost, they will soon feel that the danger was not over.

But the most effective mechanism ever devised for making effective pooling of our faculties as easy as it can be — the free market — is also the natural result of reducing general laws to a bare minimum and leaving people free to make their own choices about their own values.

Men of influential and privileged status are rarely inclined to toss all their privileges aside to engage in the lonely and dangerous task of worki