|Economics, Political economy, Anarchism, Natural law, Praxeology, Numismatics, Philosophy of law, Ethics, Economic history|
|Founder of Anarcho-capitalism, Rothbard's law, largely influenced Agorism|
Rothbard helped to create modern libertarianism, a political belief in less government and more personal freedom. He founded a form of free-market anarchism which he called "anarcho-capitalism". Rothbard believed society should organise itself, and he didn't like central planning.
Rothbard wrote over twenty books and was an important central figure in the American libertarian movement.
His ideas[change | change source]
Rothbard advocated the abolition of government control of society and the economy. He considered the monopoly force of government the greatest danger to liberty and the long-term well-being of the people. He called the state a "gang of thieves writ large — the most immoral, grasping and unscrupulous individuals in any society".
Rothbard thought that all services provided by monopoly governments could be provided more efficiently by the private sector. According to him, many regulations and laws passed "for the public interest" were self-interested power grabs by scheming government bureaucrats to make themselves look important. These schemes were not subject to market disciplines.
Rothbard was equally condemning of big business working with government. Business elites, he thought, used government's monopoly power so as to influence laws and regulatory policy to help themselves at the expense of their competitive rivals.
He argued that taxation was theft on a grand scale, backed by law. It was "a compulsory monopoly of force" which prevented the more efficient voluntary procurement of defense and judicial services from competing suppliers. He also argued against central banking and fractional reserve banking. A monopoly system where the government decides how much money to print is, to him, a form of state-sponsored, legalized financial fraud. It is against libertarian principles and ethics. Rothbard opposed military, political, and economic interferences in the affairs of other nations.
Books[change | change source]
- Man, economy, and state Full text; ISBN 0-945466-30-7 (1962)
- The panic of 1819. 1962, 2006 edition: ISBN 1-933550-08-2
- America's great depression. Full text ISBN 0-945466-05-6. (1963, 1972, 1975, 1983, 2000)
- What has government done to our money? Full text / Audio Book ISBN 0-945466-44-7 (1963)
- Economic depressions: causes and cures (1969)
- Power and market. ISBN 1-933550-05-8. (1970) restored to Man, economy, and state ISBN 0-945466-30-7, 2004
- Education: free and compulsory. ISBN 0-945466-22-6 (1972)
- Left and Right, selected essays 1954-65 (1972)
- For a new liberty: the libertarian manifesto Full text / Audio book ISBN 0-945466-47-1 (1973, 1978)
- The essential von Mises (1973)
- The case for the 100 percent gold dollar. ISBN 0-945466-34-X Full text / Audio Book (1974)
- Egalitarianism as a revolt against nature and other essays ISBN 0-945466-23-4 (1974)
- Conceived in liberty 4 vols ISBN 0-945466-26-9 (1975-79)
- Individualism and the Philosophy of the Social Sciences. ISBN 0-932790-03-8 (1979)
- The ethics of liberty Full text / Audio Book ISBN 0-8147-7559-4 (1982)
- The mystery of banking ISBN 0-943940-04-4 (1983)
- Ludwig von Mises: scholar, creator, hero. OCLC 20856420 (1988)
- Freedom, inequality, primitivism, and the division of labor. Full text included as Chapter 16 in Egalitarianism above (1991)
- The case against the Fed. ISBN 0-945466-17-X (1994)
- An Austrian perspective on the history of economic thought 2 vols ISBN 0-945466-48-X (1995)
- Wall Street, banks, and American foreign policy. Full text with an introduction by Justin Raimondo. (1995)
- Making economic sense. ISBN 0-945466-18-8 (1995, 2006)
- Logic of action 2 vols ISBN 1-85898-015-1 and ISBN 1-85898-570-6 (1997)
- The Austrian theory of the trade cycle and other essays. ISBN 0-945466-21-8 (also by Mises, Hayek, & Haberler)
- Irrepressible Rothbard: the Rothbard-Rockwell report: essays of Murray N. Rothbard. Full Text ISBN 1-883959-02-0 (2000)
- A history of money and banking in the United States. ISBN 0-945466-33-1 (2005)
- The complete Libertarian Forum 2 vols Full text ISBN 1-933550-02-3 (2006)
- The betrayal of the American Right. ISBN 978-1-933550-13-8 (2007)
Related pages[change | change source]
Notes[change | change source]
- Miller, David, ed. (1991). Blackwell encyclopaedia of political thought. Blackwell Publishing. ISBN 0-631-17944-5.
- Wendy McElroy. "Murray N. Rothbard: Mr. Libertarian". Lew Rockwell. July 6, 2000.
- Noce, Jaime E. & Miskelly, Matthew 2002. Anarchism: political theories for students. Gale. p7
- Ronald Hamowy, Editor, The encyclopedia of libertarianism, p 441.
- The ethics of liberty, Murray Rothbard
- Hans-Hermann Hoppe. "The Ethics of Liberty". Ludwig von Mises Institute.
- Repudiating the National Debt, Murray Rothbard
- To save our economy from destruction, Murray Rothbard
- The Great Society: a libertarian critique, Murray Rothbard
- The noble task of revisionism, Murray Rothbard
- The fallacy of the 'public sector', Murray Rothbard
- For a new liberty, Chapter 3
- Tax day, Murray Rothbard
- By 'fractional reserve banking' is meant banks who do not keep enough reserves to cover their debts.
- Rothbard, Murray. The mystery of banking Ludwig von Mises Institute. 2008. p. 111
- "Has fractional-reserve banking really passed the market test? (Controversy)". Independent Review. January 2003.
- The Case for the 100% Gold Dollar, Murray Rothbard
- See also Murray Rothbard articles: Private Coinage; Repudiate the National Debt; and Taking money back
- Rothbard on War, excerpts from a 1973 Reason Magazine article and other materials, published at Antiwar.com, undated.
- Murray N. Rothbard For a new liberty, p. 265.
Other websites[change | change source]
|Wikiquote has a collection of quotations related to: Murray Rothbard|
- Murray N. Rothbard Library and Resources
- Murray N. Rothbard Media Archive at Mises.org
- BlackCrayon.com: People: Murray Rothbard
- Chronological Bibliography of Murray Rothbard
- The Complete Archives of The Libertarian Forum, written about twice a month between 1969 and 1984.
- Sociology of the Ayn Rand Cult (pamphlet published by the Center for Libertarian Studies)
- A 1972 New Banner interview with Murray Rothbard
- A 1990 interview with Murray Rothbard
- Murray Rothbard Institute, Belgium