rothbard

Only once Burns became so wrapped up in Washington politics that he could no longer care did Rothbard finally win out.

In any event, after discovering the writings of Hayek, I discovered Mises and Rothbard with the same sort of enthusiasm.

Chris Coyne and I attempt to highlight Rothbard's contributions to the economic analysis of socialism in theory and in practice here.

Those classes that Rothbard taught in his small New York classroom are now being broadcast around the world through iTunes and Mises. org.

Now let me make a few comments about Rothbard's dissertation.

Just as Burns became Greenspan's model, Mises had become Rothbard's model.

They had a similar background and upbringing, Greenspan of German-Jewish heritage and Rothbard of Russian-Jewish heritage.

Naturally, these views are anathema to modern Austrians in the tradition of Murray Rothbard, who think the central bank should be abolished.

Rothbard points out that corporations would exist in a free society, as they are simply the pooling of capital.

If Greenspan was the dreary undertaker, Rothbard was the happy warrior.

As Murray Rothbard observed, a bank that fails to meet its deposit obligations is just another insolvent, not an embezzler.

Now, I would like to turn back to Rothbard and his life.

Meanwhile, Rothbard chose to attend Columbia University.

First, per Hayek and supported by Rothbard, stop the credit creation and inflation.

This is why Murray Rothbard wrote that he was not only a scholar but a hero, an example to us all.

Natural-law anarcho-capitalism (as advocated by Rothbard) holds that a universal system of rights can be derived from natural law.

Ironically, Rothbard and Burns had known each other since childhood.

Some anarcho-capitalists, such as Rothbard, accept the nonaggression axiom on an intrinsic moral or natural law basis.

Rothbard left a grand vision of liberty united with science, an example of what it means to truly think long term.

Murray Rothbard put it another way: