Murray N. Rothbard (1926-1995)

Murray N. Rothbard (1926-1995) is a person.

• Context:
  • They can range from being an Austrian School Economist to being an Anarcho-Capitalist Philosopher, depending on their historical period.
  • They can range from being a Political Theorist to being a Movement Leader, based on their social impact.
  • They can range from being an Economic Historian to being a Political Activist, reflecting their career evolution.
  • They can be known for Murray Rothbard Publications, such as: "Anatomy of the State", "The Ethics of Liberty", "What Has Government Done to Our Money?".
  • They can be known for Murray Rothbard Quotes, such as:
    • "It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.'" which emphasizes the importance of economic education.
    • "Taxation is theft, purely and simply even though it is theft on a grand and colossal scale." which expresses his view on government taxation.
    • "No action can be virtuous unless it is freely chosen." which reflects his philosophy on freedom and morality.
    • "The State is that organization in society which attempts to maintain a monopoly of the use of force." which presents his critique of state power.
    • "Free-market capitalism is a network of free and voluntary exchanges." which defines his view of market systems.
  • ...
• Example(s):
  • Rothbard, 1940s, during his education at Columbia University.
  • Rothbard, 1950s, when he developed his anarcho-capitalist philosophy.
  • Rothbard, 1960s, as he established himself as a leading Austrian School theorist.
  • Rothbard, 1970s, when he helped found the Cato Institute.
  • Rothbard, 1980s, during the creation of the Mises Institute.
  • Rothbard, 1990s, as his influence spread within libertarian movements.
  • ...
• Counter-Example(s):
  • John Maynard Keynes (1883-1946).
  • Paul Samuelson (1915-2009).
  • Milton Friedman (1912-2006).
• See: Austrian Economics, Anarcho-Capitalism, Libertarianism, Economic Theory, Political Philosophy.

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References

2024

• (Wikipedia, 2024) ⇒ https://en.wikipedia.org/wiki/Murray_Rothbard Retrieved:2024-11-21.
  • Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertarian movement, particularly its right-wing strands, and was a founder and leading theoretician of anarcho-capitalism. He wrote over twenty books on political theory, history, economics, and other subjects. Rothbard argued that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by the private sector and wrote that the state is "the organization of robbery systematized and writ large". He called fractional-reserve banking a form of fraud and opposed central banking. He categorically opposed all military, political, and economic interventionism in the affairs of other nations. Rothbard led a "fringe existence" in academia, as described by his protégé Hans-Hermann Hoppe. Rothbard rejected mainstream economic methodologies and instead embraced the praxeology of Ludwig von Mises. Rothbard taught economics at a Wall Street division of New York University, later at Brooklyn Polytechnic, and after 1986 in an endowed position at the University of Nevada, Las Vegas. Partnering with the oil billionaire Charles Koch, Rothbard was a founder of the Cato Institute and the Center for Libertarian Studies in the 1970s. He broke with Koch and joined Lew Rockwell and Burton Blumert in 1982 to establish the Mises Institute in Alabama. Rothbard opposed egalitarianism and the civil rights movement, and blamed women's voting and activism for the growth of the welfare state. He promoted historical revisionism and befriended the Holocaust denier Harry Elmer Barnes. Later in his career, Rothbard advocated a libertarian alliance with paleoconservatism (which he called paleolibertarianism), favoring right-wing populism and describing David Duke and Joseph McCarthy as models for political strategy. In the 2010s, he received renewed attention as an influence on the alt-right.

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