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Murray Rothbard argued in The Ethics of Liberty in 1982 that taxation is theft and that tax resistance is therefore legitimate: "Just as no one is morally required to answer a robber truthfully when he asks if there are any valuables in one's house, so no one can be morally required to answer truthfully similar questions asked by the state, e.g ...
Rothbard argued that all services provided by the "monopoly system of the corporate state" [15] could be provided more efficiently by the private sector and wrote that the state is "the organization of robbery systematized and writ large". [16] [17] [18] He called fractional-reserve banking a form of fraud and opposed central banking. [19]
According to Rothbard, increasing the supply of money confuses society's ability to calculate relative costs during the time of monetary expansion. This is because the money is not injected into all areas of the economy at once, resulting in what Rothbard describes as deceiving investors with "wasteful booms" and subsequent readjustments ...
Rothbard concluded that libertarianism had its roots in the political left, and therefore that libertarians of the Old Right would be better suited in alliance with the growing anti-authoritarianism of the New Left. As Rothbard put it in the opening editorial of the journal: "Our title, Left and Right, reflects our concerns in several ways. It ...
Man, Economy, and State: A treatise on economic principles is a 1962 book of Austrian School economics by Murray Rothbard (orig. abridged ed.). [a] It was originally intended as a textbook form of Human Action by Ludwig von Mises, but became its own treatise after he realized original work was needed to flesh out Mises' ideas.
A History of Money and Banking in the United States is a 2002 book by economist Murray Rothbard, released posthumously based on his archived manuscripts. [1] The author traces inflations, banking panics, and money meltdowns from the Colonial Period through the mid-20th century.
Murray owned roughly 300,000 shares of Holding Inc. in April 2023, according to a D ... A former technology executive has pleaded guilty to a single count of fraud involving a scheme to ...
The Ethics of Liberty is a 1982 book by American philosopher and economist Murray N. Rothbard, [1] in which the author expounds a libertarian political position. [2] Rothbard's argument is based on a form of natural law ethics, [ 3 ] and makes a case for anarcho-capitalism .