Power and Market: Government and the Economy

Business & Money

MURRAY N. ROTHBARD

Murray Rothbard

Economics

Sheed, Andrews, and McMeel

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The appearance of the famous (and massive) volumes of Rothbard's History of Economic Thought in a new edition is cause for great celebration. They have been out of print for many years, and were previously only available at a price exceeding $200 for the set. They are at last accessible again, in beautiful hardcover, and at an affordable price.
 In Economic Thought Before Adam Smith, Murray Rothbard traces economic ideas from ancient sources to show that laissez-faire liberalism and economic thought itself began with the scholastics and early Roman, Greek, and canon law. He celebrates Aristotle and Democritus, for example, but loathes Plato and Diogenes. He is kind toward Taoism and Stoicism. He is no fan of Tertullian but very much likes St. Jerome, who defended the merchant class. Now, that takes us only to page 33, just the beginning of a wild ride through the middle ages and renaissance and modern times through 1870.
 Rothbard read deeply in thinkers dating back hundreds and thousands of years, and spotted every promising line of thought — and every unfortunate one. He knew when an idea would lead to prosperity, and when it would lead to calamity. He could spot a proto-Keynesian or proto-Marxist idea in the middle ages, just as he could find free-market lines of thought in ancient manuscripts.
 Many scholars believe this was his most important work. The irony is that it is not the work it was supposed to be, and thank goodness. He was asked to do a short overview of the modern era. He ended up writing more than 1,000 pages of original ideas that remade the whole of intellectual history up through the late 19th century. 
 Once Rothbard got into the project, he found that most all historians have made the same error: they have believed that the history of thought was a long history of progress. He found that sound ideas ebb and flow in history. So he set out to rescue the great ideas from the past and compare them with the bad ideas of the "new economics." 
 His demolition of Karl Marx is more complete and in depth than any other ever published. His reconstruction of 19th-century banking debates has provided enough new ideas for a dozen dissertations, and contemporary real-money reform. His surprising evisceration of John Stuart Mill is cause to rethink the whole history of classical liberalism. 
 Most famously, Rothbard demonstrated that Adam Smith's economic theories were, in many ways, a comedown from his predecessors in France and Spain. For example, Smith puzzled over the source of value and finally tagged labor as the source (a mistake Marx built on). But for centuries prior, the earliest economists knew that value came from within the human mind. It was a human estimation, not an objective construct. 
 Rothbard was a pioneer in incorporating the sociology of religion into the history of economic ideas. He saw that the advent of Christianity had a huge impact on the theory of the state. He observed the rise of absolutism and theory of nationalism that came with the reformation. He traced the changes in the Western view toward lending and interest payments over the course of a thousand years. 
 This set is a monument to Rothbard's genius, a resource that will be valuable to intellectuals for generations, and a great read too!

An Austrian Perspective on the History of Economic Thought (2 Vol. Set)

Ludwig von Mises Institute

Murray Rothbard was known as the state's greatest living enemy, and this book is his most succinct and powerful statement on the topic. He explains what a state is and what it is not. He shows how it is an institution that violates all that we hold as honest and moral, and how it operates under a false cover. He shows how the state wrecks freedom, destroys civilization, and threatens all lives and property and social well being, all under the veneer of "good intentions."

Anatomy of the State

Lulu

An important analysis of business cycle theory, what causes economic booms and busts and what options are available to combat them. Murray Rothbard's discussion of Austrian school business cycle theory appears in other books. However, what sets this book apart is the introduction by Robert Wenzel, who in the introduction provides a brief but extremely informative history of Austrian school economics and its relevancy in the modern day world.

Austrian School Business Cycle Theory

lulu.com

For a New Liberty: The Libertarian Manifesto

LARGE PRINT EDITION! More at LargePrintLiberty.com. A classic that for over two decades has been hailed as the best general work on libertarianism available. Rothbard begins with a quick overview of its historical roots, and then goes on to define libertarianism as resting "upon one single axiom: that no man or group of men shall aggress upon the person or property of anyone else." He writes a withering critique of the chief violator of liberty: the State. Rothbard then provides penetrating libertarian solutions for many of today's most pressing problems, including poverty, war, threats to civil liberties, the education crisis, and more.

Politics & Social Sciences

Philosophy

CreateSpace Independent Publishing Platform

The Betrayal of the American Right

LARGE PRINT EDITION! More at LargePrintLiberty.com  This remarkable piece of history will change the way you look at American politics. It shows that the corruption of American "conservatism" began long before George W. Bush ballooned the budget and asserted dictatorial rights over the country and the world. The American Right long ago slid into the abyss. Betrayal of the American Right is the full story, and the author is none other than Murray N. Rothbard, who witnessed it all first hand. He tells his own story and reveals that machinations behind the subversion of an anti-state movement into one that cheers statism of the worst sort. The book was written in the mid-1970s and is only now published for the first time. Each time a prospective publisher promised to go ahead, the deal fell through. Even so, it has been privately circulated for the 30 years since it was written - and everyone lucky enough to own a copy of the manuscript knew he had a treasure. People who have read it swear that it is the best account ever how the old right was subverted to become a propaganda branch of the state, not just recently but fifty years ago. So Rothbard's account is not only a critical historical document; it also has explosive explanatory power.

History

Americas

LARGE PRINT EDITION! More at LargePrintLiberty.com What can government do to enhance social and economic well being? Nothing, says Murray N. Rothbard. Power and Market contains the proof. It will inoculate the reader against the even the slightest temptation to invoke the state as a solution to any social or economic problem. It is ultimate manual for completely de-mystifying the myth of the state.This beautiful new edition is the first to truly do it justice.The Rothbardian claim is perhaps the most radical made in the history of political economy. But how can it be convincing? What must an author do to back up this claim?Here is what Rothbard did. He systematically classified every form of intervention into three types: autistic, binary, and triangular. Within each category, he discusses their ill effects, and does so with precision and insight. Free market scholars have been using and expanding on his insights for years. But in this book we have the source.He is like an expert house inspector examining the edifice of the state. Brick by brick, nail by nail, he shows that it is fundamentally unsound. The seeming edifice is really a house of cards.This book is the ideal answer to the person who says: "I favor free markets but…." and then proceeds to advocate some intervention they believe to be helpful. Rothbard shows that it is not helpful, no matter what it is. And he provides the logic for understanding how all forms of government aggression make society worse off.Some of the topics covered: price control, compulsory cartels, licenses, quality standards, safety precautions, tariffs, child labor laws, conscription, subsidies to unemployment, subsidies to employment, base-point pricing bans, conservation, antitrust laws, patents, public utilities, eminent domain, wage taxes, corporate taxes, capital gains taxes, property taxes, progressive taxes, the single tax, government ownership of anything, and all forms of government spending.Within each category he lays out the rationale for why the measure must fail.

Power & Market: Government and the Economy

Left and Right: A Journal of Libertarian Thought (Complete, 1965-1968)

Pocket Edition! This edition includes an introduction by Lew Rockwell. In For a New Liberty: The Libertarian Manifesto, Rothbard proposes a once-and-for-all escape from the two major political parties, the ideologies they embrace, and their central plans for using state power against people. Libertarianism is Rothbard's radical alternative that says state power is unworkable and immoral and ought to be curbed and finally abolished. To make his case, Rothbard deploys his entire system of thought: natural law, natural rights, Austrian economics, American history, the theory of the state, and more. It is relentless, scientific, analytical, and morally energetic a book that makes an overwhelming case. Indeed, it gave an entire movement its intellectual consciousness and earned Rothbard the titles "Mr. Libertarian" and "The State's Greatest Living Enemy." 
 Society without the nation-state? Rothbard shows that this is the way for peace, prosperity, security, and freedom for all. In the entire history of libertarian ideas, no book has more successfully combined ideological rigor, theoretical exposition, political rhetoric, historical illustration, and strategic acumen. Rothbard poured a lifetime of research and all his intellectual energy into this project and he succeeded in writing a classic. 
 The book is the result of the only contract Rothbard ever received from a mainstream commercial publisher. He was asked to sum up the whole of the libertarian creed. Looking at the original manuscript, which was nearly complete after its first draft, it seems that it was a nearly effortless joy for him to write. It is seamless, unrelenting, and full of life. 
 He cut no corners and pulled no punches. It appeared in 1973 and created a whole movement that set out to crush the political monopoly. 
 From the day the book went out of print, the phone calls and emails started coming into our offices, hopeful of a new edition. Thanks to benefactors who have made it possible, this new edition from the Mises Institute is hardbound, beautiful, and affordable. 
 In subject after subject, this book is informative, bracing, and challenging. It also features the characteristically clear writing style for which Rothbard is famous, which stemmed from his organized thinking and passionate drive to teach and change the world. 
 The book begins with American history to show that the revolution of 1776 was the most libertarian of any in history. The pastors, pamphleteers, and statesmen who led it held that the state has no rights that the people themselves do not possess. They demanded full liberty, not some truncated version that existed in the old world. In this discussion, the reader comes to appreciate the founders of the United States of America as never before. 
 Rothbard then sets out to rekindle that fire, first through a discussion of the philosophy and ethics of freedom. The central axiom: no man or group of men may aggress against the person and property of anyone else. He justifies the axiom on the basis of natural rights. It is an axiom that has few opponents, until Rothbard spells out its implications: taxation is theft, conscription is slavery, and war is mass murder, among many other points. 
 Bracing indeed! But the state is the primary violator of this simple axiom. It presumes the right to rob and kill while purporting to protect us from robbing and killing. Thus follows a full theory of the state, how it gains and maintains controls over the population (but not through a social contract !), the various failed methods for keeping it in check (not even constitutions work!), its operations and tendencies to work its evil (it never has enough power), and how intellectuals become co-opted by the forces of state power.

Politics & Government

See the best price to sell, buy, or rent books by Murray Rothbard. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Murray Rothbard

See the best price to sell, buy, or rent books by Murray Rothbard. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Power and Market: Government and the Economy

Power and Market: Government and the Economy

An Austrian Perspective on the History of Economic Thought (2 Vol. Set)

Anatomy of the State

Austrian School Business Cycle Theory

For a New Liberty: The Libertarian Manifesto

The Betrayal of the American Right

Power & Market: Government and the Economy

Left and Right: A Journal of Libertarian Thought (Complete, 1965-1968)

For a New Liberty: The Libertarian Manifesto