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I have thus far found the Mystery of Banking to be an amazing book on the dynamics of the money system. But Rothbard's description of the fractional reserve system does not jive with what I have been taught and this definition becomes essential later on when he explains why fractional reserve banking...
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CShirk , You ask, "where do you intend to raise an army?" Government is not necessary for raising armies, counter to your claim. History, indeed, shows your claim to be incorrect. Not only was an army raised in the American colonies under virtually no American government, against the will of...
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I know Rothbard never finished the fifth edition, but still, any chance that what he did write will be released?
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A couple days ago, I wrote a small piece about a small problem I had with an otherwise good essay titled "Anarcho-Communism" by Murray Rothbard. Essentially, the point I make is that in a laissez-faire society, we anarcho-communists would have no ethical objection to allowing those-who-wished...