This fiery monograph shows a side of Murray Rothbard not seen in his theoretical treatise: his ability to employ “power elite” analysis to understand the relationship between money, power, and war.
Rather than allow the left to dominate this approach to history; Rothbard shows how wealthy elites are only able to manipulate world affairs via their connection to state power. Those mainstream historians might deride Rothbard’s history as a “conspiracy” approach, Rothbard himself is only out to show that world affairs are not random historical forces but the consequence of choices and paths chosen by real human beings.
Here he gives the grim details of how a network of banks, bond dealers, and Wall Street insiders have both favored war and profited from it.
The contents of this volume include a long and thoughtful introduction by Anthony Gregory and an afterword by Justin Raimondo.
Murray N. Rothbard made major contributions to economics, history, political philosophy, and legal theory. He combined Austrian economics with a fervent commitment to individual liberty.
Remembering Murray Rothbard on our imperialistic wars: "The true principle of isolationism is that the government should be isolated and people who trade, interchange, and engage in voluntary travel, migration, and so forth should be allowed to peacefully do so."
Remembering Murray Rothbard on our imperialistic wars: "The true principle of isolationism is that the government should be isolated and people who trade, interchange, and engage in voluntary travel, migration, and so forth should be allowed to peacefully do so."
In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings and investment are among the worst.
World Market Perspective, 1984; Center for Libertarian Studies, 1995. Mises.org 2005. 2nd edition, 2011
