Entrepreneurship

"Instead of spending time on adapting their product to the desires of consumers, homebuilders are busy adapting their homes to the code. Innovation is the victim."

It is natural to wonder what scholar today has inherited the mantle of Rothbard. To me this is the wrong way to look at it. Rothbard vastly broadened that mantle so that hundreds, thousands, and millions of people can wear it. 

Not only have they been mobilized for libertarian action and educated in libertarian ideas, including opposition to the public schools and the idea that taxation is theft, but the politicians have begun to knuckle under to their vociferous demands and actions.

It's been spend, spend, spend ever since. And as credit lines increased, so did the size of the ships.

With Man, Economy, and State, Mises concluded, "Rothbard joins the ranks of the eminent economists."

But because of his interaction with Robert LeFevre in Colorado in the '50s and '60s, libertarian ideas were among those he toyed with and dramatized in certain of his stories.

"But if peace meant disaster to the company, it also taught it an important lesson. A company that manufactured more rifles than it could sell to hunters, or to its own government, must seek foreign business."

"When something becomes illegal, consumer demand does not vanish."

Are we going to let government's wartime central planners control our lives 70 years after the fact?

Austrians offer a distinct and valuable approach to basic economic questions, an approach that should be central to research on theoretical and applied topics in economics and business administration.