Other Schools of Thought

Here is Murray N. Rothbard's 1968 demolition of trends in conservative thought, as printed in Ramparts magazine.

Mainstream academic economists believe that we advance economics by "testing" theories. Austrian economists believe economics is about understanding human action and does not have to be subjected to constant tests.

On Keynes's book has been founded a new economic church, completely furnished with all the properties proper to a church, such as a revelation of its own, a rigid doctrine, a symbolic language, a propaganda, a priestcraft, and a demonology.

Fascism cartelizes the private sector and denies fundamental rights and liberties to individuals. This describes mainstream politics.

In the 1950s, young libertarians coming into the ranks were increasingly infected with the Cold War mentality. They were converted to militarism instead of laissez-faire. 

Libertarians must form and maintain organizations not only to promote their broad principles but to promote these principles in special fields.

An advisor of Richard Nixon and a friend of most Administration economists, Friedman has, in fact, served the regime as a sort of leading unofficial apologist for Nixonite policy.

The misuse of science occurs when the scientist—who is competent in a special field—seeks to use his status to influence fields where he is not competent.

Out of false theories of employment, money, and interest, Keynes has distilled a fantastically wrong theory of capitalism and of a socialist paradise erected out of paper money.

Throughout history groups of men calling themselves 'the government' have attempted to gain a compulsory monopoly of the commanding heights of the economy and society.