Rothbard shows how money must originate from a commodity. In an ideal system, a dollar would be a unit of weight, and paper money would operate strictly as warehouse receipts for the stock of the monetary metal. There would be no fractional reserve banking. Rothbard offers a rebuttal to the objections to a 100 percent gold dollar raised by Professor Leland Yeager.
No content found
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.
Rothbard lays bare the truth: peace serves people, war serves the state.
Our taxes are due today. It‘s a reminder that we must get past the tax reformers’ favorite ploy of revenue neutrality.
The rereading of Atlas was ... important to the cult because the wooden, posturing, and one-dimensional heroes and heroines were explicitly supposed to serve as role models for every Randian.
Mises Institute, 2001
