Wall Street, Banks, and American Foreign Policy

Murray N. Rothbard

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.

Wall Street, Banks, and American Foreign Policy by Rothbard

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Meet the Author
Murray N. Rothbard
Murray N. Rothbard

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.

Mises Wire Murray N. Rothbard
[ Editor’s note: In this article, originally published in October 1984, Murray Rothbard critiques a problem with the economics of Republicans and conservatives. Namely, its proponents think they can...
Mises Wire Murray N. Rothbard
[This article is adapted from Murray Rothbard’s 1977 keynote address to the Libertarian Party.] I used to think that adopting the victory of liberty as the overriding goal must be almost self-evident...
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References

World Market Perspective, 1984; Center for Libertarian Studies, 1995. Mises.org 2005. 2nd edition, 2011