One of the “legacies” of works like Howard Zinn’s A People’s History of the United States is its treatment of Native Americans. People like Zinn accuse explorers and colonists of racial hatred and hostility, resulting in horrific massacres of Native Americans. He portrayed Native American societies as peaceful and environmentally conscious. This has become the mainstream perspective. But it does not reflect reality.

Murray Rothbard and David Friedman exemplify contrasting styles of libertarian thought, Rothbard argues from principles, while Friedman tends to avoid fixed rules, ever-alert to the benefits and costs of various policies. You will not be surprised that I prefer Rothbard’s approach, but Friedman’s inventive mind merits praise. Despite their different styles of thought, both converged in holding that a non-interventionist foreign policy is best for America, and for a similar reason: the state does things badly.

“A dollar saved in 1913 retains roughly $0.03 of its original purchasing power. The M2 money supply has expanded from approximately $15 billion to over $21 trillion...” 

If Iranian authorities kill protestors, the US will ‘come to their rescue’, Trump says.

While Rothbard masterfully handled the economic history of both the Panic of 1819 and the Great Depression, as well as contributing to