The Essential Rothbard
16. Index
INDEX
A priori propositions, 15
Abbott, Lawrence, 85–87
Abortion rights, 108
Abrams, M.H., 99
Action axiom, 14–15, 30
Acton, Lord, 100
Adams, Brooks, 50
Adams, Henry, 49
Advertising, 86
Alienation, of property and of will, 90–91
American Revolution, 56, 59
Anarchism, 80, 100
communist, 102
individualist, 12–13, 124
market, 93–94
Aquinas, Thomas, 67
Aristotle
Nicomachean Ethics, 15
on exchange, 116
Arms budget, 96
Art, modern, 107
Articles of Confederation, 59–60
Austrian School of economics, 115
business cycle theory, 36, 42–44
structure of production, theory of 18,
value theory, 31
Baby-rights, 111
Backhouse, Roger, 121
Baconian methodology, 41
Bacon’s Rebellion, 56
Bank of England, 46
Bank, Keynesian World, 40
Banking
central, 38
deposit, 38
fractional reserve, 38
investment, 52–53
Beardian class-struggle thesis, 52
Becker, Carl, 56
Berlin, Isaiah, 64, 93
Bernardelli, Harro, 11
Black, Jr., Charles L., 73–75
Blackmail, 93
Block, Walter, 122
Boétie, Etiénne de la, 59
Böhm-Bawerk, Eugen von, 18
Boulding, Kenneth E., 110
Bourne, Randolph, 94
Britain, 53, 104
Brown, Norman O., 102
Browning, Robert, 124
Buchanan, James, 32–33, 75–79
Buchanan, Patrick, 108
Buckley, Jr., William F., 94–95
Buridan, Jean, 116
Burke, Edmund, 100
Burnham, James, 95
Burns, Arthur, 10, 10n, 41
Calhoun, John C., 75
Cantillon, Richard, 116
Capital goods, 43–44
Capitalism, 32
Caplan, Bryan 19
Cartel, One Big, 16
Catholic Church, 61, 114
Cato’s Letters, 58
Chamberlin, Edward, 17
Charity, 25
Chauncy, Charles, 57
Chicago School, 39, 45
Children, 93, 101
Choice, 110
Christianity. See Catholic Church; Protestantism; Pietism, postmillenial; Puritanism
Churchill, Winston, 123
Circle Bastiat, 123
Clark, John Maurice, 10
Coase, Ronald, 16, 123n
Coase theorem, 123
Coercion, 22–25, 32
Cohen, G.A., 91
Cold War, 95
Columbia University, 9
economics department, 10–11
Commons, John R., 62
Communism, 95
Competition, perfect, 78, 86
Competitive price, 17
Competition, “quality,” 86, 87
Conant, Charles, 50
Consent of the governed, 58 Conservatism, 94
Constitution, 75.
Consumer goods, 43–44
Consumption, 22
Contracts, 89–90
expectations theory of, 89
freedom of, 89
promise theory of, 89
Corruption, 81
Cost curves, 77
Counterfeiting, 38
Courts, 108
Credit expansion, 19, 37–38, 40, 42–45,
48, 54
Crédit Mobilier, 80–81
Creditors, 52
Dante Alighieri, 69
Debtors, 52
Deconstructionism, 35
Decretists, 66
Defense, provision of, 12
Demand
artificial, 32
curves, 17–18
deposits, 38
law of, 10
speculative, to hold money, 19–20
Democracy, 111–12
Democratic Party, 62
Demonstrated preference, 28 Depression, 44, 48. See also Great Depression
Development, industrial, 85
Dewey, John, 62–63
Disarmament, 96
Discounted Marginal Value Product
(DMVP), 24
Dissent, 73
Division of labor, 98–99
Dorfman, Joseph, 12, 52
Downs, Anthony, 79–80
Economic
calculation, 15–16, 31
regions, 84
Economics
capital theory, 18
deductive, 14, 30, 117
Keynesian, 18–21, 40, 83, 85
mathematics in, 15, 118
neoclassical, 15
price theory, 114, 119
rent theory, 18, 119
role of statistics in, 10
role of theory in, 9
subjectivist, 31, 115–16, 117
theory of value, 115, 117
utility theory, 11, 114
Walrasian, 35
welfare, 27, 111
Economy, plantation, 85
Efficiency, 29
Elasticity of demand, 17
Elitism, 74
Ely, Richard T., 62
Emanationism, 99
Entrepreneurs, 35, 82, 118
Equality, 71, 78, 97–98
of income, 23, 85
of opportunity, 23
Ethics
as distinct from political philosophy,
92–93
in economics, 26–27
objective, 64, 87, 107
unrealistic, 23
Exchange rates, floating, 40
Exchange, 116, 119–20
Exploitation, 120
Exports, 82–84
Externalities, positive, 28–29
Fact-value dichotomy, 64
Federal Reserve System, 39, 41, 45
creation of, 51–52
Feminism, 102
Ferguson, Thomas, 55
Fetter, Frank, 18
Feudal land tenure, 92
Fichte, Johann Gottlieb, 92n
Finney, Charles, 61
Firms, 16
First Bank of the United States, 51
Fisher, Irving, 21, 45
Fleming, Tom, 13n
Flynn, John T., 94
Fogel, Robert, 80–81
Foot, Philippa, 65
Force, 22–25, 32
Foreign policy, 94–96, 101
Foundation for Economic Education (FEE), 11
France, 104
Franklin, Benjamin, 61
Fraud, 38
Friedman, Milton, 11, 40, 45, 110
Galbraith, John Kenneth, 32
Garrett, Garet, 94
Georgism, 92
Germany, 103
Gold, 37
Gold exchange standard, 50, 54
Goods, 86
Gordon, Thomas, 57–58
Government “investment,” 22, 80–81
Government intervention, 22–25
triangular, 22
binary, 22, 24
Great Awakening, 61
Great Depression, 42–48
Gulf War, 105
Hamowy, Ronald, 123
Harper, F.A. “Baldy” 11
Hayek, Friedrich A., 30, 31, 36, 39, 68–71,
93
Hegel, G.W.F., 120
Hegelian mysticism, 33
Henry of Ghent, 66
Herbener, Jeffrey, 123
Historicism, 64
History
American, 55–63
economic, 41–55
Hitler, Adolph, 103–05
Hösle, Vittorio, 92n
Hoarding, 20–21,46
Hobbes, Thomas, 65, 114
Hobson, J.A.,49
Holism, 71
Holmes, Oliver Wendell, 89 Homesteading, 91
Hook, Sidney, 106
Hoover, Herbert, 42, 46–48
Hoppe, Hans-Hermann, 122
Huguccio, 66
Hülsmann, Jörg Guido, 123
Hume, David, 59, 64
Hurley, Susan, 24n
Hutchinson, Anne, 57
Hyperinflation, 40
Imperialism, 49–50
Income, distribution, 70
“level,” 23
Inflation, 19, 37–38, 40, 42–45, 48, 54. See
also Hyperinflation
Initiatives, 112
Innovations, 44
Institutionalist, school of economic theory,
9
Intellectuals
court, 58
revolutionary, 59
liberal, 71
Interest
money rate of, 43
“natural” rate of, 43
purchasing power component of, 2
pure time preference theory of, 18, 20
Investment, 82, 85
Isolationism, 95–96
Jackson, Andrew, 12
Jefferson, Thomas, 60
Jekyll Island (Georgia), 52
Johnson, Paul, 47–48
Judicial review, 74
Justice, 103
in taxation, 24, 118
provision of, 12
Kaffirs (South Africa), 99
Kantian philosophy, 15
Kauder, Emil, 114
Kendall, Willmoore, 57n, 71–73
Keynes, John Maynard, 18–20, 42, 48
Khrushchev, Nikita, 95
Klein, Peter G., 122
Knight, Frank, 18, 97
Knowledge, 31
Kramnick, Isaac, 100
Labor, theory of value, 119
Labor unions, 19, 92
Lachmann, Ludwig, 31
Laissez-faire, economics, 12
Lange, Oskar, 31
Lee, Richard Henry, 61
Left-libertarianism, 106 Leisler’s Rebellion, 56
Lenin, V.I., 49
Levellers, 57
Libertarian Party, 109
Liquidity preference, 20–21, 46
Loberal Left, 71–73
Locke, John, 57, 65, 67, 114–15
Lodge, Henry Cabot, 50
Logical positivism, 30
Lucas, Robert, 19
Luck, 24–25
Ludwig von Mises Institute, 122
Machiavelli, Niccolo, 65, 68, 113–14
Mahan, Alfred T., 50
Majority rule, 71–73
Marx, Karl, 49, 94, 98, 119–20
Marxism, 98, 119
theosophical background to, 120
Mathematics, 11n. See also Economics,
mathematics in
Mavrodes, George, 90
Mayhew, Jonathan, 57
Means-ends framework, 23, 87, 88 Mencken, H.L., 121
Menger, Carl, 36
Mercantilism, 83
Merit, 70
Meyer, Frank S., 95
Michelet, Jules, 49
Mill, James, 121
Mill, John Stuart, 121
Mises, Ludwig von, 7, 11, 14–15, 36, 39,
87–88,93, 117
Human Action, 11, 11n, 14
socialist calculation argument, 15, 31,
102, 123
Mitchell, Wesley Clair, 10, 10n
Modugno, Roberta, 63, 65
Molinari, Gustave de, 13
Monetarism, 45
Money, 36–40
as a commodity, 40
optimal quantity, 37
quantity theory of, 11
regression theorem of, 36–37
substitutes, 38
See also Inflation
Monopolistic competition, 10n, 17 Monopoly, 13, 17, 77
price, 17
Morality. See Ethics
Morgan, House of, 49, 51–55
Morton Trust Company, 50
Muckraking, 81
Munich Conference (1938), 104
Nafta, 112–13
Nagel, Ernest, 9–10, 9n, 10n, 30n, 76–77
Namier, Lewis, 55
National Bureau of Economic Research,
10,41
National Review, 100
Natural law, 65–67, 69
New Deal, 47
New Individualist Review, The, 14
New York University, 11
Nietzche, Friedrich, 93
Nihilism, 107
Nock, Albert Jay, 100
Norman, Montagu, 46, 54
North, Douglass, 82–85
Nozick, Robert, 29, 70, 89, 93, 124
Olivi, Pierre de Jean, 116 Oppenheimer, Franz, 100
O’Regan, Cyril, 121
Paine, Tom, 60–61
Parental neglect, 93
Pareto optimality, 27
Paterson, Isabel, 25
Phi Beta Kappa, 11
Physics, 30
Pietism, postmillenial, 61
Pocock, John, 115
Poland, 105
Polanyi, Karl, 99
Political philosophy, 87–94
Populism, 108
Positivism, 76–80
Pound, Roscoe, 89
Praxeology, 14, 23, 25, 30, 117
Price discrimination, 78
Price level, 45–46
Primitivism, 99
Progressivism, 62
Protectionism, 84
Protestantism, 114
Public Choice School, 32
Public goods, 32
Puritanism, 56–57
Raico, Ralph, 123
Raimondo, Justin, 109
Rational expectations, 20
Rationalism, 65, 68–69
Rawls, John, 24, 70
Read, Leonard, 11
Relativism, 64, 72
Rent control, 11
Republican Party, 62
Revolution, 58,73, 101
Ricardo, David, 118–19
Risk, 80–81
Robbery, 24
Robbins, Lionel, 42
Robinson, 17
Robinson, Edgar Eugene, 47
Rockefeller, banking group, 55
Rockwell, Jr., Llewellyn H., 122, 124
Rolph, Earl, 18
Romantic Era, 99
Roosevelt, Franklin D., 51
Roosevelt, Theodore, 49
Rothbard, David, 9, 10
Rothbard, JoAnn, 124
Rothbard, Murray N.
American history, 55–63
Aristotelian Neo-Thomist, 26
early years, 9–13
economic history, 41–55
history of economic thought, 113–22
intellectual range, 7
Logic of Action, The, 26–36
Man, Economy, and State, 14—21
money, 36–41
Panic of 1819, The, 12
Papers, 9n
political philosophy, 87–94
Power and Market, 22–25
Rothbard, Rae, 9
Rufinus, 66
Salamanca, School of, 116
Salerno, Joseph T., 122
Say, Jean-Baptiste, 117, 118 Schlesinger, Jr., Arthur, 12
Scholastic philosophy, 15
Schumpeter, Joseph, 35
business cycle theory of, 44
Scientism, 30, 82
Second Bank of the United States, 51
Sedlmayr, Hans, 107
Self-ownership, 66, 88–91
Sidney, Algernon, 57
Silver, 36 Sin, 61
Slavery, 89, 120
Smith, Adam, 116–17
“invisible hand,” 117
Social democracy, 105
Social Gospel, 62
Socialism, 15–16, 119
Socialist calculation argument, 15, 31, 102, 123
Socrates, 72–73
Soviet Union, 95, 104, 106
Speculation, 70
Spooner, Lysander, 7, 13
No Treason, 13
State, 100–01
origin of, 60–61
voluntary institution, 33
welfare, 61
States’ rights, 108
Statistics, 34
Stigler, George, 11
Strauss, Leo, 64–65, 67–68
Strong, Benjamin, 45–46, 54
Structure of production, 43
Subjectivism, 31, 115–16, 117
Supreme Court, 74–75, 112
Syme, Ronald, 55
Tariffs, 84–85
Taxation
coercive, 32, 118
flat, 34
level of, 24
loopholes, 34
progressive, 24
“voluntary,” 32–33
Tawney, R.H., 65
Technology, 44
Tierney, Brian, 65–66
Time preference, 18, 43–44
Trade
free, 112
international, 82–85
Transaction costs, 34
Trenchard, John, 57–58
Trotsky, Leon, 100
Tucker, Benjamin, 7, 13
Tullock, Gordon, 33,79
Turgot, A.R.J., 116
Unanimity, 33
Uncertainty, 31
Underemployment equilibrium, Keynesian, 19
Unemployment, 18–19, 46
Union Pacific, 81
Utilitarianism, 121
Utility, 115, 117
Value paradox, 115, 117
Villey, Michel, 66
Vitoria, Francisco, 67
Voegelin, Eric, 121
Volker Fund 14, 63
Voting, 80
Vouchers, school, 110
Wage rates, 19,42, 120
Wakefield, Edward Gibbon, 49
Wants, 86
War, 94–96, 101
Revolutionary, 56, 59
Washington, George, 59
Weber, Max, 114
Wertenbaker, Thomas Jefferson, 57
Wertfrei science, 88
Whately, Richard, 121
Whig view of history, 115
William Volker Fund, 14, 63
Williams, Roger, 57
Wilson, Joan Hoff, 47
Women’s movement, 102
World War I, 53
World War II, 103–05
Yankees, 61
