AERC 2026

Murray N. Rothbard and the Truth About Central Banking

Tags: Monetary Theory, The Fed, Inflation

03/27/2026 Murray Sabrin

Drawing on Rothbard’s writings on money and central banking, Murray Sabrin makes the case that inflation is a hidden tax, the Federal Reserve is neither independent nor beneficial, and that ending central banking is the unfinished business of the American Revolution.

Part of the faculty panel entitled “What Rothbard Can Teach the Informed Layperson About Economics”.

The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition.

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member