Justin M. Ptak

Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost worthless. Something is wrong with this picture.

The revival of Austrian economics had roots in the Circle Bastiat group that met in New York City in the 1950s, among them Murray Rothbard and Ralph Raico.

Murray Rothbard was born 100 years ago this week and his time on earth was much too short. Yet in that time he was here, he added much to the intellectual foundations of economic thinking.