[A selection from Power and Market .] By Murray N. Rothbard Laborers may also ask for geographical grants of oligopoly in the form of immigration restrictions . In the free market the inexorable trend is to equalize wage rates for the same value-productive work all over the earth. This trend is dependent on two modes of adjustment: businesses
Volume 11, Number 2 (Summer 1990) Murray N. Rothbard is interviewed on various economic concepts, Ludwig von Mises, and many of his articles and books.
Volume 11, Number 2 (Summer 1990) Murray N. Rothbard is interviewed on various economic concepts, many of his articles and books, and Ludvig von Mises.
The Journal of Libertarian Studies has been founded not simply to provide an outlet for scholarship and research that may be unpopular in a particular discipline. It is the belief that there is a new and growing interdisciplinary discipline—libertarianism—enriched by contributions in each of the particular and seemingly isolated fields that study
Robert Nozick’s Anarchy, State, and Utopia (New York: Basic Books, 1974) is an “invisible hand” variant of a Lockean contractarian attempt to justify the State, or at least a minimal State confined to the functions of protection. Beginning with a free-market anarchist state of nature, Nozick portrays the State as emerging, by an invisible hand
The Free Market 8, no. 6 (June 1990) Riots in the streets; protest against a hated government; cops arresting protesters. A familiar story these days. But suddenly we find that the protests are directed, not against a hated Communist tyranny in Eastern Europe, but against Mrs. Thatcher’s regime in Britain, a supposed paragon of liberty and the
The Free Market 8, no. 7 (July 1990) He had been widely touted by the American media as the savior of Peru from hyperinflation and from the dangers posed by the current socialistic Garcia regime as well as the fanatical Maoist-type guerrillas who call themselves “The Shining Path.” Mario Vargas Llosa, tall, aristocratic, eminent avant-garde
The Free Market 8, no. 9 (September 1990) The “partnership of government and business” is a new term for an old, old condition. We often fail to realize that the point of much of Big Government is precisely to set up such “partnerships,” for the benefit of both government and business, or rather, of certain business firms and groups that happen
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.