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The American Empire

The Roman Empire never doubted that it was the defender of civilization. Americans have added freedom and democracy. Yet the more that may be added to it the more it is the same language still. A...

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How Do We Calculate Value?

Judgments of value do not measure: they arrange, they grade. If he relies only on subjective valuation, even isolated man cannot arrive at an economic decision based on more or less exact computations...

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The Economics of War

In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings and investment are among the worst.

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Not Yours to Give

"The power of collecting and disbursing money at pleasure is the most dangerous power that can be intrusted to man. You will very easily perceive what a wide door this would open for fraud and...

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Intellectuals and Socialism

In every country that has moved toward socialism, the phase of the development in which socialism becomes a determining influence on politics has been preceded by a period during which socialist...

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Benedict XVI: A Life

Peter Seewald has published an extensive biography of Pope Emeritus Benedict XVI, which will be of special interest to all supporters of the Austrian school and lovers of liberty who, whether...

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That Which Is Seen, and That Which Is Not Seen

In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects.

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Why the Worst Get on Top

The unscrupulous are likely to be more successful in a society tending toward totalitarianism.

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Murray N. Rothbard: A Legacy of Liberty

While upholding the radical ideal, Rothbard happily cooperated with anyone who wanted to limit government power, no matter how gradually. The perfect was never the enemy of the good in his mind; the...

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The Myth of Democratic Socialism

Rothbard illustrates that both in theory and in practice, socialism is a system unsurpassed in brutality, despotism, mass murder and exploitation. Socialism deserves no solemn respect or moral salute.

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