Murray Rothbard
Murray Rothbard was an American economist, historian, and political theorist who was a leading figure of the Austrian School and the libertarian movement. He developed the theory of the anarcho-capitalism.
Early Life and Education
Rothbard was born in 1926 in the Bronx, New York. His family were the Jewish immigrants from Poland and Russia.
He studied mathematics and economics at Columbia University. He took his doctorate in economics in 1956.
He was influenced by the Austrian School of the economics. He studied with Ludwig von Mises and became his leading disciple.
The Austrian Economics and the Libertarianism
Rothbard wrote the treatise Man, Economy, and State in 1962. The work sets out the principles of the Austrian economics.
He developed the theory of the anarcho-capitalism. The theory holds that the market can provide the law and the security without the state.
He argued for the absolute property rights and the non-aggression principle. The principle holds that the initiation of the force is immoral.
He criticised the government and the central banking. He advocated for the abolition of the state and the private provision of the services.
The Political Activism and the History
Rothbard was involved in the libertarian political movements. He was one of the founders of the libertarian tradition in the United States.
He wrote the book America's Great Depression and the history of the economic thought. The works set out the Austrian account of the business cycle.
He edited the journal and the publications of the movement. He was the mentor of the many libertarian scholars and the politicians.
He taught at the Polytechnic Institute of New York and the University of Nevada, Las Vegas. He trained a generation of the libertarian economists.
The Legacy
Rothbard died in 1995 in New York. He was one of the most influential of the libertarian thinkers.
The Mises Institute and the other institutions continue his work. The scholarships are named in his honour.
He was a prolific writer and the author of the many books and the articles. The works cover the economics and the history and the philosophy.
He is regarded as the founder of the anarcho-capitalism. His work continues to shape the libertarian and the Austrian traditions.
The Austrian Economics
Rothbard wrote the treatise Man, Economy, and State in 1962. The work sets out the principles of the Austrian economics.
He studied with Ludwig von Mises and became his leading disciple. He was a prolific writer and a teacher.
He developed the theory of the anarcho-capitalism.
The Anarcho-Capitalism
Rothbard argued for the abolition of the state. He held that the market can provide the law and the security.
He argued for the absolute property rights and the non-aggression principle. The principle holds that the initiation of the force is immoral.
He criticised the government and the central banking.
The History and the Politics
Rothbard wrote the book America's Great Depression. The book sets out the Austrian account of the business cycle.
He wrote the history of the economic thought. The works cover the many centuries of the ideas.
He was one of the founders of the libertarian tradition in the United States.
The Activism
Rothbard was involved in the libertarian political movements. He edited the publications of the movement.
He was the mentor of the many libertarian scholars. He trained a generation of the economists.
He taught at the Polytechnic Institute of New York and the University of Nevada.
The Writings
Rothbard wrote the book For a New Liberty in 1973. The book sets out the libertarian manifesto.
He wrote the book The Ethics of Liberty. The work sets out the moral foundations of the liberty.
He was a prolific writer and the author of the many books.
The Legacy
Rothbard died in 1995 in New York. He was one of the most influential of the libertarian thinkers.
The Mises Institute continues his work. The scholarships are named in his honour.
He is regarded as the founder of the anarcho-capitalism.
The Personal Life
Rothbard married Joey Rothbard in 1953. The marriage lasted until her death.
He was known for his energy and his wide range of interests. He wrote on the economics and the history and the politics.
He died in 1995 and was remembered as one of the most influential of the libertarian thinkers.
The Influence
Rothbard was one of the founders of the modern libertarian movement. The ideas influenced the political and the economic debate.
He was the mentor of the many scholars and the politicians. The movement continues to promote the ideas.
He was a prolific writer and a gifted teacher.
See also
- Austrian School
- Libertarianism
- Anarcho-capitalism
- Free market