Category Archives: Rothbard

What Has Government Done to Our Money

What Has Government Done to Our Money is a 107-page book by Murray Rothbard.  It was originally written in 1963 but has since been updated. Rothbard begins the book by pointing out that monetary policy is often driven by day-to-day … Continue reading

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Man, Economy, and State: Study Guide Answers Ch. 3

Chapter 3 – Indirect Exchange   Name two different problems with direct exchange. (pp. 187-88) A:  One problem with direct exchange is the lack of “coincidence of wants.”  Exchange can only take place in a direct exchange economy if two … Continue reading

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Man, Economy, and State: Study Guide Answers Ch. 2

Chapter 2 – Direct Exchange Do different praxeological laws apply to situations of isolation versus society? (p. 79) A:  No, the same praxeological laws apply.  Individuals in society seek to meet their needs simultaneously. What is Rothbard’s definition of society? … Continue reading

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Man, Economy, and State Study Guide Answers Ch. 1

These are my answers to the questions, which I have thoughtfully considered.  I would appreciate any feedback on these.  I’ll be releasing these one chapter at a time. Study Guide questions by Robert Murphy Chapter 1 – Fundamentals of Human … Continue reading

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For a New Liberty review, Part 3 (Ch. 10-15)

Ch. 10-12 The Public Sector Certain problems exist by nature of fallen men living in an inherently evil world.  Evil itself is one.  Government is one of man’s attempts at a solution to the problem of evil.  The organization of … Continue reading

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For a New Liberty review, Part 2 (Ch. 4-9)

Ch. 4 The Problems Rothbard’s list of the problems of society is a predictable list of almost every major area government is involved.  Highlights of his list include the nationalization of television and radio, and a critique of the military … Continue reading

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For a New Liberty review, Part 1 (Ch. 1-3)

Rothbard was at one time known as “The State’s Greatest Living Enemy.”  In his manifesto, “For a New Liberty,” he leaves no doubt as to why.  He exposes the State as coercive and inherently evil, yielding to it no legitimate … Continue reading

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