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Rothbard
Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertarian movement and a founder and leading theoretician of anarcho-capitalism. He wrote over twenty books on political theory, history, economics, and other subjects. Rothbard argued that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by the private sector and wrote that the state is "the organization of robbery systematized and writ large". He called fractional-reserve banking a form of fraud and opposed central banking. He categorically opposed all military, political, and economic interventionism in the affairs of other nations. According to his protégé Hans-Hermann Hoppe, " ere would be no anarcho-capitalist movement to speak of without Rothbard". Libertarian economist Jeffrey ...
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Anarcho-capitalism
Anarcho-capitalism (or, colloquially, ancap) is an anti-statist, libertarian, and anti-political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property enforced by private agencies, the non-aggression principle, free markets and the right-libertarian interpretation of self-ownership, which extends the concept to include control of private property as part of the self. In the absence of statute, anarcho-capitalists hold that society tends to contractually self-regulate and civilize through participation in the free market, which they describe as a voluntary society involving the voluntary exchange of services and goods. In a theoretical anarcho-capitalist society, the system of private property would still exist and be enforced by private defense agencies and/or insurance companies selected by customers which would operate competitively in a market and fulfill the roles of courts and the ...
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Libertarianism In The United States
In the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as '' conservative'' on economic issues ( economic liberalism) and '' liberal'' on personal freedom ( civil libertarianism),Boaz, David; Kirby, David (October 18, 2006). ''The Libertarian Vote''. Cato Institute. often associated with a foreign policy of non-interventionism.Olsen, Edward A. (2002). ''US National Defense for the Twenty-First Century: The Grand Exit Strategy''. Taylor & Francisp. 182 . . Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of classical liberalism in the United States after liberalism associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New ...
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Richard Cantillon
Richard Cantillon (; 1680s – ) was an Irish-French economist and author of '' Essai Sur La Nature Du Commerce En Général'' (''Essay on the Nature of Trade in General''), a book considered by William Stanley Jevons to be the "cradle of political economy". Although little information exists on Cantillon's life, it is known that he became a successful banker and merchant at an early age. His success was largely derived from the political and business connections he made through his family and through an early employer, James Brydges. During the late 1710s and early 1720s, Cantillon speculated in, and later helped fund, John Law's Mississippi Company, from which he acquired great wealth. However, his success came at a cost to his debtors, who pursued him with lawsuits, criminal charges, and even murder plots until his death in 1734. ''Essai'' remains Cantillon's only surviving contribution to economics. It was written around 1730 and circulated widely in manuscript form, bu ...
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Paleolibertarianism
Paleolibertarianism (also known as the "Paleo strategy") is a libertarian political activism strategy aimed at uniting libertarians and paleoconservatives. It was developed by American anarcho-capitalist theorists Murray Rothbard and Lew Rockwell in the American political context after the end of Cold War. From 1989 to 1995, they sought to communicate libertarian notions of opposition to government intervention using messages accessible to working and middle-class people of the time. This approach, usually identified as right-wing populism, was intended to radicalize citizens against the state.«The word "paleolibertarian" was mine too, and the purpose was to recapture the political edge and intellectual rigor and radicalism of the pre-war libertarian right. There was no change in core ideology but a reapplication of fundamental principles in ways that corrected the obvious failures of the Reason and National Review crowd. ..To some extent, I would say the present decline in th ...
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Austrian School
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical School (based in Germany), in a dispute known as ''Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are t ...
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Center For Libertarian Studies
The Center for Libertarian Studies (CLS) was a libertarian and anarcho-capitalist oriented educational organization founded in 1976 by Murray Rothbard and Burton Blumert, which grew out of the Libertarian Scholars Conferences. That year, the conference was sponsored by industrialist and libertarian Charles Koch. It published the '' Journal of Libertarian Studies'' from 1977 to 2000 (now published by the Ludwig von Mises Institute), a newsletter (''In Pursuit of Liberty''), several monographs, and sponsors conferences, seminars, and symposia. Publications * Justin Raimondo, ''Reclaiming the American Right'' (1993). * Joseph Sobran, ''How I Got Fired by Bill Buckley'' (1994). * Justin Raimondo, ''Clinton's Hate Campaign Against the Right: the Oklahoma City Bombing and the Campaign to Crush Dissent'' (1995) * Murray Rothbard, ''Wall Street, Banks, and American Foreign Policy'' (1995). * ''The Rothbard-Rockwell Report'' (1990–1999); * Rockwell, Jr, Llewellyn H., editor, ''The Irre ...
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Frank Chodorov
Frank Chodorov (February 15, 1887 – December 28, 1966) was an American member of the Old Right, a group of conservative and libertarian thinkers who were non-interventionist in foreign policy and opposed to both the American entry into World War II and the New Deal. He was called by Ralph Raico "the last of the Old Right greats." Early life Born Fishel Chodorowsky on the Lower West Side of New York City on February 15, 1887, he was the eleventh child of Russian Jewish immigrants. He graduated from Columbia University in 1907, then worked at a number of jobs around the country. Working in Chicago (1912–17), he read Henry George's '' Progress and Poverty.'' Chodorov wrote that he "read the book several times, and each time I felt myself slipping into a cause." According to Chodorov: Henry George School In 1937, Chodorov became director of the Henry George School of Social Science in New York. There, he established (with Will Lissner) and edited a school paper, ''The Freem ...
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Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Industries is the second largest privately held company by revenue in the United States. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the ''2020 Global Go To Think Tank Index Report'' ( Think Tanks and Civil Societies Program, University of Pennsylvania), Cato is number 27 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States". The Cato Institute is libertarian in its political philosophy, and advocates a limited role for government in domestic and foreign affairs as well as a strong protection of civil liberties. This includes support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care ...
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Libertarian Party (United States)
The Libertarian Party (LP) is a political party in the United States that promotes civil liberties, non-interventionism, ''laissez-faire'' capitalism, and limiting the size and scope of government. The party was conceived in August 1971 at meetings in the home of David F. Nolan in Westminster, Colorado, and was officially formed on December 11, 1971, in Colorado Springs, Colorado. The organizers of the party drew inspiration from the works and ideas of the prominent Austrian school economist, Murray Rothbard. The founding of the party was prompted in part due to concerns about the Nixon administration, the Vietnam War, conscription, and the introduction of fiat money. The party generally promotes a classical liberal platform, in contrast to the Democratic Party's modern liberalism and progressivism and the Republican Party's conservatism. Gary Johnson, the party's presidential nominee in 2012 and 2016, claims that the Libertarian Party is more culturally liberal than Demo ...
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Lysander Spooner
Lysander Spooner (January 19, 1808May 14, 1887) was an American individualist anarchist, abolitionist, entrepreneur, essayist, legal theorist, pamphletist, political philosopher, Unitarian and writer. Spooner was a strong advocate of the labor movement and anti-authoritarian and individualist anarchist in his political views.Martin, James J. (1953)''Men Against the State: The Expositers of Individualist Anarchism in America, 1827–1908''"Lysander Spooner, Dissident Among Dissidents"
Auburn: Mises Institute. pp. 167–201. .Rosemont, Henry Jr. (2015). ''Against Individualism: A Confucian Rethinking of the Foundations of Morality, Politics, Family, and Religion''. Lanham: Lexington Books. p. 78. . His economic and po ...
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Title-transfer Theory Of Contract
The title-transfer theory of contract (TTToC) is a legal interpretation of contracts developed by economist Murray Rothbard and jurist Williamson Evers. The theory interprets all contractual obligations in terms of property rights, viewing a contract as a bundle of title transfers. According to Randy Barnett, the TTToC stands in opposition to most mainstream contract theories which view contractual obligations as the result of a binding promise.Some Problems with Contract as Promise
— Randy E. Barnett
Proponents of the approach often claim it is superior on grounds of both consistency and ethical considerations. The TTToC is often supported by s.< ...
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Anne Turgot
Anne Robert Jacques Turgot, Baron de l'Aulne ( ; ; 10 May 172718 March 1781), commonly known as Turgot, was a French economist and statesman. Originally considered a physiocrat, he is today best remembered as an early advocate for economic liberalism. He is thought to be the first economist to have recognized the law of diminishing marginal returns in agriculture. Education Born in Paris, Turgot was the youngest son of Michel-Étienne Turgot, " provost of the merchants" of Paris, and Madeleine Francoise Martineau de Brétignolles, and came from an old Norman family. As one of four children, he had a younger sister and two older brothers, one of whom, Étienne-François Turgot (1721–1789), was a naturalist, and served as administrator of Malta and governor of French Guiana. Anne Robert Jacques was educated for the Church, and at the Sorbonne, to which he was admitted in 1749 (being then styled ''abbé de Brucourt''). He delivered two remarkable Latin dissertations, ''On th ...
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