Murray Rothbard: Difference between revisions

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Rothbard's law is a self-attributed [[adage]]. In essence, Rothbard suggested that an otherwise talented individual would specialize and focus in an area which they were weaker at - or simply flat out wrong.  Or as he often put it: "everyone specializes in what he is worst at."
Rothbard's law is a self-attributed [[adage]]. In essence, Rothbard suggested that an otherwise talented individual would specialize and focus in an area which they were weaker at - or simply flat out wrong.  Or as he often put it: "everyone specializes in what he is worst at."


In one example[1], he discusses his time spent with [[Ludwig von Mises]], "In all the years I attended his seminar and was with him, he never talked about foreign policy. If he was an interventionist on foreign affairs, I never knew it. This is a violation of Rothbard's law, which is that people tend to specialize in what they are worst at. [[Henry George]], for example, is great on everything but land, so therefore he writes about land 90% of the time. [[Milton Friedman|Friedman]] is great except on money, so he concentrates on money. Mises, however, and [[Israel Kirzner|Kirzner]] too, always did what they were best at."
In one example[1], he discusses his time spent with [[Ludwig von Mises]],  


Continuing on this point, "There was another group coming up in the sixties, students of [[Robert Lefevre]]'s [[Freedom School]] and later [[Rampart College]]. At one meeting, Friedman and [[Gordon Tullock|Tullock]] were brought in for a week, I had planned to have them lecture on occupational licensing and on ocean [[privatization]], respectively. Unfortunately, they spoke on these subjects for 30 minutes and then rode their hobby horses, monetary theory and [[public choice]], the rest of the time. I immediately clashed with Friedman. He had read my [[America's Great Depression]] and was furious that he was suddenly meeting all these Rothbardians. He didn't know such things existed."
:''In all the years I attended his seminar and was with him, he never talked about foreign policy. If he was an interventionist on foreign affairs, I never knew it. This is a violation of Rothbard's law, which is that people tend to specialize in what they are worst at. [[Henry George]], for example, is great on everything but land, so therefore he writes about land 90% of the time. [[Milton Friedman|Friedman]] is great except on money, so he concentrates on money. Mises, however, and [[Israel Kirzner|Kirzner]] too, always did what they were best at.''
 
Continuing on this point,  
''There was another group coming up in the sixties, students of [[Robert Lefevre]]'s [[Freedom School]] and later [[Rampart College]]. At one meeting, Friedman and [[Gordon Tullock|Tullock]] were brought in for a week, I had planned to have them lecture on occupational licensing and on ocean [[privatization]], respectively. Unfortunately, they spoke on these subjects for 30 minutes and then rode their hobby horses, monetary theory and [[public choice]], the rest of the time. I immediately clashed with Friedman. He had read my [[America's Great Depression]] and was furious that he was suddenly meeting all these Rothbardians. He didn't know such things existed.''


==Books==
==Books==

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