Murray Rothbard: Difference between revisions

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'''Murray Newton Rothbard''' (March 2, [[1926]]—January 7, [[1995]]) was an American economist, historian and [[Natural Law|natural law]] theorist belonging to the [[Austrian School of Economics]] who helped define modern [[libertarianism]] and [[Anarcho-Capitalism|anarcho-capitalism]]. He was son of David and Rae Rothbard. On January 16, 1963, he was married to JoAnn Schumacher in New York City.
'''Murray Newton Rothbard''' (March 2, [[1926]]—January 7, [[1995]]) was an American economist, historian and [[Natural Law|natural law]] theorist belonging to the [[Austrian School of Economics]] who helped define modern [[libertarianism]] and [[Anarcho-Capitalism|anarcho-capitalism]]. He was son of David and Rae Rothbard. On January 16, 1963, he was married to JoAnn Schumacher in New York City.
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He was the academic vice president of the [[Ludwig von Mises Institute]] and the [[Center for Libertarian Studies]] (which he founded in 1976), was a distinguished professor at the University of Nevada, Las Vegas, and edited the [[Rothbard-Rockwell]] Report with [[Lew Rockwell]].
He was the academic vice president of the [[Ludwig von Mises Institute]] and the [[Center for Libertarian Studies]] (which he founded in 1976), was a distinguished professor at the University of Nevada, Las Vegas, and edited the [[Rothbard-Rockwell]] Report with [[Lew Rockwell]].


==Anarcho-capitalism==
==Anarcho-Capitalism==
The Libertatis Æquilibritas is one symbol used by anarcho-capitalists.In 1949 Rothbard concluded that the free market could provide all services, including police, courts, and defense services better than could the State. He was now officially an anarcho-capitalist. Rothbard described the moral basis for his anarcho-capitalist position in two of his books, For a New Liberty, published in 1972, and The Ethics of Liberty, published in 1982. He described how a stateless economy would function in his book Power and Market.
The Libertatis Æquilibritas is one symbol used by anarcho-capitalists.In 1949 Rothbard concluded that the free market could provide all services, including police, courts, and defense services better than could the State. He was now officially an anarcho-capitalist. Rothbard described the moral basis for his anarcho-capitalist position in two of his books, For a New Liberty, published in 1972, and The Ethics of Liberty, published in 1982. He described how a stateless economy would function in his book Power and Market.


Rothbard proclaimed the right of self-ownership, that each person owned himself, and the right to private property, that each person owned the fruits of his labor. Accordingly, each person had the right to exchange his property with others. Rothbard defined the libertarian position through what is called the non-aggression principle, that "No person may aggress against anybody else." Rothbard attacked taxation as theft, because it was taking someone else's property without his consent. Further, conscription was slavery, and war was murder. Rothbard also opposed compulsory jury service and involuntary mental hospitalization.
Rothbard proclaimed the right of self-ownership, that each person owned himself, and the right to private property, that each person owned the fruits of his labor. Accordingly, each person had the right to exchange his property with others. Rothbard defined the libertarian position through what is called the non-aggression principle, that "No person may aggress against anybody else." Rothbard attacked taxation as theft, because it was taking someone else's property without his consent. Further, conscription was slavery, and war was murder. Rothbard also opposed compulsory jury service and involuntary mental hospitalization.


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


In one example, he discusses his time spent with Ludwig von Mises,
In one example, he discusses his time spent with Ludwig von Mises,
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{{DEFAULTSORT:Rothbard, Murray}}
{{DEFAULTSORT:Rothbard, Murray}}
[[Category:Economists]]
[[Category:Economists]]
[[Category:Current and Former Libertarian National Committee Members]]

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