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Government in Business - Murray Rothbard
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Government in Business - Murray Rothbard

Source: youtube.com


Murray Newton Rothbard (March 2, 1926 – January 7, 1995) was an American economist, historian, and political theorist. His work, which refers extensively to Austrian School economist Ludwig von Mises, has profoundly influenced the American libertarian movement by formulating a body of thought Rothbard called "anarcho-capitalism" or free-market anarchism. Rothbard wrote more than twenty books and is considered a central figure in the American libertarian movement.

Rothbard cited certain Austrian School economists’ concept of spontaneous order, advocacy of free banking, and rejection of central planning to advocate abolition of all coercive government control of society and the economy. He viewed the monopoly power of government as greatest danger to the liberty and the long-term well-being of the populace, labeling the state as "the organization of robbery systematized and writ large" and the locus of the most immoral, grasping, and unscrupulous individuals in any society.

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