The Future of Austrian Economics | Murray N. Rothbard

This is the famous speech by Murray Rothbard given in the days following the collapse of the Soviet empire. His exuberance is palpable has he explains the meaning of it all for the place of liberty in the history of civilization.
A brilliant scholar and passionate defender of Liberty, Professor Murray Rothbard (1926-1995) was dean of the Austrian School of economics, holder of the S.J. Hall Chair at the University of Nevada, Las Vegas, and Academic Vice President of the Ludwig von Mises Institute.

The author of 17 books and thousands of articles, the foremost Misesian economist, the father of modern freedom theory, and the most delightful personality in the profession, this great teacher here spellbinds an audience of students, faculty, and business leaders in the "Future of Austrian Economics," at the 1990 Mises University at Stanford.

Only Austrian economics, Rothbard shows, can explain the collapse of socialism/communism and tell us what should replace it: laissez-faire capitalism. There is a lesson here as well, he shows, for dealing with the Leviathan in Washington, D.C.

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[michelle holcroft]

1. Rothbard died in 1995.

2. He predicted Ron Paul would move millions toward the idea of liberty and Paul has.

3. Alan Greenspan- "To the extent that a economy contains in it a central bank, that is not a free market(pure capitalism) and most people call it "regulation".

4. When interest rates rise, Rothbard's(along with Hayek's and Mises's) prediction of the boom bust cycle will prove itself once again.

[Tim Gravis]

Correct. That other branch "moderated" themselves into irrelevance. Kochs didn't like Rothbard and Mises, too free-market and anti-crony for them, so they ignored Mises and purged Rothbard out of Cato.

[squishua1973]

at 33:47 - the bearded guy on the right is Walter Block!

[Joe11Blue]

Cato is not OK. Remember what Mises said about incremental-ism.

[Joe11Blue]

FFS, you decrying anyone. Rothbard would even call you an idiot for not at least using the tool that you used to make such a ridiculous and ignorant comment.

[zg76]

Oh, thank you so much. I am grateful.

[Tim Gravis]

On the Austrian branch that seeked tenured positions first and principle later,

"Tenured Austrian Economists vs. Murray Rothbard" by Gary North

[Tim Gravis]

Search "The Kochtopus vs. Murray N. Rothbard" by David Gordon

[zg76]

Ah.. that's it. Thank you for that information, I kind of know it, I knew Cato is OK but not the all way and now I know how to answer about Kochs.

Do you know is there some material on this subject? Or should I not be lazy.

[zg76]

What was that other branch of Austrian school and who was the financier, billionaire?

Ludwig Lachmann, Israel Kirzner, Koch family??