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Speaking of Liberty (Chapter 3: Why Austrian Economics Matters) by Llewellyn H. Rockwell, Jr.

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Uploaded by on Sep 15, 2010

Audio book version of 'Speaking of Liberty' by Llewellyn H. Rockwell, Jr., as read by the author. http://mises.org

Ludwig von Mises said that teaching the public was just as important as addressing scholars — maybe more so. That is what Lew Rockwell specializes in: history and theory and analysis in defense of the free society, written in clear prose to reach a broad audience. Rockwell's new book is as pro-liberty as it is brutally critical of government. It is relentlessly forthright yet hopeful about the prospects for liberty. It is rigorous enough to withstand the enemy's closest scrutiny, and chock full of the energy and enthusiasm that will keep you reading.

As a collection of speeches delivered over a period of ten years, Speaking of Liberty is long (470 pages), but it is the kind of book people will want to see in the hands of friends, family, and students. The book begins with economics, and explains why Austrian economics matters, how the Federal Reserve brings on the business cycle, why we need private property and free enterprise, the unrecognized glories of the capitalist economy, and why the gold standard is still the best monetary system. The remaining sections deal with war, Mises and his work, other important thinkers in the libertarian tradition, and the culture and morality of liberty.

The book is united by a set of fixed principles: the corruption of politics, the universality and immutability of the ideas of freedom, the centrality of sound money and free enterprise, the moral imperative of peace and trade, the importance of hope and tenacity in the struggle for liberty, and the need for everyone to join the intellectual fight. We all have searched for the book we could give to friends and neighbors, business associates and family members, to explain why we believe in the cause of liberty. Speaking of Liberty is that book.

"Critics of the free market are therefore the Wile E. Coyotes of our day: sitting on the stool in comfort, they systematically saw away at the legs beneath them, on the absurd assumption that they will be able to hang in the air indefinitely after their work is done. Along comes Lew Rockwell and shouts as loud as he can: 'Beep, beep.'" Gary North.

Read Lew Rockwell's complete book, 'Speaking of Liberty' online:
http://mises.org/resources/1091

* * *

Llewellyn H. Rockwell, Jr., widely known as Lew Rockwell, is an American libertarian political commentator, activist, proponent of the Austrian School of economics, and chairman of the Ludwig von Mises Institute. Rockwell founded the Mises Institute in Auburn, Alabama in 1985 and was its president until the summer of 2009, when he transitioned to the position of Chairman of the Board. He also is Vice President of the Center for Libertarian Studies in Burlingame, California and publisher of the political weblog LewRockwell.com.

He is the author of Speaking of Liberty, an anthology of editorials which were originally published on his web site along with transcripts from some of his speaking engagements. Rockwell and the Ludwig von Mises Institute together publish the Journal of Libertarian Studies.

He was closely associated with his teacher and colleague Murray Rothbard until Rothbard's death in 1995. Rockwell's political ideology, like Rothbard's in his later years, combines a form of anarcho-capitalism with cultural conservatism and the Austrian School of economics. He also advocates federalist concepts as a means of promoting freedom from central government, and also advocates secession for the same political decentralist reasons. (Source: Wikipedia)

Links to more online books and selected essays by Lew Rockwell:

The Left, the Right, and the State
http://mises.org/resources/3861

The Economics of Liberty
http://mises.org/resources/3654

The Free Market Reader
http://mises.org/resources/3653

The Gold Standard: Perspectives in the Austrian School
http://mises.org/resources/3353

Weapon of Monetary Destruction
http://mises.org/daily/3996

The New Push for a Global Currency
http://mises.org/daily/4620

Down with the Rich, Again?
http://mises.org/daily/4603

Rothbard's Legacy
http://mises.org/daily/4486

Obama and the Economy
http://mises.org/daily/3622

Headed to National Socialism
http://mises.org/daily/3564

Links to more essays and articles by Lew Rockwell:
http://www.lewrockwell.com/rockwell/rockwell-arch.html
http://mises.org/articles.aspx?AuthorId=275

DISCLAIMER: The Ludwig von Mises Institute has given permission under the Creative Commons license that this audio presentation can be publicly reposted as long as credit is given to the Mises Institute and respective guidelines are followed. More info at: http://creativecommons.org/licenses/by/3.0/us/

This YouTube channel, LibertyInOurTime, is in no way endorsed by or affiliated with the Ludwig von Mises Institute, any of its lecturers or staff members.

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