Murray Newton Rothbard (March 2, 1926 – January 7, 1995) was an American economist, historian, and political theorist. He was a prominent exponent of the Austrian School of economics who helped to define libertarianism by theorising a form of free-market anarchism which he termed "anarcho-capitalism." Rothbard wrote over twenty books and is considered a centrally important figure in the American libertarian movement.
Building on the Austrian Scho...
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Murray Newton Rothbard (March 2, 1926 – January 7, 1995) was an American economist, historian, and political theorist. He was a prominent exponent of the Austrian School of economics who helped to define libertarianism by theorising a form of free-market anarchism which he termed "anarcho-capitalism." Rothbard wrote over twenty books and is considered a centrally important figure in the American libertarian movement.
Building on the Austrian School's concept of spontaneous order, support for a free market in money production and condemnation of central planning, Rothbard advocated abolition of coercive government control of society and the economy. He considered the monopoly force of government the greatest danger to liberty and the long-term well-being of the populace, labeling the state as nothing but a "gang of thieves writ large"—the locus of the most immoral, grasping and unscrupulous individuals in any society.
Rothbard concluded that all services provided by monopoly...
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