Video: The Founding of the Federal Reserve

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A speech by Murray N. Rothbard. Presented at the Mises Institute's 1984 "Seminar on Money and Government," in Houston, Texas.

Category: News & Politics

Murray N. Rothbard (1926-1995)
by David Gordon

“On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers."
                                                        Murray N. Rothbard, Power and Market
 

Murray N. Rothbard, a scholar of extraordinary range, made major contributions to economics, history, political philosophy, and legal theory. He developed and extended the Austrian economics of Ludwig von Mises, in whose seminar he was a main participant for many years. He established himself as the principal Austrian theorist in the latter half of the twentieth century and applied Austrian analysis to historical topics such as the Great Depression of 1929 and the history of American banking.


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Added: 4 years ago.
Topic: The Federal Reserve

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