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Book
What Has Government Done To Our Money
When this gem first appeared in 1963, it took the form of a small paperback designed for mass distribution. We've conjured up that spirit again with this special edition of Rothbard's primer on money and government. Innumerable economists, investors, commentators, and authors have learned from this book through the decades. After fifty years, it remains the best book in print on the topic, a real manifesto of sound money. Rothbard boils down the Austrian theory to its essentials. The book also made huge theoretical advances. Rothbard was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much. The passion that Murray feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject, and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it. Rothbard shows precisely how banks create money out of thin air and how the central bank, backed by government power, allows them to get away with it. He shows how exchange rates and interest rates would work in a true free market. When it comes to describing the end of the gold standard, he is not content to describe the big trends. He names names and ferrets out all the interest groups involved. Since Rothbard's death, scholars have worked to assess his legacy, and many of them agree that this little book is one of his most important. Though it has sometimes been inauspiciously packaged and is surprisingly short, its argument took huge strides toward explaining that it is impossible to understand public affairs in our time without understanding money and its destruction.
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Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Scott Horton
Enough Already: Time to End the War on Terrorism
Scott Horton’s new book, Enough Already might have taken its title from a line in the book’s introduction: America’s war policy since at least the Carter Administration has been ‘a policy in search of a reason.’ As Horton painstakingly lays bare, in virtually none of the military conflicts the United States has chosen to fight in since the 1970s was our security ever genuinely threatened. His ultimate solution is the only one that has any chance of preserving American security and giving us a chance to be ready in case we do face a genuine threat in the future: end the pointless and self-defeating forever wars. All of them.”
Lt. Col. Daniel L. Davis, (USA ret.) 4-time combat deployer, two-time winner of the Bronze Star Medal, and author of Eleventh Hour in 2020 America: How American Foreign Policy Got Jacked Up and What the Next Administration Can Do About It.
Read moreLt. Col. Daniel L. Davis, (USA ret.) 4-time combat deployer, two-time winner of the Bronze Star Medal, and author of Eleventh Hour in 2020 America: How American Foreign Policy Got Jacked Up and What the Next Administration Can Do About It.
Leonard E. Read
I, Pencil
The classic, short essay by Leonard E. Read remains one of the best introductions to the unseen complexity of the free market system. Read it for FREE at econlib.org
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Ludwig Von Mises
Human Action
The great book first appeared in German in 1940 and then disappeared, only to reappear in English in 1949. It was a sensation, the largest and most scientific defense of human freedom ever published. And now, in 2010, the seemingly impossible has happened: Human Action, the masterwork of the ages, is in a pocketbook edition at a ridiculously low price.
History might record that this edition is the one that changed the world. Mises's fantastic and timeless treatise has never been in a more portable, giftable edition.
Just imagine: giving or receiving this gem, this treasure, as a stocking stuffer!
This is not a reduction. It is the full treatise from front to back, the mind-blowing explanation of the economics of freedom, right in the palm of your hand.
Stock up! We've prepared for mass distribution.
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