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Subscribe to the podcastLast week, Rollo did an Ask Me Anything on Stacker News. We're using the same questions and having Slappy answer them.Rollo's AMALearn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
Where does money come from? Sandy Klein walks through the Mengerian answer: not from a king's decree or a social contract, but spontaneously, as traders gravitated to the most saleable good until one commodity became universally accepted. Along the way she shows why barter can't sustain a real economy, why gold and silver kept winning out, and why—following Rothbard—there's no such thing as an "optimal" money supply.Recorded at the Mises Institute in Auburn, Alabama, on July 20, 2025.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
David Gordon lays out praxeology—the science of human action—and the deductive method that sets Austrian economics apart. With characteristic wit, he distinguishes valid arguments from sound ones, weighs Rothbard's "it's just self-evident" grounding of the action axiom against Mises's a priori approach, and shows why economic truths deduced by pure logic can still be genuinely surprising.Recorded at the Mises Institute in Auburn, Alabama, on July 20, 2025.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
Mark Thornton looks at the growing strength of democratic socialism inside the Democratic Party and asks whether the United States may be entering another era of major party realignment. Drawing on Rothbard's analysis of long-term ideological change, Mark explains how younger voters, burdened by debt, unaffordable housing, healthcare, and education, are understandably angry—but are turning toward policies that helped create the crisis. Mark also examines how war, inflation, government intervention, and broken political promises are reshaping both major parties.On Side B, Thornton joins the Liberty and Finance podcast to discuss monetary disorder, central bank digital currencies, programmable money, AI-driven surveillance, the war on cash, and the need for education and resistance against the next monetary reset.Additional Resources"Keith Knight's Top Ten Problems with Democratic Socialism" (Human Action Podcast) with Bob Murphy: https://mises.org/MI_186_A"How Democratic Socialists of America Has Developed Into a Movement Party" by David Duhalde: https://mises.org/MI_186_B"The Myth of Democratic Socialism" by Murray Rothbard: https://mises.org/MI_186_C"How Democratic Socialism Created California's Housing Crisis" by Chris Calton: https://mises.org/MI_186_D"Democratic Socialism IS Totalitarianism" by Bill Anderson: https://mises.org/MI_186_E"How to Fix the Economics of Healthcare" by Bob Murphy: https://mises.org/MI_186_F2026 is the Year of Rothbard—Murray's 100th birthday—and we're celebrating by giving away free copies of The Origins of the Federal Reserve through July 31. Grab yours today at https://mises.org/issuesfree20% off listener offer on the insulated Minor Issues tumbler and three of Mark's books: https://mises.org/MinorIssuesTumbler. Use coupon code Thornton.Be sure to follow Minor Issues at https://Mises.org/MinorIssues
Democratic socialists insist the horrors of the twentieth century were a betrayal of their ideal—that their version would be staffed by good people, to good ends. In this 1977 essay, Murray Rothbard argues the brutality is inherent in the system, not the personnel, which makes "humanistic" or "democratic" socialism a contradiction in terms.Originally published in the Libertarian Review.
Murray Rothbard saw government as a predatory, criminal entity and the Microsoft lawsuit of 1998 proved to be a classic example of government organized crime in action.Original article: https://mises.org/mises-wire/rothbards-definition-government-organized-crime-microsoft-antitrust-case
Murray Rothbard saw government as a predatory, criminal entity and the Microsoft lawsuit of 1998 proved to be a classic example of government organized crime in action.Original article: https://mises.org/mises-wire/rothbards-definition-government-organized-crime-microsoft-antitrust-case
Great Britain's “Equality Act” is not simply a civil rights bill gone too far. It is, as Murray Rothbard would have put it, a “monstrous” piece of legislation that looks to create a social and economic equality that could never exist.Original article: https://mises.org/mises-wire/uks-monstrous-equality-act
Great Britain's “Equality Act” is not simply a civil rights bill gone too far. It is, as Murray Rothbard would have put it, a “monstrous” piece of legislation that looks to create a social and economic equality that could never exist.Original article: https://mises.org/mises-wire/uks-monstrous-equality-act
Subscribe to the podcastWhat happens if you #GetOnZero and lose your job?SLP397 Stack Hodler – Money Printing Around the WorldLearn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
Contrary to a common—and incorrect—critique of Rothbard, he was not a fanciful purist who refused to support any political movement that failed to be perfectly libertarian in every way. Original article: https://mises.org/mises-wire/why-rothbard-sided-american-revolutionaries
Contrary to a common—and incorrect—critique of Rothbard, he was not a fanciful purist who refused to support any political movement that failed to be perfectly libertarian in every way. Original article: https://mises.org/mises-wire/why-rothbard-sided-american-revolutionaries
Subscribe to the podcastOffer sheets and people who should know better.Learn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
Welcome to The Daily Wrap Up, an in-depth investigatory show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (7/3/26). As always, take the information discussed in the video below and research it for yourself, and come to your own conclusions. Anyone telling you what the truth is, or claiming they have the answer, is likely leading you astray, for one reason or another. Stay Vigilant. !function(r,u,m,b,l,e){r._Rumble=b,r[b]||(r[b]=function(){(r[b]._=r[b]._||[]).push(arguments);if(r[b]._.length==1){l=u.createElement(m),e=u.getElementsByTagName(m)[0],l.async=1,l.src="https://rumble.com/embedJS/u2q643"+(arguments[1].video?'.'+arguments[1].video:'')+"/?url="+encodeURIComponent(location.href)+"&args="+encodeURIComponent(JSON.stringify([].slice.apply(arguments))),e.parentNode.insertBefore(l,e)}})}(window, document, "script", "Rumble"); Rumble("play", {"video":"v7a1566","div":"rumble_v7a1566"}); Source Links (In Chronological Order): It Is Time For A New Revolution - July 4th, 2024 (3) The Last American Vagabond on X: "It Is Time For A New Revolution - July 4th https://t.co/fzB5yDbViu #July4th https://t.co/V1cxM2jVE4" / X New Tab (3) Drop Site on X: "
Kinsella on Liberty Podcast: Episode 494. This is my interview by Alex Buxeda of at Schweizer Monat [Swiss Monthly; linktree]; recorded June 22, 2026. Youtube shownotes: Stephan Kinsella, patent attorney, legal theorist, and one of the leading critics of intellectual property sits with Alex Buxeda to explore whether ideas can be owned. Starting from first principles, they discuss why Kinsella argues that patents and copyrights are incompatible with property rights, the role of scarcity in economics, innovation without intellectual property, pharmaceutical patents, entrepreneurship, pricing, and the philosophical foundations of ownership. Grok summary: We discussed why intellectual property is fundamentally incompatible with genuine property rights. Stephan Kinsella argued that patents and copyrights are not legitimate property but state-granted monopolies that violate real ownership of scarce, physical resources. He explained that ideas and knowledge are non-scarce and non-rivalrous — one person's use does not prevent another's — so enforcing IP requires aggression against others' tangible property. We explored the flaws in common justifications for patents (especially in pharmaceuticals), the arbitrary nature of IP law, the myth that “creation” grants ownership, and how free competition and open knowledge flows drive far more innovation than government-protected monopolies. Kinsella also addressed the ethics of piracy, the distorting effects of the FDA and tariffs, and why emerging technologies like 3D printing and AI will increasingly undermine IP systems. https://youtu.be/Q4SD8pmpv1U?si=gtx2KN2CcsAbIl5s Related links/publications (Grok assist) For further discussion of the issues raised in this conversation, see the following resources by Stephan Kinsella, grouped by topic: Core Case Against IP & Property Rights Fundamentals Against Intellectual Property (2001/2008) — Kinsella's foundational monograph making the case that patents and copyrights are incompatible with libertarian property rights based on scarcity and homesteading. The Problem with Intellectual Property (2025) — A comprehensive recent paper arguing that IP rights are unjust state-granted monopolies that violate legitimate property rights in scarce resources. Against Intellectual Property After Twenty Years: Looking Back and Looking Forward (2022) — Updated reflections on the original arguments, addressing common objections and developments since 2001. Intellectual Property Rights as Negative Servitudes (2011) — Argues that IP functions as non-consensual negative servitudes on others' physical property, violating true property rights. Another Way to Explain the Problem with IP: Resources v. Knowledge; Ownership v. Possession (2017) — Clear distinction between scarce resources (subject to ownership) and non-scarce knowledge/ideas. The Prior-Later Distinction (2026) — Clarifies the foundational role of first-use (prior appropriation) in property rights theory. Structural Unity of Real and Intellectual Property? (2025) — Examines (and rejects) attempts to unify real and intellectual property conceptually. Scarcity, Ideas, Labor Theory & Creationism Critiques Ideas are Free: The Case Against Intellectual Property (2010) — Explains why ideas and knowledge are non-scarce and why libertarians were mistaken in supporting IP. Libertarian Lockean Creationism (2025) — Critique of the mistaken “creation” theory of property rights often used to defend IP. Locke's Big Mistake: How the Labor Theory of Property Ruined Political Theory Locke's Big Mistake (Transcript) (2013) Hume on Intellectual Property and the Problematic Labor Metaphor (2011) On the Danger of Metaphors in Scientific Discourse (2011) Objectivist Law Prof Mossoff on Copyright; or, the Misuse of Labor, Value, and Creation Metaphors (2008) How We Come to Own Ourselves (2006) — Explains self-ownership and original appropriation, central to why IP conflicts with libertarian property theory. Superabundant Bananas & Property Rights as Normative Support for Possession (2025) — Further clarification on scarcity, superabundance, and the nature of property rights. Pharmaceuticals, FDA & Market Distortions Patents and Pharmaceuticals (2023) Are Patents Needed to Make Up for FDA Kneecapping? (2011) FDA and Patent Reform: A Modest Proposal (2023) Milton Friedman on the Distorting Effect of Patents (2011) Drug Reimportation (2009) — Discussion of reimportation, free trade, and how patents distort pharmaceutical pricing. Tabarrok: Patent Policy on the Back of a Napkin (2012) — Critique of simplistic patent policy arguments. KOL469 | Tabarrok on Patents, Price Controls, and Drug Reimportation Practical & Reform Topics Do Business Without Intellectual Property (2014) How to Improve Patent, Copyright, and Trademark Law (2011) The American Invents Act and Patent Reform (2011) IP Law and Market Failure (2022) Intellectual Nonsense: Fallacious Arguments for IP (2012/2021) — Critique of common fallacious pro-IP arguments. Copyright Absurdities & Other Examples Libraries Prepare to Burn Foreign Books, Courtesy Copyright Law (2011) — Striking example of the absurd real-world effects of copyright enforcement. Historical Libertarian & Objectivist Views on IP Rothbard and the Galambosians (2005) — Discussion of extreme pro-IP views within libertarian circles and Rothbard's perspective. The Galambosians Strike Back (2015) Around This Time I Met the Galambosian (2013) Rand Chose IP: Death Over Life (2025) — Critique of Ayn Rand's strong support for IP. IP: The Objectivists Strike Back (2009) — Response to Objectivist defenses of IP. Why Objectivists Hate Anarchy (2009) — Broader context on Objectivist-libertarian tensions, including IP. Purpose of Law, Schizophrenic State & Broader Theory The Purpose of Law: Justice and Property Rights (2026) The Schizophrenic State (2006) — Classic piece on the contradictory nature of state actions regarding monopolies and competition. Foundational Libertarian Theory Legal Foundations of a Free Society (2023) Disentangling Legal and Economic Concepts (2025) The Title-Transfer Theory of Contract (2024) A Libertarian Theory of Contract (2003) What Libertarianism Is (2009) Recent Audio/Lectures KOL489 | The Problem with Intellectual Property (Audio) (2026) KOL483 | The Economics and Ethics of Intellectual Property (2026) KOL491 | Trying to Persuade Paul Cwik of the Case Against IP KOL253 | Berkeley Fed Soc: Libertarian's Case Against IP KOL469 | Tabarrok on Patents, Price Controls, and Drug Reimportation These resources expand on the core themes of scarcity versus ideas, negative servitudes, pharmaceutical patent issues, market distortions, FDA interactions, practical business strategies, Locke's labor theory mistakes, contract theory, self-ownership, metaphors in discourse, Objectivist views on IP, the purpose of law, and libertarian first principles discussed in the interview. Shownotes (Grok) Podcast Shownotes Episode Title: Stephan Kinsella: Why Intellectual Property is Incompatible with Property Rights Guest: Stephan Kinsella (retired patent attorney & libertarian legal theorist) Host: Alex Buxeda Episode Summary Stephan Kinsella delivers a rigorous, first-principles critique of patents and copyright. He argues that IP is not property at all, but a government-granted monopoly that violates genuine property rights in scarce resources. Drawing on Austrian economics and libertarian ethics, he explains why ideas are non-scarce, why IP slows innovation, and why free markets and competition are superior engines of progress. A clear, uncompromising defense of abolishing intellectual property. Total Runtime: ~1 hour 22 minutes Key Topics & Timestamps 0:00 – Introduction and Practical Market Realities Kinsella begins by noting that entrepreneurs can use strategies like loss leaders and price discrimination, but cartels and monopolies are hard to sustain due to competition and cheating — setting the stage for his deeper critique of state-enforced monopolies like IP. 1:00 – Kinsella's Journey from Pro-IP to Abolitionist As a former patent attorney and lifelong libertarian, Kinsella originally accepted Ayn Rand's defense of IP. After deep study while practicing patent law, he concluded that IP is literally unjustifiable and incompatible with property rights. This realization forced him to refine his understanding of libertarian property theory, relying more heavily on Mises, Rothbard, and Hoppe. 4:22 – Core Argument: Scarcity, Property Rights, and Why Ideas Are Not Property Property rights exist solely to resolve conflicts over scarce, rivalrous resources. Ideas and knowledge are non-scarce — one person's use does not prevent another's simultaneous use. Granting IP rights therefore requires using force against others' legitimate physical property (factories, printers, materials), creating artificial conflict rather than resolving it. IP is not ownership of information; it is a negative servitude on real property. 14:55 – The Pharmaceutical Patent Defense and Why It Fails Kinsella directly refutes the claim that expensive R&D requires patents. High drug costs stem primarily from FDA regulation, not invention. Patents create monopoly pricing and slow knowledge diffusion, which is the true source of long-term progress. He criticizes utilitarian “market failure” arguments, arbitrary patent terms, and the state's schizophrenic approach (granting monopolies via patents while attacking monopolies via antitrust). Free markets naturally reward first movers with temporary profits before competition drives prices down. 31:45 – Arbitrariness of IP and the Myth of “Creation” as a Source of Rights Patent and copyright durations are completely arbitrary....
In this episode of the Radio Rothbard, we look at Murray Rothbard's monumental history of the American Revolution, Conceived in Liberty. In this work, Rothbard explores the philosophy, tactics, and debates that led to the separation of the American colonies from the British state. In spite of abuses by Patriots against the Loyalists, the revolutionaries were still right.Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off
In this episode of the Radio Rothbard, we look at Murray Rothbard's monumental history of the American Revolution, Conceived in Liberty. In this work, Rothbard explores the philosophy, tactics, and debates that led to the separation of the American colonies from the British state. In spite of abuses by Patriots against the Loyalists, the revolutionaries were still right.Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off
In this Conflicted Conversation, Thomas sweats his way through a personally revealing exchange with Quinn Slobodian, Professor of International History at Boston University and the author of Hayek's Bastards: The Neoliberal Roots of the Populist Right. Quinn explains: Friedrich Hayek's “knowledge problem” and his defence of markets over central planning. Hayek's later theory of cultural evolution, inherited institutions, and the limits of universal market society. The split between “cultural Austrians” at George Mason University and “racial Austrians” around the Mises Institute. Murray Rothbard's move from courting anti-war hippies to building alliances with paleoconservatives and racial nationalists. Hans-Hermann Hoppe, anarcho-capitalism, secession, and racially homogeneous private communities. The Bell Curve, Charles Murray, IQ research, and the politics of scientific claims about race and inequality. The difference between ideas that are empirically false and ideas rejected because they are morally disturbing. The post-Cold War transformation of neoliberal enemies from communism to environmentalism, affirmative action, feminism, and welfare. The divide between neoconservatives and paleoconservatives over US foreign policy, nationalism, and the Iraq War. Whether Hayek's Bastards reveals a major genealogy of the modern Far Right—or exaggerates the influence of a provocative fringe. Visit Quinn's website: www.quinnslobodian.com Find Quinn on Bluesky: https://bsky.app/profile/quinnslobodian.com And on Substack: https://zeithistoriker.substack.com Join the Conflicted Community here: https://conflicted.supportingcast.fm/ Find us on X: https://x.com/MHconflicted And Facebook: https://www.facebook.com/MHconflicted And Instagram: https://www.instagram.com/conflictedpod Learn more about your ad choices. Visit megaphone.fm/adchoices Conflicted is a Message Heard production. Executive Producers: Jake Warren & Max Warren. Produced and edited by Thomas Small. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Subscribe to the podcastTwitter drama.Learn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
Kinsella on Liberty Podcast: Episode 493. This is my talk "Rothbard's Greatest Hits: A Personal Mix Tape," delivered at “100 Years with Rothbard,” Porto, Portugal, June 27, 2026. (From my iPhone audio; professional video and audio will be uploaded at a later date.) This was a simply wonderful event. As noted here, 100 Years with Rothbard was held yesterday in beautiful Porto, Portugal (June 27, 2026), sponsored by several Portuguese libertarian groups: Mises Portugal, Catalaxia, Don't Trust Verify (bitcoin podcast), ZugaTV (libertarian podcast), and Golpe de Estado Podcast (ancap podcasters). It featured and was attended by a number of Property and Freedom Society (PFS) members, including myself, Hans Hoppe and Gülçin Imre Hoppe, Saifedean Ammous, Thomas Jacob, Gregory and Joy Morin, and Alessandro and Domitia Fusillo. Hoppe, and Ammous and I spoke at the conference along with others. It was a wonderful event, attended by hundreds from Portugal and many other countries. In addition to the speeches, the cloth print version of Rothbard at 100: A Tribute and Assessment was presented and released yesterday, as was its Brazilian Portuguese translation, 100 Anos de Rothbard: Uma Homenagem e Apreciação, as well as Fundamentos Legais de uma Sociedade Livre, the European Portuguese translation of my book Legal Foundations of a Free Society (Houston, Texas: Papinian Press, 2023). A full report of the conference will be published presently. In the meantime, for an outside commentary see Rothbard 100, in Porto: A Misunderstood Genius in a Room of People Who Understood. Related 100 Years with Rothbard Rothbard 100, in Porto: A Misunderstood Genius in a Room of People Who Understood Rothbard at 100: First Hardcopies Printed A few pictures and tweets below, and my speaking notes. Photos Rothbard at 100 Porto June 2026 - Manuel Ogando, the organizer Rothbard at 100 Porto June 2026 - Kinsella on Stage Rothbard at 100 Porto June 2026 Rothbard chocolates Tweets I stole your photo. Apologies for not mentioning you, I arrived late https://t.co/vAMa9BkNVq — beegarc. (@beegarc_) June 28, 2026 The Rothbard 100 conference in Porto was an amazing success With H. H. Hoppe, @NSKinsella, @saifedean and many others Congrats and many thanks to the organizers, especially @mcaogando https://t.co/3iCBFcp2e1 pic.twitter.com/LV58GtDSt7 — Yorick de Mombynes (@ydemombynes) June 28, 2026 FYMNR! pic.twitter.com/8X72NbRJwZ — Stephan Kinsella (@NSKinsella) June 27, 2026 Terminou o evento https://t.co/vcORQSJOpN O melhor e mais memorável evento que participei e vejo que é opinião também de muitos dos palestrantes. O libertarianismo português lembra muito o brasileiro pre-covid. A oportunidade que eles têm nas mãos é gigantesca e o conteúdo… — Fhoer
Welcome to The Daily Wrap Up, an in-depth investigatory show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (6/27/26). As always, take the information discussed in the video below and research it for yourself, and come to your own conclusions. Anyone telling you what the truth is, or claiming they have the answer, is likely leading you astray, for one reason or another. Stay Vigilant. !function(r,u,m,b,l,e){r._Rumble=b,r[b]||(r[b]=function(){(r[b]._=r[b]._||[]).push(arguments);if(r[b]._.length==1){l=u.createElement(m),e=u.getElementsByTagName(m)[0],l.async=1,l.src="https://rumble.com/embedJS/u2q643"+(arguments[1].video?'.'+arguments[1].video:'')+"/?url="+encodeURIComponent(location.href)+"&args="+encodeURIComponent(JSON.stringify([].slice.apply(arguments))),e.parentNode.insertBefore(l,e)}})}(window, document, "script", "Rumble"); Rumble("play", {"video":"v79s9oy","div":"rumble_v79s9oy"}); Source Links (In Chronological Order): Telegram: View @TLAVagabond (18) Aaron Day on X: "I know I got into crypto so that I could have a bank hold it for me. How about you? This is the inversion of crypto. You understand that, right?" / X (18) Grok / X New Tab (18) The Last American Vagabond on X: "Can we admit that EVERYONE sees this coming? Be sure to remember those of us who were trying to draw your attention to this when we might've been able to stop it (I still think we can) & be sure to remember who gaslit you right up until "BREAKING" the story after it was too late." / X (18) The Last American Vagabond on X: "Maybe the truth is that almost no one does, and this whole "new media" push was the construction of the new algorithmically channeled and controlled online reality. So we end up screaming into the wind. Just a thought." / X (18) The Last American Vagabond on X: "This is my point. Most of the people who wanted to “Make America Great Again” (even if you didn't agree with how they wanted to do it) are either calling out this admin or no longer supporting it at all because Trump double crossed them. Those are the real MAGA. #TwoPartyIllusion https://t.co/68tyJkyoQz" / X (15) The Last American Vagabond on X: "It's comments like this that should show you the reality. No, Vance is the same problem." / X (18) The Last American Vagabond on X: "Hey look, two war criminals." / X New Tab US Army begins fielding next-generation battlefield biometrics system | Biometric Update It's Official: The US is now "USrael" | The Corbett Report Was Israel Involved With Charlie Kirk's Death - Let's Look At The Facts The Charlie Kirk Hysteria Is a Blueprint for Future Political Chaos (9) DR. ETIQUETTE
Rothbard's summation: the Federal Reserve was a government-sanctioned cartel engineered by the Morgan, Rockefeller, and Kuhn, Loeb interests to enable coordinated inflation—achieved only with the legitimizing support of technocratic experts and academics.
Rothbard frames the 1913 Federal Reserve Act as part of the Progressive drive from laissez-faire toward centralized statism. Having failed to cartelize through the free market, big business turned to government to do the job—with intellectuals supplying the ideological cover.
The first organized big-business push for banking reform. Rothbard recounts how the 1896–97 Indianapolis Monetary Convention, backed by Morgan- and Rockefeller-tied elites, enlisted economists to press for the gold standard and a centralized, more “elastic” banking system.
Enter Charles A. Conant, theorist of “surplus capital.” Rothbard shows how Conant's claim that mature economies must export capital abroad linked banking reform to economic imperialism—a theory that traveled from pro-imperialists to Wilshire, Hobson, and Lenin.
The Panic of 1907 becomes the catalyst. Rothbard traces the response—the Aldrich-Vreeland Act and the Aldrich-led National Monetary Commission—as elites studied European central banks and mobilized expert and business opinion toward a central bank.
On this episode of Power & Market, Tho, Connor, and special guest Ryan Turnipseed pay tribute to the Maestro, consider whether Democratic Socialists are part of Greenspan's legacy, and embrace Justice Clarence Thomas as a Rothbard respecter.
Murray N. Rothbard was a system builder in the mode of Ludwig von Mises, Frank H. Knight, and F. A. Hayek. Social, economic, and political problems are intertwined and complex and require a grand theory to address them. For Rothbard, the unifying theme of social theory was liberty.Original article in The Misesian: https://mises.org/misesian/murray-n-rothbard-toward-science-liberty
Murray N. Rothbard was a system builder in the mode of Ludwig von Mises, Frank H. Knight, and F. A. Hayek. Social, economic, and political problems are intertwined and complex and require a grand theory to address them. For Rothbard, the unifying theme of social theory was liberty.Original article in The Misesian: https://mises.org/misesian/murray-n-rothbard-toward-science-liberty
GMU economics professor Bryan Caplan discusses his recent substack series going through Rothbard's classic, For a New Liberty, chapter by chapter.Mentioned in the Episode and Other Links of Interest:The YouTube version of this episode.The cited chapter summaries from Bryan Caplan's review of Rothbard: nine, twelve, thirteen, fourteen, and fifteen.This episode's sponsor, the free Plan-B guide from ExPatMoney.Help support the Bob Murphy Show.
Subscribe to the podcastWe riff off some tweets about capitalism, food, and the state.Learn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
Gregory and Kerry share their stories of how they became Reformed libertarians. Each include some of their background, how questions and thinking about political and economic issues first arose, some important influences, and the process of discovering libertarian answers understood through a Reformed perspective.https://reformedlibertarians.com/bonusDMain Points of Discussion00:00 Introduction00:31 About Kerry Baldwin01:23 From Lutheran Republican To Reformed Libertarian04:28 Early adulthood07:45 Ron Paul11:07 Resolving objections16:12 About Gregory Baus16:36 How I Became A Reformed-Christian Libertarian-Anarchist21:11 Beyond Highschool26:50 'Austrian' economics and anarchism32:13 New Series ForthcomingAdditional ResourcesKerry's Story Re-published here: https://reformedlibertarians.com/from-lutheran-republican-to-reformed-libertarian/https://mereliberty.comhttps://vitanova.academyDavid Baldwin's Vietnam War experiencehttps://mereliberty.com/podcasts/the-first-battle-of-loc-ninh-vietnam/What Is Baptism? by R.C. Sproulhttps://www.amazon.com/dp/B0BSGFS5YKLee Iron's "And The God Of Thy Seed," 8-part series on paedobaptism and covenant nurturehttps://upper-register.com/mp3s.html#baptismThe Ron Paul Institutehttps://ronpaulinstitute.orgGood To Be King by Michael Badnarikhttps://www.amazon.com/dp/1594110964The Constitution Partyhttps://constitutionparty.comThe Orthodox Presbyterian Churchhttps://opc.orgNorth American Presbyterian And Reformed Council (NAPARC)https://www.naparc.org/directories-2/"The Reason You Hate Politics" by Kerry Baldwinhttps://libertarianchristians.com/2021/01/12/the-reason-you-hate-politics/Books from Rothbard and othershttps://reformedlibertarians.com/resources/#booksEpisode 2 on Romans 13https://reformedliberarians.com/002Answers to Minarchist Objections (episodes 3, 5, 9, and 12)https://www.youtube.com/playlist?list=PLzgsueW6DtHQrcfPmSbkGQfQKy5tEWbB9Material about abortionhttps://mereliberty.com/tag/abortion/Episode 8 on The Boetie Option -the peaceful underthrow of the statehttps://reformedlibertarians.com/008Gregory's Story re-published here: https://reformedlibertarians.com/how-i-became-a-reformed-christian-libertarian-anarchist/ A Christian Manifesto by Francis Schaefferhttps://amazon.com/dp/1581346921/Reformed Political Resistance Theology annotated bibliographyhttps://tinyurl.com/RefoPoliResistBib"Romans 13 and Stateless Civil Governance" by Gregory Baushttps://reformedlibertarians.com/romans-13-reformed-view/The Two Empires In Japan by John M.L. Younghttps://amazon.com/dp/B0156XFDKCAmerica's Counter-Revolution by Sheldon Richmanhttps://amazon.com/dp/0692687912/Lectures On (Neo-)Calvinism by Abraham Kuyperhttps://monergism.com/lectures-calvinism-ebookKingdom Prologue by Meredith G. Klinehttps://amazon.com/dp/1597525642Roots Of Western Culture by Herman Dooyeweerdhttps://amazon.com/dp/0888153538The Myth Of Religious Neutrality by Roy Clouserhttps://amazon.com/dp/0268023662About Societal Sphere Sovereigntyhttps://youtube.com/watch?v=fjpnd7reMU0The Mises Institutehttps://mises.orgOn Praxeologyhttps://praxeology.net/praxeo.htm"Rothbard's 'Left and Right' Forty Years Later" by Roderick Longtext: https://mises.org/mises-daily/rothbards-left-and-right-forty-years-lateraudio: https://mises.org/podcasts/asc-2006/rothbards-left-and-right-40-years-later"Libertarian Anarchism: Responses To Ten Objections" by Roderick Longtext: https://cdn.mises.org/Libertarian%20Anarchism%20Responses%20to%20Ten%20Objections_2.pdfaudio: https://mises.org/podcasts/mises-u-2004/mises-circle-informal-talk-anarchism"Foundations Of Libertarian Ethics," 10 lectures by Roderick Long(see dropdown at each to toggle youtube to audio): https://mises.org/podcasts/foundations-libertarian-ethicsvideo playlist: https://www.youtube.com/playlist?list=PLwrDNUO5MDu-pUCxIbC86kTOa9bOXlVINThe Reformed Libertarianism Statementhttps://reformedlibertarians.com/reformed-libertarianism-statement/Putting Amazing Back Intro Grace by Michael Hortonhttps://amazon.com/dp/0801014212Study Guide for Westminster Shorter Catechism by G.I. Williamsonhttps://amazon.com/dp/0875525210Study Guide for Heidelberg Catechism by G.I. Williamsonhttps://amazon.com/dp/B005H7ANH6Sacred Bond by Michael Brown and Zach Keelehttps://ccrbooks.org/products/sacred-bond-covenant-theology-explored-2nd-edition-brow...
Hans-Hermann Hoppe and Stephan Kinsella read the preface, introduction, and first chapter of Rothbard at 100: A Tribute and Assessment, published by The Saif House, July 2026. Preorder your copy now, and join us for the Rothbard At 100 conference in Porto on June 27. Details are on rothbard100.pt
Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.Original article: https://mises.org/mises-wire/why-justice-mattered-rothbard
Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.Original article: https://mises.org/mises-wire/why-justice-mattered-rothbard
Subscribe to the podcastStanley Cups, trains, and really blowing it on the job hunt.Learn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
What Is Austrian Economics - And Why Every Serious Bitcoin Holder Eventually Goes Down This Rabbit Hole (Part 2)In 1984 Friedrich Hayek said the only way to get sound money back was to introduce something governments can't stop by some sly roundabout way. Bitcoin's first block was mined 25 years later.Part 2 connects the 150 year old Austrian Economics tradition directly to Bitcoin how Satoshi's design choices map onto ideas that were written before his parents were born, why Bitcoin solves the one thing gold couldn't, and what understanding all of this changes about how serious holders think about the asset they're sitting on.If you haven't listened to Part 1 yet start there first.In this episode:Why Satoshi's design is Austrian Economics in code the Genesis Block headline, the P2P Foundation post, and why the cypherpunks who built Bitcoin had been reading Hayek and Rothbard for decades before the whitepaper was publishedWhy gold lost in 1971 and how Bitcoin fixes the one fatal flaw that allowed governments to capture it including Roosevelt's 1933 gold confiscation and what it means for self custody todayWhat the Austrian concept of time preference actually changes about how you hold Bitcoin not whether to hold it, but the mental framework that makes holding through 70% drops feel completely differentIf this landed hit Follow on Apple Podcasts. Apple's algorithm ranks shows based on follows in the first 48 hours after an episode drops. It's how an independent show competes with shows that have been running for a decade. Three seconds. Costs nothing. Genuinely the most useful thing you can do.If you've got questions and don't really have anyone to talk to about Bitcoin...-- Book a free call: [LINK] -- Follow Myles on Instagram: [LINK] -- Check My Personal Website: [LINK]Most people around you - family, friends, colleagues - don't really get it yet. And the internet is full of hype merchants who just want your attention.Book a free call with Myles. It's a genuine conversation, not a sales pitch. No agenda, no pressure - just a calm 15 minutes to talk through where you are and how to think about this properly.You can a Book a call with Myles here with this link. No Sell. Totally free. Secure your Bitcoin properly I came across MicroSeed because I was looking for a simple way to back up a seed phrase properly. Something small, discreet, and durable without needing loads of extra kit. Most options felt overcomplicated or a bit clunky. This didn't.It's a solid, no-nonsense way to secure your Bitcoin and actually take self-custody seriously.If that's something you've been meaning to sort out, you can check out MicroSeed and use code MYLES for a discount from https://microseed.io/shop/Hit follow, so you never miss the latest in...
Kinsella on Liberty Podcast: Episode 492. https://youtu.be/wORPhS6dTv4?si=m01gSOxqjHJ3vDEW This is my interview by Matthew Geiger of the Carl Menger Institute for Menger Institute Podcast #6 (recorded June 11, 2026). Shownotes and transcript below. Related tweet: at 13:20, defending the late Millennials and early Gen Z against snide criticisms of their plight--living with their parents, working at Starbucks, playing video games, not having kids, and so on--by the older generations who did this to them. Inflation, shitty schools, the debt… — Stephan Kinsella (@NSKinsella) June 14, 2026 Related links TBD Shownotes (Grok) Podcast Show Notes Episode Title: Stephan Kinsella: From Patent Attorney to Anarcho-Libertarian Theorist – Property Rights, IP, Bitcoin, and the Future of Liberty Guest: Stephan Kinsella – Retired patent attorney, prolific libertarian writer, anarcho-libertarian legal theorist, and key figure associated with the Mises Institute and Property and Freedom Society. Episode Summary: Matthew Geiger sits down with Stephan Kinsella for a deep, wide-ranging conversation covering Kinsella's personal journey into libertarianism, the philosophical foundations of libertarian thought, the critical importance of property rights, the case against intellectual property, generational challenges, technological disruption, foreign policy critiques, and an optimistic long-term vision for human freedom. Topics & Timestamps Introduction 0:00 Matthew Geiger welcomes listeners to the Menger Institute podcast and introduces Stephan Kinsella as a retired patent attorney and libertarian writer. Kinsella expresses his excitement about the conversation. How Stephan Kinsella Discovered Libertarianism 0:19 Matthew Geiger asks Kinsella to share his personal story, including his work with Murray Rothbard and Hans-Hermann Hoppe. Kinsella recounts growing up in a conservative Louisiana household with little political or economic knowledge. A librarian gave him The Fountainhead in high school, sparking his interest in philosophy, individualism, and free-market economics. He read voraciously, quickly became a libertarian, then an Austrian, and eventually an anarchist during college and law school. He practiced oil & gas, international, and eventually patent law for 30 years while pursuing libertarian theory as an avocation, attending Mises Institute events since 1995. Libertarian vs. Anarchist: Definitions and Preferences 2:17 Matthew Geiger asks about the distinction between calling oneself a libertarian versus an anarchist. Kinsella explains different axes of libertarianism (activism vs. theory vs. personal conduct) and argues that libertarianism is a consistent extension of classical liberalism centered on self-ownership and Lockean property rights. He details why the Non-Aggression Principle (NAP) is actually a shorthand for a deeper cluster of property rules — homesteading, contract, and rectification — rather than a standalone axiom. He makes the case that the most consistent libertarians are anarchists, while minarchists are libertarians with an asterisk, and classical liberals are close intellectual cousins but not true libertarians. Matthew Geiger on Labels and Consistency 10:19 Matthew Geiger shares his own thoughts on the dilution of the term “libertarian” and his preference for “anarchist.” He discusses taking the label back from the left and echoes Hoppe's view that the state is always socialist. Geiger and Kinsella agree that the most principled position is anarcho-libertarianism (or Austro-libertarianism), which recognizes the natural emergence of hierarchy, authority, norms, and social consequences in a free society — things many modern libertarians mistakenly reject. Younger Generations, Cultural Shifts, and Advice 13:23 Matthew Geiger asks about cultural and political trends among younger generations, referencing Javier Milei's popularity, and requests advice for them. Kinsella sympathizes with Gen Z and Millennials, blaming previous generations for poor education, inflation, debt, and making normal life unaffordable. He advises libertarians to adopt a long-term perspective, read Albert Jay Nock's Isaiah's Job, focus on being part of the “remnant,” maintain balance in life (career, finances, family), and avoid burning out on short-term activism. He also reflects on how the libertarian movement has grown larger, more international, and more radical since the 2008 Ron Paul campaign, though newer adherents tend to be less well-read. Optimism About Technology, Fragmentation, and the Future 21:40 Matthew Geiger expresses optimism about technology, the internet, AI, and the erosion of state monopolies on force and information. Kinsella shares a cautious but ultimately hopeful outlook. He discusses the benefits of media fragmentation (less centralized propaganda), the logic of Bitcoin succeeding on its own merits rather than activism, and why liberty, if achieved, will be because it is natural and inevitable. He touches on the Fermi paradox and great filter while maintaining long-term civilizational optimism. Foreign Policy, Economics, and IP Imperialism 31:59 Matthew Geiger circles back to connections between culture, foreign policy, and monetary policy, critiquing U.S. aid to Israel and mercantilist justifications. Kinsella delivers a sharp analysis of Pax Americana, dollar hegemony, the military-industrial complex, and how the U.S. exports inflation while benefiting certain industries. He describes “IP imperialism” — patents and copyrights — as tools that allow Hollywood, Big Pharma, and defense contractors to extract wealth from the rest of the world. Stephan Kinsella on Decentralization, IP, and the Future of the State 36:14 The conversation continues with Matthew Geiger noting decentralization in music production. Kinsella explains how technology (internet, streaming, piracy) has already weakened copyright and predicts 3D printing, robotics, and AI could eventually undermine pharmaceutical patents. He launches into a passionate critique of intellectual property as one of the most anti-libertarian, innovation-harming policies in existence. He envisions technology enabling greater self-sufficiency, causing the state to gradually wither away like the British monarchy — becoming largely ceremonial while private enterprise and civil society take over most functions. Kinsella ends on a hopeful, if long-term, note about humanity maturing beyond tribalism and primitive superstitions. Closing Thoughts and Resources 55:08 Stephan Kinsella promotes the Property and Freedom Society's annual conference in Turkey, the new book Rothbard at 100, and his “Universal Principles of Liberty” project (a concise statement of libertarian legal principles). Matthew Geiger thanks Kinsella and expresses interest in attending future events. Links & Resources: Stephan Kinsella: stephankinsella.com Property and Freedom Society: propertyandfreedom.org Rothbard at 100 (pre-order available) Mises Institute Episode Length: Approximately 58 minutes This episode offers a rich blend of personal history, rigorous libertarian theory, sharp cultural commentary, and forward-looking optimism. Highly recommended for anyone interested in Austrian economics, property rights, critiques of intellectual property, and the future of freedom. Transcript Introduction 0:00 Matthew Geiger: Ladies and gentlemen, welcome back to the Menger Institute podcast. We have a very special guest. We have with us a retired patent attorney and libertarian writer, Stephan Kinsella. Welcome to the Menger Institute podcast. Stephan Kinsella: Thanks for having me. Yeah, I'm very excited to talk to you. How Stephan Kinsella Discovered Libertarianism 0:19 Matthew Geiger: I want to begin, I think, with how you got into libertarianism, your work with Murray Rothbard and Hans-Hermann Hoppe, and yeah if you could tell us your story. Stephan Kinsella: Well I am, as you mentioned, retired. I did patent law, I did various types of law for about 30 years in private practice in the US: oil and gas law first and then international law and then patent law. So I've done a variety. In the later part a lot of high-tech law. But on the side, I also did a lot of libertarian writing and thinking because I've been interested in it since about high school. I am from Louisiana. I just came from a conservative household but had zero political or economic knowledge or even historical knowledge. But a librarian gave me The Fountainhead to read in high school and I read it and that got me interested in philosophy and free market economics and individualism. So I started reading voraciously and very soon became a libertarian and then of course reading the Austrians like Mises and Rothbard and the others pretty soon became an Austrian libertarian and then an anarchist. And I've been like that since college or law school. In law school and after I started trying to expand or develop the theories I've been reading to make some progress where I thought I could. And so that's sort of been my avocation all these years as a lawyer and now it's my main hobby or interest. So that's how I got interested in it and I started attending Mises Institute events in 1995 and did that for many years. Libertarian vs. Anarchist: Definitions and Preferences 2:17 Matthew Geiger: This may be a question of semantics but you say libertarian and I want to know what your distinction is or preference for describing yourself as libertarian or anarchist. Stephan Kinsella: Yes, I've always been, so in my view there are two types of libertarians in the sense of your interest. One is activism, that is being part of some movement trying to make change, and then the other is just being interested in the ideas, and then the other is just being a libertarian, like acting in a peaceful way and following those rules....
Kinsella on Liberty Podcast: Episode 491. https://youtu.be/lfjpoKCWBDA I've known Paul Cwik, Professor of Economics and Finance at the University of Mount Olive and fellow of the Mises Institute since I started attending the Austrian Scholars Conference in 1995. He is an Austrian and libertarian of sorts but had some qualms with my anti-IP writing so presented a paper "Is There Room for Intellectual Property Rights in Austrian Economics?" at the Austrian Scholars Conference in 2008, which I attended and commented on. After 18 years we finally decided to get around to talking about this. I had planned on an hour but we ended up talking for 3. It turns out we were old friends but not that close; we didn't know much about each other. So the first 30-50 minutes or so is more preliminary discussion. To his credit, he read a good deal of the huge deluge of material I sent to read up on and asked many very good questions. He did not engage in intentional equivocation that is characteristic of many on the pro-IP side, and he was reasonable in conceding many of my points and was willing to ponder my push back. I was hoping to get him to see the light, since I have in person seen many people change their minds on IP after a long discussion but have never had it happen while recording. We did not resolve the issue, partly because we just didn't have enough time to keep going, but I think we made some progress. Maybe we will have a Part 2 later. Who knows. For now, some relevant links pertaining to some of the topics discussed. I will organize this better later. (Not to be confused with Bryan Cwik, who also has opinions on IP: “Good Ideas is Pretty Scarce”; Bryan Cwik, "Property Rights in Non‐rival Goods" (2, 3, 4); "Labor as the Basis for Intellectual Property Rights" (2; 3); Gamrot, Labor as the Basis for Intellectual Property Rights: Against Cwik.) IP Proponents Do Not Even Know The Difference Between Patent, Copyright, Trademark … Types of Intellectual Property It is impossible to own ideas Intellectual Property Rights as Negative Servitudes The “Ontology” Mistake of Libertarian Creationists See the Appendix to What Libertarianism Is: section “Concept and Definition of “Property”” The Structural Unity of Real and Intellectual Property Gamrot, Labor as the Basis for Intellectual Property Rights: Against Cwik The “Ontology” Mistake of Libertarian Creationists Objectivists: “All Property is Intellectual Property” A Recurring Fallacy: “IP is a Purer Form of Property than Material Resources” New Working Paper: Machan on IP “Aggression” versus “Harm” in Libertarianism Kinsella v. Schulman on Logorights and IP The Nature, Properties, and Characteristics of Goods (Igloo Coolers case) Fraud, Restitution, and Retaliation: The Libertarian Approach Libertarian Answer Man: Bitcoin and Fraud KOL274 | Nobody Owns Bitcoin (PFS 2019) On Property Rights in Superabundant Bananas and Property Rights as Normative Support for Possession Libertarian Answer Man: Self-ownership for slaves and Crusoe; and Yiannopoulos on Accurate Analysis and the term “Property”; Mises distinguishing between juristic and economic categories of “ownership” There are No Good Arguments for Intellectual Property Defamation as a Type of Intellectual Property (and trademark) KOL207 | Patent, Copyright, and Trademark Are Not About Plagiarism, Theft, Fraud, or Contract KOL020 | “Libertarian Legal Theory: Property, Conflict, and Society: Lecture 3: Applications I: Legal Systems, Contract, Fraud” (Mises Academy, 2011) Copying vs. Plagiarism: A Recent Illustration—Grau vs. Hernandez on Milei Re the practice of attribution and credit: see Stephan Kinsella, “Mises, Rothbard, Hoppe: An Indispensable Framework,” in Rothbard at 100: A Tribute and Assessment, Stephan Kinsella and Hans-Hermann Hoppe, eds. (Houston: Papinian Press and Property and Freedom Society, 2026), in the section “Excursus: The Role of Ideas in Human Action” “Copying, Patent Infringement, Copyright Infringement are not “Theft”, Stealing, Piracy, Plagiarism, Knocking Off, Ripping Off“ Intellectual Property Rights as Negative Servitudes Stop calling patent and copyright “property”; stop calling copying “theft” and “piracy” IP Proponents Do Not Even Know The Difference Between Patent, Copyright, Trademark … Fraud: A Libertarian Theory of Contract: Title Transfer, Binding Promises, and Inalienability, Part III.E “The Title-Transfer Theory of Contract,” Part IV.C Labor and Leisure Rothbard on the Main Fallacy of our Time: Marx's Labor Theory of Value KOL037 | Locke's Big Mistake: How the Labor Theory of Property Ruined Political Theory “Hume on Intellectual Property and the Problematic “Labor” Metaphor” Cordato and Kirzner on Intellectual Property Labor, Value, Metaphors, Locke, Intellectual Property Concise Tweet on the Problem with IP Against Intellectual Property After Twenty Years: Looking Back and Looking Forward: Part IV.D: "Overreliance on “labor” metaphors also leads to confusion about IP. Locke correctly argued that the first person to “mix his labor with” an unowned resource owns it, since he thereby establishes an objective link to the resource which gives him a better claim to it than latecomers.[55] However, Locke based his argument on the confused and unnecessary idea that a person “owns” his labor and “therefore” owns resources that he mixes it with. But labor is not owned—it is an action, something a person performs with his body, which he does own—and this assumption is not needed for the Lockean labor-mixture argument to work.[56] This mistaken notion leads some people to favor IP because they figure that if you own a scarce resource because you mix your labor with it, you also own useful ideas that are produced with your labor. The related Smith-Ricardo-Marx labor theory of value, which underlies Marxism and socialism, is also sometimes used to support IP, as when people argue that if you work or labor, you “deserve” some kind of reward or profit. All this focus on labor must be rejected as overly metaphorical and confused, and, frankly, Marxian.[57]" On Libertarian Legal Theory, Self-Ownership and Drug Laws: p. 632 Libertarianism After Fifty Years: What Have We Learned?, p. 687 Creationism: Libertarian and Lockean Creationism: Creation As a Source of Wealth, not Property Right Libertarian Creationism KOL012 | “The Intellectual Property Quagmire, or, The Perils of Libertarian Creationism,” Austrian Scholars Conference 2008 KOL037 | Locke's Big Mistake: How the Labor Theory of Property Ruined Political Theory Part III.C.2 C. Contract and Fraud Arguments for IP Fraud and Plagiarism “Copying, Patent Infringement, Copyright Infringement are not “Theft”, Stealing, Piracy, Plagiarism, Knocking Off, Ripping Off“ IP by Contract I discuss problems with the contractual argument for IP in: Kinsella (2008, pp. 51–55) — Against Intellectual Property Kinsella, April 8, 2025. “KOL458 | Patent and Copyright versus Innovation, Competition, and Property Rights (APEE 2025).” Kinsella on Liberty Podcast. Link Kinsella, Law and Intellectual Property in a Stateless Society, Part III.C Against Intellectual Property After Twenty Years: Looking Back and Looking Forward, n.46 June 13, 2021. “Richard O. Hammer: Intellectual Property Rights Viewed As Contracts.” C4SIF Blog. https://c4sif.org/2021/06/richard-o-hammer-intellectual-property-rights-viewed-as-contracts/ 2023t, Stephan Kinsella on the Logic of Libertarianism and Why Intellectual Property Doesn't Exist, text at n.52 Jan. 8, 2025. “David Gordon on IP.” C4SIF Blog. https://c4sif.org/2025/01/david-gordon-on-ip/ See also Wendy McElroy's perceptive comments on this issue in Kinsella (March 19, 2013). “McElroy: ‘On the Subject of Intellectual Property' (1981).” C4SIF Blog. Link Bouckaert (1990, pp. 795 & 804–805). Bouckaert, Boudewijn (1990). “What is Property?” Harv. J. L. & Pub. Pol'y 13, no. 3: 775–816 (attached) Related Links Hoppe on Intellectual Property The Universal Principles of Liberty A Selection of my Best Articles and Speeches on IP Key Works The Problem with Intellectual Property (2025) “Intellectual Property and Libertarianism”, Mises Daily (Nov. 17, 2009). Concise case against IP. An Overview of Libertarian Property Rights and the Case Against IP (from KOL341) How To Think About Property “The Overwhelming Empirical Case Against Patent and Copyright” Other Recommended KOL483 | The Economics and Ethics of Intellectual Property, Loyola University—New Orleans (a very good recent overview) KOL 037 | Locke's Big Mistake: How the Labor Theory of Property Ruined Political Theory Shownotes/Topical Summary (Grok) Stephan Kinsella with Paul Cwik • 2 hours 56 minutes In this nearly 3-hour conversation, Stephan Kinsella and economist Paul Cwik explore their personal histories, shared libertarian and Austrian foundations, and engage in a detailed, respectful debate on intellectual property — particularly copyright. Kinsella lays out his principled case against IP while Cwik defends copyright (but rejects patents). Timestamps & Detailed Summary 0:02 – Introduction and Casual Catch-Up Kinsella and Cwik greet each other and set the stage. Cwik explains he has wanted to discuss IP with Kinsella for years because their views differ. He notes he has persuaded people in person on IP and hopes to document the conversation. They acknowledge this is not a typical Kinsella podcast. 1:38 – How Long Have They Known Each Other? They reminisce about Mises Institute events. Kinsella's first was in 1990; Cwik started attending in 1995. They recall the Austrian Scholars Conferences and the tight-knit Austrian community at Auburn in the 1990s. ...
Welcome to The Daily Wrap Up, an in-depth investigatory show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (6/9/26). As always, take the information discussed in the video below and research it for yourself, and come to your own conclusions. Anyone telling you what the truth is, or claiming they have the answer, is likely leading you astray, for one reason or another. Stay Vigilant. !function(r,u,m,b,l,e){r._Rumble=b,r[b]||(r[b]=function(){(r[b]._=r[b]._||[]).push(arguments);if(r[b]._.length==1){l=u.createElement(m),e=u.getElementsByTagName(m)[0],l.async=1,l.src="https://rumble.com/embedJS/u2q643"+(arguments[1].video?'.'+arguments[1].video:'')+"/?url="+encodeURIComponent(location.href)+"&args="+encodeURIComponent(JSON.stringify([].slice.apply(arguments))),e.parentNode.insertBefore(l,e)}})}(window, document, "script", "Rumble"); Rumble("play", {"video":"v78vcdm","div":"rumble_v78vcdm"}); Source Links (In Chronological Order): Federal Court Overturns Historic Fluoride Ruling as Trump Admin Fights to Keep Fluoride in the Water Digital Embassies: Host Countries Build Data Centers For Foreign Nations To Access New Tab (19) Former Congresswoman Marjorie Taylor Greene
Subscribe to the podcastWe finish critiquing the the Hackernoon article about BIP-110.Is BIP-110 Bitcoin's Defense Against Spam or the Start of a Chain Split?Learn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
Mark Thornton replays his Rothbard University lecture on government spending and taxation, using Rothbard's framework of binary intervention to overturn the standard civics-story that taxes are “the cost” of government and spending is “the benefit.” Mark argues both are economically destructive and distortionary, and that treating them as neutral is a category mistake. Drawing on John C. Calhoun's class analysis, he distinguishes net taxpayers from net tax-consumers, explaining how political finance systematically transfers wealth, reshapes production, and undermines saving, family formation, and long-run growth. The lecture closes with a vivid “wagon” analogy: as more people move from pulling to riding, the whole economy slows and eventually stalls.2026 is the Year of Rothbard—Murray's 100th birthday—and we're celebrating by giving away free copies of Keynes the Man through June 30. Grab yours today at https://mises.org/issuesfreeRegister for our upcoming Mises Circle, Why Is the Healthcare System Broken?, June 27 in Windham, New Hampshire: https://mises.org/events/why-healthcare-system-broken-mises-circle-new-hampshire20% off listener offer on the insulated Minor Issues tumbler and three of Mark's books: https://mises.org/MinorIssuesTumbler. Use coupon code Thornton.Be sure to follow Minor Issues at https://Mises.org/MinorIssues
Subscribe to the podcastWe came across a Hackernoon article about BIP-110. We decided to read through it and critique it. We only got through the first half.Is BIP-110 Bitcoin's Defense Against Spam or the Start of a Chain Split?Learn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
Mark Thornton shares his recent Rothbard University lecture on the division of labor, the concept Adam Smith made famous as chapter one of The Wealth of Nations but never fully explained. Smith described workers specializing in tasks and productivity rising, then attributed the result to an invisible hand he couldn't account for. Rothbard accounted for it: the entrepreneur decides how to organize production, the capitalist funds it, and the price system guides both. Without them, the workers in Smith's pin factory would have no factory, no pins, and no wages. Mark traces this insight from Sparta versus Athens to feudalism versus Venice to Henry Ford's assembly line, showing why every system that ignored the entrepreneur failed for the same reason.2026 is the Year of Rothbard—Murray's 100th birthday—and we're celebrating by giving away free copies of Anatomy of the State through May 31. Grab yours today at https://mises.org/issuesfreeRegister for our upcoming Mises Circle, Why Is the Healthcare System Broken?, June 27 in Windham, New Hampshire: https://mises.org/events/why-healthcare-system-broken-mises-circle-new-hampshire20% off listener offer on the insulated Minor Issues tumbler and three of Mark's books: https://mises.org/MinorIssuesTumbler. Use coupon code Thornton.Be sure to follow Minor Issues at https://Mises.org/MinorIssues
In this discussion of Rothbard's seminal essay on the nature of the state, "The Anatomy of the State," Ryan McMaken takes a look at the state as a unique organization with a monopoly on the means of coercion. This organization, which is not to be confused with society in general, has its own ways of preserving itself and relating to other states.Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off
For too long, people have thought of the airwaves and waterways as “public” property that is best controlled by government. However, Murray Rothbard and others held that one could apply the institution of private property to both.Original article: https://mises.org/mises-wire/who-owns-airwaves-and-sea
THE KGB INVENTED ANTI-ZIONISM AND YOUR KID'S HISTORY TEACHER ASSIGNED THE TEXTBOOK. Thomas Massie lost the most expensive House primary in history and opened his concession speech with a Tel Aviv joke while Hasan Piker mourned. We trace the sixty-year pipeline from KGB propaganda to mandatory high school reading to the libertarian movement celebrated by its own enemies. Jennifer Welch says masculinity is fascism — a Harlem pastor says the Democrats made p*ssies out of their men. Plus Judge Napolitano on Clarence Thomas's SCOTUS dissent and Naomi Brockwell on what the government is buying about you right now without a warrant.
Remembering Murray Rothbard on our imperialistic wars: "The true principle of isolationism is that the government should be isolated and people who trade, interchange, and engage in voluntary travel, migration, and so forth should be allowed to peacefully do so."Original article: https://mises.org/mises-wire/murray-rothbard-war-and-isolationism
If he hadn't passed away in 1995, Murray Rothbard would have turned one hundred this year. Why do his ideas still endure, inspire, and provoke? The answer isn't nostalgia. It's that Rothbard's ideas continue to shape libertarian thought, economics, and the case for a free society in ways few thinkers ever have. His influence is visible in the modern liberty movement, in the resurgence of Austrian economics, and in the ongoing debates about property, the state, and intellectual freedom.Stephan Kinsella, himself a friend and ally of Rothbard disciple Hans-Hermann Hoppe, joins Cody Cook to explain why Rothbard's legacy endures. The episode argues that Rothbard still matters because he built a framework that remains indispensable for understanding political economy, human action, and the moral limits of state power.Audio Production by Podsworth Media - https://podsworth.com Use code LCI50 for 50% off your first order at Podsworth.com to clean up your voice recordings and also support LCI!Full Podsworth Ad Read BEFORE & AFTER processing:https://youtu.be/vbsOEODpQGs ★ Support this podcast ★
Saifedean reads the text of his new article on Argentina's Javier Milei experiment, and also reads the text of his tribute to Murray Rothbard, to be published in Rothbard At 100: A Tribute and Assessment, a collection of essays edited by Hans-Hermann Hoppe and Stephan Kinsella celebrating Rothbard's centenary, available for preorder now from The Saif House.Rothbard at 100: Hardcover – Preorder: https://academy.saifedean.com/product/rothbard-at-100-hardcover/