Podcast appearances and mentions of Murray Rothbard

Have you mapped out your investment strategy to fit into the future? In this episode of Pillars of Wealth Creation, Todd Dexheimer sits down with David Morgan from The Morgan Report to discuss how our money system is changing. Inflation has eroded the value of the dollar, and digital currency and technology are disrupting investing. David Morgan discusses the future of currency and how having a real plan with your money and your investing strategy will set you up for future success. We cover investing in hard assets like Gold, Silver, and Real Estate and how to protect your money from money devaluation. Favorite Book: What Has Government Done to Our Money? by Murray Rothbard. Pillars of Wealth Creation 1. Produce more than you can consume 2. Own, don't owe 3. Preserve what you build David Morgan is a globally recognized precious metals analyst, consultant, and publisher of The Morgan Report, a leading investment newsletter focused on building and preserving wealth through sound money principles. Author of The Silver Manifesto and producer of the documentary Silver Sunrise, he has been a guest on CNBC, Fox Business, Yahoo Finance, MSNBC, and BNN. If you would like to connect with David, visit the website: https://www.themorganreport.com/ YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

Murray Rothbard realized the present system of punishment for committing crimes is both inadequate and unjust. We need to move to a system of restitution.Original article: https://mises.org/mises-wire/i-spent-28-years-arresting-criminals-rothbard-was-right-all-along

Murray Rothbard realized the present system of punishment for committing crimes is both inadequate and unjust. We need to move to a system of restitution.Original article: https://mises.org/mises-wire/i-spent-28-years-arresting-criminals-rothbard-was-right-all-along

Reviewing Lawrence H. White's Free Banking in Britain, Murray Rothbard dismantles the claim that Scotland enjoyed a century of successful free banking before the Peel Act of 1845. Drawing on Sydney Checkland's history, he shows that the Scottish banks pyramided credit on the Bank of England rather than standing on their own specie, suspended payment alongside England from 1797 to 1821, and let reserves fall from 10–20 percent to as little as 1 percent, while depositors who asked for gold met argument, rebuff, and the threat of losing future credit. The rarity of bank failure that White counts as proof of success, Rothbard argues, is evidence of the opposite.

Description: Four talks from Rothbard's centenary celebration last month in Porto:Ammous: Rothbard on PalestineHoppe: Hurdles, Obstacles, and Surprises on the Road to RothbardianismKinsella: Rothbard's Greatest HitsDe Mombynes: Rothbard & BitcoinThe accompanying book, Rothbard at 100, is available from TheSaifHouse.com

Bob reviews Murray Rothbard's 1988 essay "The Myth of Free Banking in Scotland," his sharp response to Larry White's influential account of Scottish free banking.Related:Rothbard's Article, "The Myth of Free Banking in Scotland": Mises.org/HAP560aBob's Debate with George Selgin on Fractional Reserve Banking: Mises.org/HAP560bGeorge Selgin's Article, "Scottish Banks and the Bank Restriction, 1797–1821": Mises.org/HAP560cJoe Salerno's Article on Mises as Currency School Free Banker: Mises.org/HAP560d

Bob reviews Murray Rothbard's 1988 essay "The Myth of Free Banking in Scotland," his sharp response to Larry White's influential account of Scottish free banking.Related:Rothbard's Article, "The Myth of Free Banking in Scotland": Mises.org/HAP560aBob's Debate with George Selgin on Fractional Reserve Banking: Mises.org/HAP560bGeorge Selgin's Article, "Scottish Banks and the Bank Restriction, 1797–1821": Mises.org/HAP560cJoe Salerno's Article on Mises as Currency School Free Banker: Mises.org/HAP560d

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Murray Rothbard's economic perspective changed significantly in 1949 when he met Ludwig von Mises and read his magnum opus, Human Action. With the financial support of the Volker Fund, Rothbard accepted Mises's offer to write a textbook rendition of his treatise. Early on, Rothbard evinced a thorough understanding of Mises's monetary transmission mechanism and praxeological method. This allowed him to further develop the theories of value and price formation the emerging neoclassical synthesis had neglected. In particular, Rothbard used the means-ends relationship to deduce the law of ordinal marginal utility rankings and contrasted it with modern theories of utility. He then showed how this law logically resulted in demand schedules that always sloped downward, which in turn led to a theory of pricing that explained the process of equilibration to the market clearing price. Finally, he extended his analysis to price formation in a monetary economy. In addition to exhibiting his own intellectual progress, Rothbard's developments significantly advanced economic science because Mises assumed these logical deductions but never actually derived them.

Murray Rothbard used his general-equilibrium approach with its emphasis on economic interrelations to erect a systematic framework of interventionism. He started by elaborating further on the concept of the purely free market and developing a comprehensive welfare theory. He then proceeded to create a typology of government policy, formulate a novel theory of monopoly that distinguishes between a monopoly price and a free-market price, develop an original theory of backward tax imputation, and analyze the calculational chaos caused by government expenditure. The capstone of Rothbard's analysis of interventionism was his integration of the Mises–Hayek theory of the business cycle into general economic theory. Rothbard was thus able to demonstrate how the boom could result only from credit expansion and not from an increase in the supply of commodity money such as gold. He also demonstrated how credit contraction during the bust promotes recovery. With these advances in the Austrian theory of the business cycle, Rothbard finally completed the monumental task of deducing the entire corpus of economic theory using the praxeological method.

The completion of the first draft of Man, Economy, and State enabled Murray Rothbard to move on to other activities and projects. He earned his doctorate in 1956 and reviewed papers and books for the Volker Fund, evaluating contemporary research using the body of economic theorems he had deduced. Focusing on the Chicago School, Rothbard criticized Israel Kirzner's attempt to fuse Austrian insights with neo-Marshallian production theory as well as Milton Friedman and others' neo-Fisherian monetary economics. Rothbard not only criticized new publications; he also continued to edit his treatise, adding new references and making other changes. In 1962, despite professional and institutional obstacles, Man, Economy, and State was finally published. With it, Rothbard greatly advanced the Austrian tradition and firmly positioned himself as Mises's heir.

Murray Rothbard started his career with a foundational training in neoclassical economics. At Columbia University, he learned from highly regarded professors and demonstrated a thorough understanding of the positivist method, Keynesian and Marshallian economic theory, and institutional empirical analysis. Crucially, Rothbard perceived the fact that critical errors existed in these disparate strands of knowledge, although he could not yet articulate them. But the recognition itself motivated him to take the highly important step of contacting the free-market Foundation for Economic Education and the William Volker Fund, thereby discovering Austrian economics.

Murray N . Rothbard: The Making of an Austrian Economist is written for everyone interested in Rothbard's economic theory and Austrian economics in general. We hope it will serve as a useful complementary volume to Man, Economy, and State by elucidating Rothbard's many contributions and the process by which he developed an integrated structure of economic theory using the praxeological method.

Murray Rothbard's project drastically changed in mid-1953. Unable to rely on Mises's sparse treatment of production theory, Rothbard adopted his old Marshallian approach, focusing on an individual firm that faced fixed prices and restricted investment decisions. But he soon recognized the pitfalls of Marshallian partial equilibrium and discarded it for Austrian general equilibrium, emphasizing the Böhm-Bawerkian capitalist-entrepreneur's ability to invest in multiple firms across the structure of production and influence market prices. In doing so, Rothbard finished the Böhm-Baverkian system by integrating the pure time preference theory of interest of Frank A. Fetter and Ludwig von Mises into the production structure analysis of Knut Wicksell and F. A. Hayek. This interrelatedness approach led Rothbard to differentiate between factor incomes, apply Mises's theory of the impossibility of socialist economic calculation to a vertically integrated firm, and expose the flaws of neoclassical monopoly and competition theory. With these theoretical breakthroughs, by 1955 Rothbard moved beyond his initial goal of “bringing to the surface and clarifying” his mentor's “edifice” to deducing the architectonic edifice of praxeological economic theory along the lines of Mises's “great book” suggestion.

Egalitarians assume people would be equal but for oppression or the random hand of luck, and that where injustice can't be shown, luck alone justifies equalizing by force. Joshua Mawhorter turns the presupposition around. Drawing on Rothbard's Egalitarianism: A Revolt Against Nature and Sowell's Discrimination and Disparities, he argues that inequality is the normal condition of a world of scarcity, change, time, and choice; that it is precisely what makes exchange possible; and that the only equality worth defending is equality of liberty under the rule of law.Recorded at the Mises Institute in Auburn, Alabama, on July 25, 2026.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.

On the 250th anniversary of the American Revolution, the French Revolution is being re-litigated again—the left holding it up as necessary progress, conservatives citing Burke to argue it proves free-market ideas end in blood. Ryan McMaken, drawing on Rothbard and Ralph Raico, rejects both. Liberalism's role, he argues, was small and confined to the revolution's first months; what followed owed nothing to Jefferson and everything to three forces—the extreme centralization of the French state, twenty-five years of war, and a revolutionary regime that simply replaced the old bureaucracy with a harsher one while keeping every lever of power intact. The real mirror of the American Revolution wasn't the revolution at all, but the decentralist, secessionist peasants of the Vendée it crushed.Recorded at the Mises Institute in Auburn, Alabama, on July 25, 2026.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 turns Austrian analysis on economic inequality itself—not whether the pie is growing, but how government intervention re-slices it. Drawing on Rothbard's distinction between specific and general factors of production, he shows the mechanism: any protection, license, tariff, or subsidy enriches the insiders of the favored industry while forcing the displaced resources out into the unprotected economy, where they compete down everyone else's wages and returns. He works the logic through healthcare, and frames the whole thing around the rise of democratic socialism in America's cities—arguing the young are right to be angry about the debt, Social Security, and unaffordable healthcare their elders voted in, even as the socialist cure would deepen the disease.Recorded at the Mises Institute in Auburn, Alabama, on July 24, 2026.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.

Dr. Wanjiru Njoya argues that private property is the indispensable cornerstone of liberty and civilization, and that anti-discrimination laws—however well-intentioned—are a form of aggression against property that nudges society along the continuum toward socialism. Drawing on Rothbard, Hoppe, and Mises, she defends property rights as absolute, carefully distinguishes political philosophy from personal morality, and warns that eroding property will, in Mises's words, cause civilization itself to perish.Recorded at the Mises Institute in Auburn, Alabama, on July 24, 2026.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.

Patrick Newman presents the book he and Joseph Salerno have written, Murray N. Rothbard: The Making of an Austrian Economist. He traces Rothbard's path from a Columbia PhD steeped in the neoclassical synthesis, through his 1949 encounter with Mises and Human Action, to the writing of Man, Economy, and State—a project that began as a beginner's textbook and grew into the treatise that stands beside Human Action at the core of the Austrian tradition. Along the way: Rothbard's neglected theory of production, his reconstruction of welfare economics, and Mises's own remarkable assessment of his heir.Recorded at the Mises Institute in Auburn, Alabama, on July 24, 2026.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.

Austrian economics did not begin in 1871. Mark Thornton traces its lineage back through the thinkers the mainstream dismisses: the Spanish Scholastics, who worked out subjective value and the effects of inflation while dismantling the case against usury; the anti-mercantilists who told Louis XIV to abolish his taxes; the Physiocrats; and above all Richard Cantillon, whom Rothbard called the father of modern economics. Drawing on twenty-five years of his own research, Thornton makes the case for why the history of economic thought is not antiquarianism but a laboratory—and notes that the good ideas tend to appear precisely when the state grows tyrannical, overtaxes, and overspends.Recorded at the Mises Institute in Auburn, Alabama, on July 23, 2026.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.

Drawing on his forthcoming book on environmental economics from an Austrian perspective, Timothy Terrell takes apart the standard case for environmental intervention. Following Roy Cordato and Rothbard, he argues the "best use" of a natural resource is not something a planner can determine—it's discovered through profit and loss—which leaves us unable to judge whether any given policy moves us toward or away from what people actually value. He then examines the two main attempts to price the environment without markets, contingent valuation and hedonics, and shows why both founder on subjective value and interpersonal utility comparisons. He closes with the history of federal land conservation, where Gifford Pinchot's Bureau of Forestry, the timber companies, and the land-grant railroads all found the same policy convenient.Recorded at the Mises Institute in Auburn, Alabama, on July 22, 2026.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.

With New York reviving a citywide rent freeze, Joseph Salerno returns to the economics of price controls. Following Mises and Rothbard, he shows how a single cap—on milk, say—triggers shortages that pull in control after control until the state is planning everything. He tells the story of postwar Germany, starving under price controls until Ludwig Erhard abolished them in a stroke, and then traces the surprising long-run damage of rent control: not just housing shortages, but frozen mobility, decaying buildings, black markets, and even more discrimination.Recorded at the Mises Institute in Auburn, Alabama, on July 21, 2026.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.

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

Ancap Tim returns to discuss his new album, It's Not Left vs. Right, and the story behind the song inspired by the phrase, “Sometimes being a good Christian means being a bad Roman.” Drawing from his life as a musician, homesteader, homeschooling father, and Christian anarchist, Tim explains why allegiance to Jesus must come before allegiance to government, party, or nation. This is not a call to become more anti-government. It is a call to become more like Christ.   They dig into: The story behind “Sometimes Being a Good Christian Means Being a Bad Roman” Why Matthew 20:25–28 challenges domination and political power How love offers an alternative to coercion Why Christian discipleship must remain voluntary The difference between the Kingdom of God and the kingdoms of this world How music, humor, homesteading, and ordinary faithfulness can become acts of resistance Can Christians seek power over their neighbors while following a King who knelt to wash feet? Can love be commanded, enforced, or legislated? What does “Not so with you” mean in a church shaped by political fear and tribal loyalty? Let's talk about it.

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

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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

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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

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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 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.

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.

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.

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.