This anthology contains seminal essays on the ideal monetary system. From Sennholz's discussion of Mengerian monetary theory to Ron Paul's espousal of a political agenda that champions a gold standard, readers will find that this book serves a dual role--It is both an introduction to Austrian monetary theory and a guide to important events in monetary history. Be sure to add this edition featuring essays by some of today's foremost Austrian thinkers to your collection!
Against the State: An Anarcho-Capitalist Manifesto diagnoses what is wrong with the American political system and tells us what we need to fix things. The cure is a radical one because, as the book incontrovertibly shows, the many problems that confront us today are no accident. They stem from the nature of government itself. Only peaceful cooperation based on the free market can rescue us from our present plight. Against the State is written by Lew Rockwell, the founder of the Mises Institute and LewRockwell.com, and the closest friend and associate of Murray Rothbard, the leading theorist of anarcho-capitalism. Rockwell applies Rothbard’s combination of individualist anarchism and Austrian economics to contemporary America. The book shows how the government is based on war, both against foreign nations and against the American people themselves, through massive invasions of our liberties. Fueled by an out-of-control banking system, the American State has become in essence fascist. We cannot escape our predicament through limited government: the government is incapable of controlling itself. Only a purely private social order can save us, and Rockwell succinctly sets out how an anarcho-capitalist order would work.
Mises said that teaching the public was just as important as addressing scholars maybe more so.That is what Lew Rockwell specializes in: history and theory and analysis in defense of the free society, written in clear prose to reach a broad audience. Rockwells new book is as pro liberty as it is brutally critical of government. It is relentlessly forthright yet hopeful about the prospects for liberty. It is rigorous enough to withstand the enemys closest scrutiny, and chock full of the energy and enthusiasm that will keep you reading. As a collection of speeches delivered over a period of ten years, Speaking of Liberty is long (470 pages), but it is the kind of book people will want to see in the hands of friends, family, and students. The book begins with economics, and explains why Austrian economics matters, how the Federal Reserve brings on the business cycle, why we need private property and free enterprise, the unrecognized glories of the capitalist economy, and why the gold standard is still the best monetary system. The remaining sections deal with war, Mises and his work, other important thinkers in the libertarian tradition, and the culture and morality of liberty. The book is united by a set of fixed principles: the corruption of politics, the universality and immutability of the ideas of freedom, the centrality of sound money and free enterprise, the moral imperative of peace and trade, the importance of hope and tenacity in the struggle for liberty, and the need for everyone to join the intellectual fight. We all have searched for the book we could give to friends and neighbors, business associates and family members, to explain why we believe in the cause of liberty. Speaking of Liberty is that book. "Critics of the free market are therefore the Wile E Coyotes of our day: sitting on the stool in comfort, they systematically saw away at the legs beneath them, on the absurd assumption that they will be able to hang in the air indefinitely after their work is done. Along comes Lew Rockwell and shouts as loud as he can: Beep, beep." Gary North
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