Anniversary of Murray Rothbard’s Death

Today is the anniversary of the death of Austrian School economist Murray Rothbard in 1995. Along with Ludwig von Mises and others, Rothbard was one of the men most responsible for popularizing the Austrian School of Economics in the United States. Following in the vein of Carl Menger, the founder of the Austrian School, Rothbard made important contributions to economics as well as economic and monetary history, and gave penetrating insights into the public policy impacts of monetary policy. For those wishing to begin reading Rothbard’s work on money and banking, his short book “What Has Government Done to Our Money?” and the longer “The Mystery of Banking” are great introductions to and explanations of the workings of the American banking and monetary system.

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