Showing posts with label Murray Rothbard. Show all posts
Showing posts with label Murray Rothbard. Show all posts

Saturday, August 9, 2008

Freedom, Inequality, Primitivism, and the Division of Labor

Everyone should take the time to read this essay by Murray Rothbard. Though fairly long, no other article makes the case for freedom and the inherently unequal nature of each person's physical and mental endowments as concisely and poignantly, as well as serving to recognize the impact of both on the division of labor. Our current civilization is the product of individuals, using their unique skills and talents, to create new and better things, and any attempt to aggravate the ability of individuals to take advantage of their unique endowments can only serve to frustrate the further extension of the division of labor, while potentially causing an overall reduction in the standard of living for all. And, if the restrictions are especially grievous, a significant portion of the current population could perish. Also, here is Rothbard's brief introduction to the essay.

Sunday, June 22, 2008

Friedman and the Austrians

Milton Friedman was often vilified by the Austrians and had a fairly well-known rivalry with Murray Rothbard. Rothbard even lectured about the shortcomings of Friedman. The Austrians took issue with his methodological practices and his willingness to compromise on certain policies and make political concessions that the Austrians would find untenable. Despite that, Friedman was no enemy of the Austrians, as this video would readily prove. In fact, I think the Austrians should acknowledge Friedman for the role he has played in forstalling the growth of government throughout his career and his continuous advocacy of everything that would promote liberty and freedom. Friedman likely preferred everything synonymous with complete laissez-faire. It would be fair to acknowledge that before criticizing him for his willingness to get his hands dirty in the thorny and contemptible world of politics. Friedman was not perfect; though none of us are.