Murray Rothbard Gives a Tribute to Ludwig von Mises

[@RKAddict101]

"Counterfeiters do something serious... they're interfering with the government's monopoly of counterfeiting." - Murray N. Rothbard 40:41

[@Si_Mondo]

The most I've laughed today! Shit! Probably the most I've laughed *all* week!

[@Freefolkcreate]

He's so badass.

[@batmanthe]

Virtually no one had done the work to show the full fledged logic, principles, ethics and economics of anarcho-capitalism except Murray Rothbard who built on Mises and those like Lysander Spooner. It shouldn't be a surprise to anyone that Mises wasn't willing to go all the way, when he only had encountered it fairly late in life.

[@ericglowacki7833]

8:25 - 9:57 a hilarious story about Keynes reviewing a book written in a language he doesn't understand

[@Panax07]

Paul Krugman, Brad Delong and the Chicago School Economists disliked this video.

[@rogerpattube]

And the ghost of John Maynard Keynes.

[@Si_Mondo]

@@rogerpattube I heard he had admitted fault in his theory before he died. Granted, the formative words in that sentence are "I heard".

[@NiktoPH]

@@Si_Mondo no he did not. He admitted that his "General Theory" is not so general but only solution to great depression and shouldn't be used on another recessions and problems. He said that to Hayek and then died.

[@hansosanchez]

the first four dislikes are from: peter bofinger, wolfgang schäuble, timothy geitner and ben bernanke. rumours have it, they just didn't get it. Very nice to see this after all the time. Thanks for the upload!

[@georgeash4008]

President Xi liked this video because losers like Rothbard will let China become the dominant global power.

[@MatthewJohnHayden]

Oh Murray, with your burly Brooklyn accent and your Austrian ways... {swoon}

[@santisven]

Thank you for this!

[@georgeash4008]

Said Ayn Rand after Murray showed her his small penis.

[@aaronburr2816]

Love it

[@PrivateAckbar]

I like Murray's Columbia story 27mins in. I've heard an interview with JoAnn Rothbard where she mentions all the beat generation writers so they must have been the ones having the lefty arguments.

[@apu_apustaja]

*Is there any possibility that you could put this through an audio filter to remove the horrible low pitched hum, then re-upload it?*

[@Joe11Blue]

There is some truth in this, in that the defined status of a Vigilante is one whom takes the law into one's own hand's. Where in the AC scenario, the person that refused to buy security or simply would not be able to afford it would in essence be a Vigilante. I fail to see why there is a problem with this though. If we had Vigilantes today I would think the world would be a far safer and honest place.

[@kjakobsen]

Pity the sound is so broken.

[@ItsFazsha]

Rothbard was a nonarchist; he believed you didn't have to pay for services you didn't want, but people could pay for government services they wanted.

[@georgeash4008]

He was also a cross dresser, he used to steal Ayn Rand's enormous underwear for that purpose. That is why she hated him so much.

[@MisesCelebrations]

Not worth a little editing to get rid of the electronic feedback "hummmmmm"?

[@georgeash4008]

That is Murray's electric butt plug you can hear.

[@CharlesJudePrestia]

I'm sitting here with a bowl of popcorn, totally absorbed in this dialog. (I need a more constructive hobby)

[@gildobacci4996]

totally agree

[@pipewerkz]

One dislike already? Is that you, Rand? - jk...

[@georgeash4008]

Rand didn't like Murray because his small penis could not satisfy her. Murray admitted only by thinking about a naked Barry Goldwater could he get hard.

[@howardroark61]

9:20 - Keynes is a joke

[@Tyrant_13]

Mises thought Rothbard was arguing for an *absence* of law and security, not *freedom to compete* in law and security. So, tell me then, how is more freedom "incompatible with liberty"?

[@theGuilherme36]

No, you're wrong: "... [Mises] had come in touch with the burgeoning anarchist movement already in the years leading up to the publication of Human Action, especially through his contacts with west-coast libertarians but also in correspondence with Rose Wilder Lane. His debates with these American radicals had remained fruitless. But after some twenty years, their extreme anti-statism had gained momentum. The best proof was the existence of the Circle Bastiat involving Rothbard, Raico, and Liggio. Raymond Cyrus Hoiles, publisher of the Freedom Newspaper chain, boasted of this growing impact in a letter to Mises, their first correspondence in thirteen years. Answering Mises’s contention that no rational man ever proposed that the production of security be entrusted to private associations [...]" Jörg Guido Hülsmann, Mises: The Last Knight of Liberalism, p. 1025 "Mises replied in a Hobbesian manner, objecting that in the absence of a monopoly of the use of coercive force, “everybody would have continually to defend himself against hosts of aggressors.” He concluded: "I think you err in assuming that your principles are those of the Declaration of Independence. They are rather the principles that led a hundred years ago the Confederate States to refuse to recognize the President elected by the majority. Wherever and whenever resorted to, these principles will lead to bloodshed and anarchy."" Jörg Guido Hülsmann, Mises: The Last Knight of Liberalism, p. 1026 "In order to preserve the state of affairs in which there is protection of the individual against the unlimited tyranny of stronger and smarter fellows, an institution is needed that curbs all antisocial elements. Peace-the absence of perpetual fighting by everyone against everyone- can be attained only by the establishment of a system in which the power to resort to violent action is monopolized by a social apparatus of compulsion and coercion and the application of this power in any individual case is regulated by a set of rules-the man-made laws as distinguished both from the laws of nature and those of praxeology. The essential implement of a social system is the operation of such an apparatus commonly called government." (Ludwig von Mises, Human Action, XV. 6)

[@j4ck2234]

Vigilantism is a bit of a bit of a stretch, there would be private security forces. You know like in Iraq and Afghanistan, where they already make up a force almost equal to that of the incompetent government monopoly. One of the many differences in a free society would be that such security companies would have to be paid without the amenities of a fiat-money printing press.

[@jamk916]

If all free-marketeers (nobody gets along with anyone) would had came together there would be no tyranny today.

[@Si_Mondo]

Some weren't really free-marketeers though were they...

[@batmanthe]

I SAID Anarcho-capitalism. There are many forms of philosophical anarchism. Traditional anarchism is a FAR CRY, don't oversimplfy. The work I have read from Nozick was not well refined at all compared to Rothbard. I am not saying that Rothbard is a be-all-end-all, merely the first to refine most of the key elements of anarcho-capitalism and yes he addressed all of Nozick and Mises objections throughly.

[@PenguinProseMedia]

[M]ost who would call themselves [Ancaps] are opposed to...'rulers'...who use[s] the initiation of force..." First, the notion of a "ruler" is a bit of a straw man--what libertarian supports a "ruler". Second, how else would a government enforce its legitimate role of protecting private property except by implementing its monopoly on the use of force intentionally granted to it by the private sector/individual populace? If there's no government, we have vigilantism, which I assume Ancaps oppose

[@vcalv9354]

Intentionally granted to it by the private sector/ individual? If the state has to use force to maintain its monopoly of force then that cannot be "intentionally granted" to it by the private sector/individual.

[@Si_Mondo]

We don't oppose vigilantism per se. That's only if, for example; the security firm that had been fired by the local community needs to be reminded that they no longer work for the community, and that this is how it is till we make contract with a new firm. In theory this should be an unlikely scenario because the machinations of the free market requires good business attitudes, so it would be bad for business for a security firm to be this corrupt.

[@garyd.4009]

*Ludwig von Mises* emphasized voluntary AGREEMENTs on the free-market. *mises* noun. a settlement or agreement. Law. the issue in a proceeding instituted on a writ of right. *premises | pre mises* noun LOGIC a previous statement or proposition from which another is inferred or follows as a conclusion. "if the premise is true, then the conclusion must be true" verb verb: premise; 3rd person present: premises; past tense: premised; past participle: premised; gerund or present participle: premising base an argument, theory, or undertaking on. *Murray N. Rothbard* more elequently re-stated Mises' teatise, Human Action, in his own treatise, Man, Economy, and State, viz. reciting epics and associated with a particular tradition (Austrian Economics). *Roth* Roth Name Meaning. German and Jewish (Ashkenazic): nickname for a person with red hair, from Middle High German rot, German rot 'red'. *bard* noun ARCHAIC•LITERARY a poet, traditionally one reciting epics and associated with a particular oral tradition.

[@ukillnub201]

Yes but private security (in my view) would provide a highly ineffective way to enforce contracts. In a free market, a private army would be free to choose who it decides to work with/protect and who it does does not. As a result, private security will only enforce specific contracts. In cases where a private force chooses not to enforce contract law capitalism/free market cannot exist b/c people will be incentivize to steal and murder rather than trade goods and services.

[@jackdonnelly427]

ukillnub201 I also struggle with the question. I do have to say though the US justice system is pretty arbitrary in enforcing contracts as well. Mortgage note agreements on defaults are often disrupted by judges who see the contracts as morally wrong. Also, even if a clause stating you can’t sue is included in a contract it doesn’t really hold up in the US any longer.

[@calvincoolidge8180]

21:33

[@georgeash4008]

Calvin did you know Murray used rto jack off over pictures of you, while Ron Paul watched?

[@batmanthe]

Rothbard was not arguing for the "absence of law and security". You are conflating the use of a poor word "anarchy", to actual ideas. An obvious and petty straw man.

[@Freefolkcreate]

I don't get why Mises, Ayn Rand and some notable other brilliant people are so confused about what they think of as primitivism. I'm suddenly transported to 1945 where people are called savages because they don't drink Coca-Cola, or drive Cadillacs, or something. It's too bad. I find hope in different cultures that continue to exist in this ruthless world not becoming hooked on pharma, or some other crap. That said, I don't judge them for it. Perhaps it's just the times. Curious though.

[@Tyrant_13]

"Rothbard was arguing for the absence of law and security in society by advocating for anarchy - even if there are voluntary associations. Anarchy ain't libertarian - classical liberalism, the ideas of Madison and Jefferson - that's libertarianism." If Rothbard advocated for the absence of security and a legal system, why then does he discuss private law and private defense in his books and articles? The rest of your writing is non-argumentation.