informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Oct 12 2010, 3:04 PM Category: History Source: Mises Institute Print

"Wall Street, Banks, and American Foreign Policy" by Murray N. Rothbard


Murray Rothbard's 1984 analysis of modern American history as a great power struggle between economic elites, between the House of Morgan and the Rockefeller interests, culminates in the following conclusion: "the financial power elite can sleep well at night regardless of who wins in 1984." By the time you get there, the conclusion seems understated indeed, for what we have here is a sweeping and compressed history of 20th century politics from a power elite point of view. It represents a small and highly specialized sample of Rothbard's vast historical knowledge coming together with a lifetime devoted to methodological individualism in the social sciences. It appeared first in 1984, in the thick of the Reagan years, in a small financial publication called World Market Perspective. It was printed for a larger audience by the Center for Libertarian Studies in 1995, and appears in 2005 online for the first time.

Theoreticians Left and Right are constantly referring to abstract "forces" when they examine and attempt to explain historical patterns. Applying the principle of methodological individualism which attributes all human action to individual actors and the economic principles of the Austrian School, Rothbard formulated a trenchant overview of the American elite and the history of the modern era.

Rothbard's analysis flows, first, from the basic principles of Austrian economics, particularly the Misesian analysis of banking and the origin of the business cycle. This issue is also discussed and elaborated on in one of his last books, The Case Against the Fed (Mises Institute, 1995). Here, the author relates the history of how the Federal Reserve System came to be foisted on the unsuspecting American people by a high-powered alliance of banking interests. Rothbard's economic analysis is clear, concise, and wide-ranging, covering the nature of money, the genesis of government paper money, the inherent instability (and essential fraudulence) of fractional reserve banking, and the true causes of the business cycle.

As Rothbard explains in his economic writings, the key is in understanding that money is a commodity, like any other, and thus subject to the laws of the market. A government-granted monopoly in this, the very lifeblood of the economic system, is a recipe for inflation, a debased currency and the creation of a permanent plutocracy whose power is virtually unlimited.

Read the full text here (.pdf)





Latest History
- Another Urban Legend? The Middle Ages Were the "Dark Ages"
- The U.S.'s Nazi Imports
- When Government Spreads Disease: The 1906 Meat Inspection Act
- The US Air Force Almost Nuked North Carolina
- Gun Control in Nazi Germany
- Obama's Former Foreign Policy Adviser Said -- In 1997 -- that the U.S. Had to Gain Control of Ukraine
- Tom DiLorenzo on John Stewart and His Lying Lincolnians
- 100 Years of War Lies DEBUNKED









Comments Add Comment Page 1 of 1
Hilary's Knickers

Posted: Jun 09 2012, 12:06 PM

Link
58164 FANTASTIC!!!! Thanks so much for making this available!!


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Man Dies After Cops Break His Neck, Sever His Spine, Bruise His Brain, Snap His Leg, And Crush His Larynx - 04/20Documents: National Guard Ordered To Consider Americans As 'Enemy Forces' And 'Adversaries' - 04/17Swarm of Philly Cops Beat Down Public Defender and Client Just Outside the Courtroom - 04/20Judge Lets Cop Off Easy In Brutality Conviction, Now He's Killed His Girlfriend & Himself In Murder-Suicide - 04/20Missouri Police Officers Resign After Black Female Mayor Is Elected - 04/20Video: Armed National Guard Troops Patrol Residential Streets in California - 04/17Mother Dies In Jail After Officers Ignore Her Cries For Help, No One Told The Family She Died - 04/20Report: 'Nearly Every' FBI Forensics Expert Gave Flawed Testimony In 'Almost All Trials' Over A 20-Year Period - 04/20

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top