Murray Rothbard & The Free Market vs MMT

[Ad Orientem]

OK so I just made an heroic effort to plow through at least most of the 9 pages of posts on the MMT thread here...
http://gyroscopicinvesting.com/forum/ht ... ic.php?t=9

One thing which struck me was the dearth of discussion of money from a free market perspective. To which end I will offer the audio version of the late Murray Rothbard's book What Has Government Done To Our Money? for discussion.

http://www.youtube.com/watch?v=XLvrpWVH ... ure=relmfu
Successive chapters are linked in the sidebar.

Rothbard is a controversial figure (though undoubtedly a genius) even among libertarians, as he belonged to the anarcho-libertarian school. But on a certain level a great deal of what he says does make sense to me. In particular his criticisms of the gold standard strike me as being dead on. All the gold standard ever did was give the state some level of control over gold and the ability to manipulate, albeit rather peripherally, the value of true money.

[Pointedstick]

You may be interested in this discussion we had a few weeks ago about alternative fully private monetary systems: http://gyroscopicinvesting.com/forum/ht ... ic.php?t=0

[Ad Orientem]

Thanks! Will scope it out.

[Ad Orientem]

Just as an FYI some of Rothbard's other works have been uploaded as audio books on youtube as well.  Just do a subject search.