No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, April 18, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Murray Rothbard as David Gordon Remembers Him

by TheAdviserMagazine
1 month ago
in Economy
Reading Time: 4 mins read
A A
Murray Rothbard as David Gordon Remembers Him
Share on FacebookShare on TwitterShare on LInkedIn


March 2 would have been Murray Rothbard’s 100th birthday, so it is only fitting that I devote this week’s column to my great friend and mentor. I have often written about his life, but this time I would like to describe him as I found him in our many conversations, both in person and over the telephone.

One of the greatest joys of my life was listening to Murray Rothbard. A conversation with him might take you anywhere. The last time I spoke to him, about a week before he died, he talked about a problem in Schumpeter’s economic theory, a recent book on Jewish theology, the fallacies in a philosophical defense of backwards causation, the O.J. Simpson case, and Hegel’s relation to the tradition of German mysticism.

On every topic, he had illuminating things to say, all delivered in his rapid voice, accompanied by that unmistakable laugh. Murray could grasp the essentials of an argument as fast as anyone I have ever met and at once bring to bear on whatever the point at issue his immense learning. On one occasion I had to give a joint seminar with him at the Ludwig von Mises University summer program. He had just read an article by Milton Friedman, highly critical of Mises, which he viewed with less than complete enthusiasm. He proposed to devote the seminar to an analysis of the article and—with barely a pause for breath—demolished each paragraph of the piece. Another year, he began his seminar with a brilliant hour-long discussion of political power that ranged from Lao-tse through Hobbes and Locke to the public choice school.

His immense knowledge of many different fields was unsurpassed in my experience. In a lecture on the Austrian theory of the business cycle, he mentioned the common objection that the expansion of bank credit might have no effect, if investors anticipated trouble. After the lecture, I asked whether Mises had answered this point. He said, “See his response to Lachmann in Economica, 1943.” I often went to used bookstores with him, in both Palo Alto and Manhattan, and listened to him as he commented on nearly every book on the shelves. When he was a student at Columbia, he admired the philosopher Ernest Nagel, who he said would always encourage students to do new work. Murray was like this himself. He constantly encouraged students to work on Austrian and libertarian topics.

His immense knowledge extended far beyond academic topics. He not only followed presidential campaigns, but he had a detailed knowledge of congressional races as well. He could take any congressional district in the United States and tell you who was running and what the main issues in the district were.

The Libertarian Party, in which he was an active force for a number of years, attracted many odd characters, and of course Murray had detailed information about nearly all of them. He would often regale his friends with hilarious stories about their adventures. In this he was joined by his wife Joey, who shared his interest in what everybody was doing. During the 1979 LP convention at the Bonaventure Hotel in Los Angeles, he gave a talk at a local libertarian supper club. Joey said to me about the leader of the club, “Do you know what she paid Murray for the talk? Zip!”

Naturally enough, Rothbard had strong likes and dislikes. He loathed Bill Clinton, and Joey told me that when he was watching Clinton speak on television, she had to restrain him from rushing to the TV set and kicking in the screen. Murray and Robert Nozick really didn’t like each other much. It was much more that Nozick didn’t like Murray than the other way around. I always had to bear in mind when I was talking to Murray about Nozick, whom I was dazzled by, that he didn’t like Nozick very much. Ralph Raico and Bruce Goldberg brought Nozick to Murray’s apartment, and at first, they got along well, but when Murray mentioned his view that you can’t measure interpersonal utility, Nozick dismissed his remarks with a laugh. A less esoteric issue on which they differed was the Middle East. Nozick was very pro-Israel and Rothbard was very much the other way. They also had some differences on particular candidates in the Libertarian Party, tending to support different people. Murray was very involved in Libertarian Party politics, and he would be very upset with people who supported a different group from the one that he wanted and kept arguing about the matter with him.

He would insist on what he believed was right, but I think the thing that’s sometimes overlooked is that the people who opposed him tended to be very insistent on what they thought and they kept arguing with him and wanted to insist on what they thought. It was only if they kept after him that he would eventually lose his temper. I remember there was one case where George Smith and Wendy McElroy—who were very prominent libertarians in Los Angeles circles—were supporters of non-violent resistance to the state and for that reason they became very interested in the thought of Mahatma Gandhi and wrote about him. Rothbard had some very negative comments on Gandhi, for example, that during World War I he had given recruiting speeches in India for the British Army, not what you would have expected from a supposed pacifist. After Murray’s attack on Gandhi, Wendy McElroy wrote a reply defending Gandhi and Murray was perfectly alright with that. But then George Smith wrote another very much sharper criticism of Rothbard, and Rothbard got very upset. Joey had to ask me not to read passages from George’s article when I was on the phone with him.

Murray Rothbard was a man of unique energy and passion, combining intellectual genius with a passion for liberty. I wish that all my readers could have met him.



Source link

Tags: DavidGordonMurrayremembersRothbard
ShareTweetShare
Previous Post

Best CD rates today, March 6, 2026 (up to 4% APY return)

Next Post

The last 3 years were the hottest ever recorded. Here’s why we may look back at them as some of the coolest we remember

Related Posts

edit post
Central bankers, politicians warn of global risks as Iran war drags on

Central bankers, politicians warn of global risks as Iran war drags on

by TheAdviserMagazine
April 18, 2026
0

A man walks among buildings destroyed in a joint attack by Israel and the United States on April 6, 2026,...

edit post
Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold

Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold

by TheAdviserMagazine
April 17, 2026
0

Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the...

edit post
Jesus and the Christian Socialist’s Problem of Evil

Jesus and the Christian Socialist’s Problem of Evil

by TheAdviserMagazine
April 17, 2026
0

In philosophy and theology, there is an issue called “theodicy” or the problem of evil. The problem of evil has...

edit post
Negotiating With Iran | Armstrong Economics

Negotiating With Iran | Armstrong Economics

by TheAdviserMagazine
April 17, 2026
0

Iran is cleverly trying to divide the US from Israel with this latest proposal that they will open the Strait...

edit post
Uncovering Gold’s Secret History | Mises Institute

Uncovering Gold’s Secret History | Mises Institute

by TheAdviserMagazine
April 17, 2026
0

You can trust the prolific and ever-entertaining British author Dominic Frisby to produce a most timely book on a most...

edit post
Restricting Your Money | Armstrong Economics

Restricting Your Money | Armstrong Economics

by TheAdviserMagazine
April 17, 2026
0

COMMENT: Marty, you’re article about using digital tools to control our spending was spot on. Just this week, I had a...

Next Post
edit post
The last 3 years were the hottest ever recorded. Here’s why we may look back at them as some of the coolest we remember

The last 3 years were the hottest ever recorded. Here's why we may look back at them as some of the coolest we remember

edit post
I retired at 64 with enough savings to live comfortably — and by month seven I understood why so many men my age don’t survive the first two years, because losing your job title feels like losing permission to take up space

I retired at 64 with enough savings to live comfortably — and by month seven I understood why so many men my age don't survive the first two years, because losing your job title feels like losing permission to take up space

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
In Atlanta, Here’s What Your Home Is Really Worth

In Atlanta, Here’s What Your Home Is Really Worth

0
edit post
Berkshire shares left behind as S&P 500 rallies to record high

Berkshire shares left behind as S&P 500 rallies to record high

0
edit post
Big Short investor Michael Burry says Trump’s Iran war decisions are being driven by something other than foreign policy

Big Short investor Michael Burry says Trump’s Iran war decisions are being driven by something other than foreign policy

0
edit post
ICICI Bank Q4 Results: Net profit up 8.5% to Rs 13,702 crore, announces Rs 12 dividend

ICICI Bank Q4 Results: Net profit up 8.5% to Rs 13,702 crore, announces Rs 12 dividend

0
edit post
Digital Currency And The End Of Financial Privacy

Digital Currency And The End Of Financial Privacy

0
edit post
SEC Outlines Crypto As Top Priority In Pro-Innovation Agenda

SEC Outlines Crypto As Top Priority In Pro-Innovation Agenda

0
edit post
Berkshire shares left behind as S&P 500 rallies to record high

Berkshire shares left behind as S&P 500 rallies to record high

April 18, 2026
edit post
Big Short investor Michael Burry says Trump’s Iran war decisions are being driven by something other than foreign policy

Big Short investor Michael Burry says Trump’s Iran war decisions are being driven by something other than foreign policy

April 18, 2026
edit post
SEC Outlines Crypto As Top Priority In Pro-Innovation Agenda

SEC Outlines Crypto As Top Priority In Pro-Innovation Agenda

April 18, 2026
edit post
Visiting Disney World May Cost More Next Year (Depending When You Go)

Visiting Disney World May Cost More Next Year (Depending When You Go)

April 18, 2026
edit post
ICICI Bank Q4 Results: Net profit up 8.5% to Rs 13,702 crore, announces Rs 12 dividend

ICICI Bank Q4 Results: Net profit up 8.5% to Rs 13,702 crore, announces Rs 12 dividend

April 18, 2026
edit post
Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine

Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine

April 18, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Berkshire shares left behind as S&P 500 rallies to record high
  • Big Short investor Michael Burry says Trump’s Iran war decisions are being driven by something other than foreign policy
  • SEC Outlines Crypto As Top Priority In Pro-Innovation Agenda
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.