LARGE PRINT EDITION! More at LargePrintLiberty.com. This book is a masterpiece of argumentation, and shockingly radical in its conclusions. Rothbard says that the very existence of the state--the entity with a monopoly privilege to invade private property--is contrary to the ethics of liberty. A society without a state is not only viable; it is the only one consistent with natural rights. In this volume, Rothbard first familiarizes the reader with Natural Law theory. After this ethical introduction, he goes on to address numerous ethical issues, showing how liberty is in the right in every case. In the final two sections, Rothbard enumerates the state's role in society as inherently anti-liberty, and details the structure of alternate theories of liberty.

Official Mises Institute EditionThis fiery monograph shows a side of Murray Rothbard not seen in his theoretical treatise: his ability to employ "power elite" analysis to understand the relationship between money, power, and war.Rather than allow the left to dominate this approach to history; Rothbard shows how wealthy elites are only able to manipulate world affairs via their connection to state power. Those mainstream historians might deride Rothbard's history as a "conspiracy" approach, Rothbard himself is only out to show that world affairs are not random historical forces but the consequence of choices and paths chosen by real human beings.Here he gives the grim details of how a network of banks, bond dealers, and Wall Street insiders have both favored war and profited from it.The contents of this volume include a long and thoughtful introduction by Anthony Gregory and an afterword by Justin Raimondo.