Tuesday, July 24, 2012

Murray Rothbard on Bailouts and Public Debt Repudiation


  1. This is the Jekyll Island / Creation of the Fed audio. Now, I can extrapolate an argument from this on what to do about bailouts and Public Debt Repudiation, but I would have to imagine Rothbard more directly adresses these issues in some other audio.

  2. So Rothbard advocated repudiating the public debt??

    No wonder he is grouped with the crank (Austrian) school of economics.

  3. He had a biting wit didn't he?

    I don't like how the government borrows money, pledging my future tax payments as collateral. I agree with Rothbard. Public debt is bogus and immoral.