Tuesday, July 24, 2012

Murray Rothbard on Bailouts and Public Debt Repudiation

3 comments:

  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.

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  2. So Rothbard advocated repudiating the public debt??

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

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  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.

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