Tag Archives: Murray Rothbard

Some interesting history. The Levellers were one of the inspirations for classical liberalism and laissez-faire. Libertarianism is a contemporary manifestation of classical liberalism, in contrast to neoliberalism, which incorporates a role for the state in promoting commerce and capital formation.Mises Institute — Mises WireThe Levellers: The First LibertariansRoberta A. Modugno

But why should people on the left?From Rothbard’s Power and Market: Government and the Economy: “Laborers may also ask for geographical grants of oligopoly in the form of immigration restrictions. In the free market the inexorable trend is to equalize wage rates for the same value-productive work all over the earth. This trend is dependent on two modes of adjustment: businesses flocking from high-wage to low-wage areas, and workers flowing from low-wage to high-wage areas. Immigration...