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De-Socialization in Theory and Practice


On April 23, 1990, in Washington, DC, the Ludwig von Mises Institute sponsored the first Austrian School look at the “post-socialist” age. It went a long way toward developing a blueprint—consistent with the Austrian tradition—for dismantling the command economy.

Murray N. Rothbard (1926-1995) of the University of Nevada, Las Vegas, explains that Ludwig von Mises and the Austrians forecasted the collapse of socialism, and points to the tremendous opportunity that now exists for a social experiment in freedom. He focuses on what must be done—monetarily, institutionally, and ideologically—to achieve it, and urges a stroke-of-the-pen dismantling of the old order. Includes an introduction by Lew Rockwell.

Playlist link for complete event, “After the Revolution: Economics of De-Socialization”:

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Audio licensed by the Ludwig von Mises Institute under Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International License.

This YouTube channel is in no way endorsed by or affiliated with the Mises Institute.

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Murray N. Rothbard
Murray Rothbard was born March 2, 1926, the son of David and Rae Rothbard. He was a brilliant student even as a young child; and his academic record at Columbia University, where he majored in mathematics and economics, was stellar. In the Columbia economics department, Rothbard did not receive any instruction in Austrian economics, and Mises was no more than a name to him. In a course on price theory given by George Stigler, however, he encountered arguments against such then popular measures as price and rent control. These arguments greatly appealed to him; and he wrote to the publisher of a pamphlet that Stigler and Milton Friedman had written on rent control.
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