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Llewellyn H. Rockwell Jr.

Llewellyn H. Rockwell Jr.

Llewellyn Harrison "Lew" Rockwell, Jr. (born July 1, 1944) is an American libertarian author and editor, self-professed anarcho-capitalist, a promoter of the Austrian School of economics, and founder and chairman of the Ludwig von Mises Institute.

Articles by Llewellyn H. Rockwell Jr.

Myths of the Mixed Economy

16 days ago

The planned economy was all the rage in 1937, when Prentice-Hall published a 1,000-page tome on The Planned Society: Yesterday, Today, Tomorrow: A Symposium by Thirty-Five Economists, Sociologists, and Statesmen. The “question that confronts us today is not if we shall plan, but how we shall plan,” wrote Lewis Mumford in the Foreword. All the …

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The Faith of Entrepreneurs

May 11, 2021

For the entrepreneur in a market economy, nothing is a sure thing. Every business is only a short step from bankruptcy. No business possesses the power to make people buy what they do not want. All success is potentially fleeting. Original Article: “The Faith of Entrepreneurs” This Audio Mises Wire is generously sponsored by Christopher …

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An American Classical Liberalism

May 7, 2021

Every four years, as the November presidential election draws near, I have the same daydream: that I don’t know or care who the president of the United States is. More importantly, I don’t need to know or care. I don’t have to vote or even pay attention to debates. I can ignore all campaign commercials. …

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The Faith of Entrepreneurs

May 1, 2021

Ludwig von Mises didn’t like references to the “miracle” of the marketplace or the “magic” of production or other terms that suggest that economic systems depend on some force that is beyond human comprehension. In his view, we are better off coming to a rational understanding of why markets are responsible for astounding levels of …

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The Enemy Is Always the State

April 27, 2021

One day, the Institute publishes an article criticizing Republicans. The Left cheers, but the Rights denounces us. The next day we criticize Democrats and the Right cheers while the Left is enraged. Yet our position is always consistently against the state.  Original Article: “The Enemy Is Always the State​” This Audio Mises Wire is generously …

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The Enemy Is Always the State

April 19, 2021

The web loves nothing more than a good brawl, so people often write me to ask me to respond to a critic of LRC or the Mises Institute. There’s certainly no shortage of them, and they come from the Left, the Right, and everything in between. My first thought on the request is that the …

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The World of Salamanca

April 2, 2021

The subject of the medieval period highlights the vast gulf that separates scholarly opinion from popular opinion. This is a grave frustration for scholars who have been working to change popular opinion for a hundred years. For most people, the medieval period brings to mind populations living by myths and crazy superstitions such as we …

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The Opportunity of a Lifetime

March 24, 2021

A hedge fund in New York known to Mises is looking for two interns for this summer. “I thought Mises was a good place to look given that our world views are the same. Qualifications: smart, hungry to succeed, finance education, desire to work in finance, common sense, high EQ, abstract thinker, believer in American exceptionalism, …

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The Sinful State

March 20, 2021

Hardly anyone talks of the table of virtues and vices anymore — which includes the Seven Deadly Sins — but in reviewing them, we find that they nicely sum up the foundation of bourgeois ethics, and provide a solid moral critique of the modern state. Now, libertarians don’t often talk about virtues and vices, mainly …

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Moral Courage and the Austrian School

March 13, 2021

When economic crises hit, most pundits and intellectuals never see it coming. That is because they have never learned the lesson that Bastiat sought to teach, namely that we need to look beneath the surface, to the unseen dimensions of human action, in order to see the full economic reality. It is not enough just …

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Prohibition’s Repeal: What Made FDR Popular

February 24, 2021

As Mark Thornton has shown, the big legislative change that FDR made at the start of his presidency, the decision that affected every single American citizen from one coast to the other, was the repeal of the thirteen-year hell of Prohibition. Original Article: “Prohibition’s Repeal: What Made FDR Popular” This Audio Mises Wire is generously …

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Prohibition’s Repeal: What Made FDR Popular

February 18, 2021

For seventy-plus years, the case of Franklin Delano Roosevelt has vexed people of a libertarian bent. His policies, extending war socialism based on Mussolini’s economic structure, expanded the American state to an unthinkable extent and prolonged the Great Depression through the horrific World War II. Normalcy did not return until after his wartime controls were …

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Down with the Presidency

February 15, 2021

The modern institution of the presidency is the primary political evil Americans face, and the cause of nearly all our woes. It squanders the national wealth and starts unjust wars against foreign peoples that have never done us any harm. It wrecks our families, tramples on our rights, invades our communities, and spies on our …

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Why Hazlitt Opposed the Bretton Woods System

February 13, 2021

The Bretton Woods plan for monetary reconstruction did not go as far as Keynes would have liked. He proposed a full-scale world central bank and a single paper currency for all nations, which he wanted to be called the “bancor,” so there could be no escaping inflation. That plan is still awaiting implementation. As it …

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A Penchant for Controlling Others

February 6, 2021

These regulations have a clear message: “You don’t know what is good for you so you must be forced to do what the government thinks is good for you.” Original Article: “A Penchant for Controlling Others” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.  

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A Penchant for Controlling Others

February 4, 2021

[Editor’s Note: In this 2009 article, Lew Rockwell lists the problems with government mandates on private use of mobile phones. Observant readers will note the “public safety” arguments against the freedom to use phones as we choose are essentially the same as current claims that “public health” is a justification for dictating daily habits and behavior. …

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What Is Fascism? It’s the System We’ve Been Living under for Decades.

January 15, 2021

[Editor’s Note: In 2011, Lew Rockwell penned this thorough explanation of what fascism really is and what must be done to combat it. Fascism, unlike what the dominant media narrative asserts, has virtually nothing to do with people expressing politically incorrect opinions, or people refusing to wear masks, or a group of disorganized rioters smashing windows …

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The Truth about January 6, and Where We Should Go from Here

January 14, 2021

What can be done now? President Trump should not urge us all to “come together.” Instead, he should support secession. Original Article: “The Truth about January 6, and Where We Should Go from Here​​” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.  

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The Truth about January 6, and Where We Should Go from Here

January 12, 2021

Listen to the Audio Mises Wire version of this article. According to a left-wing propaganda narrative that you can read in the New York Times, Washington Post, CNN, and similar outlets, the violence in Congress that occurred in the afternoon of January 6 was the culmination of a long series of outrages by President Donald Trump. When he lost the November election …

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The Path to Victory

November 30, 2020

[This talk was given at the Mises Institute Spring Seminar Series, Auburn, Alabama, March 5, 2003, and included in Speaking of Liberty (2003).] The Mises Institute was founded as a research center based on liberal ideas that have always been under fire: the ideas of Mises and the tradition of thought he represents. That means …

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A Vital Book for Our Time

November 6, 2020

[The Last Gold Rush…Ever!: 7 Reasons for the Runaway Gold Market and How You Can Profit from It, by Charles Goyette and Bill Haynes. Post Hill Press, 2020. 240 pages.] In this magnificent book, Charles Goyette and Bill Haynes offer readers something you will get nowhere else. They expose the deep state’s awful plans for us. …

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Ron Paul: Wisdom from a Master

October 26, 2020

America today confronts an unprecedented crisis. Our economy is collapsing, and the fake coronavirus “epidemic,” with its draconian restrictions, is destroying our liberty. What can we do? We’re fortunate that Dr. Ron Paul, our greatest living American, has provided a masterful diagnosis and offers us hope for a cure—if only we will listen. The End …

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Self-Defense and “Taking the Law into Your Own Hands”

October 6, 2020

It’s increasingly clear two things are going on: leftists are very interested in taking their rioting and looting far beyond city limits, and government police are not interested in doing much about it. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Self-Defense and ‘Taking the Law into …

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The Core of Austrian Theory

October 5, 2020

If the hallmark of conventional economics is unrealistic models, the hallmark of Austrian economics is a profound appreciation of the price system. Prices provide us with critical information about the relative scarcity of goods and services. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “The Core of …

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The Core of Austrian Theory

September 29, 2020

[This essay is a selection from “Why Austrian Economics Matters.”] The concepts of scarcity and choice lie at the heart of Austrian economics. Man is constantly faced with a wide array of choices. Every action implies forgone alternatives or costs. And every action, by definition, is designed to improve the actor’s lot from his point …

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Self-Defense and “Taking the Law into Your Own Hands”

September 29, 2020

The riots in Louisville are only the latest in a long string of violent, raging mob riots by the criminal Marxist BLM movement, their mostly white “antifa” thuggish allies, and assorted looters. In this case, “Two police officers have been shot in Louisville, Ky., amid riots following the announcement of an indictment in the shooting …

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The Collapsing Universities—and What We Can Do about It

September 19, 2020

It is sad that the contemporary American university has sunk so low from the heights of medieval Oxford, Cambridge, Paris, and Salamanca. Fortunately, private alternatives are still available. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “The Collapsing Universities—and What We Can Do about It”.

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The Collapsing Universities—and What We Can Do About It

September 5, 2020

America’s universities have been taken over by the Left, but the way they are reacting to the fake covid-19 crisis gives us a chance to reconstitute higher education on sound free market principles. In the name of “diversity,” academic standards have been gutted. Here are some examples. Emily Walton, a sociology professor at Dartmouth, teaches …

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Are Universities Finished?

July 25, 2020

Higher education in America today is in a crisis. The diversity thought police pounce on anyone who offers the slightest resistance to them. Here are a few examples “Students at pricey Marymount Manhattan College are demanding a veteran professor be fired for allegedly falling asleep during an anti-racism Zoom meeting. Students at the Upper East …

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What If Public Schools Were Abolished?

July 14, 2020

In American culture, public schools are praised in public and criticized in private, which is roughly the opposite of how we tend to treat large-scale enterprises like Walmart. In public, everyone says that Walmart is awful, filled with shoddy foreign products and exploiting workers. But in private, we buy the well-priced, quality goods, and long …

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