In recent years, libertarian impulses have increasingly
influenced national and economic debates, from welfare reform to
efforts to curtail affirmative action. Murray N. Rothbard's classic
The Ethics of Liberty stands as one of the most rigorous and
philosophically sophisticated expositions of the libertarian
political position.
What distinguishes Rothbard's book is the manner in which it
roots the case for freedom in the concept of natural rights and
applies it to a host of practical problems. An economist by
profession, Rothbard here proves himself equally at home with
philosophy. And while his conclusions are radical--that a social
order that strictly adheres to the rights of private property must
exclude the institutionalized violence inherent in the state--his
applications of libertarian principles prove surprisingly practical
for a host of social dilemmas, solutions to which have eluded
alternative traditions.
The Ethics of Liberty authoritatively established the
anarcho-capitalist economic system as the most viable and the only
principled option for a social order based on freedom. This edition
is newly indexed and includes a new introduction that takes special
note of the Robert Nozick-Rothbard controversies.
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