Books

The first volume of Cronyism argues that the Liberty versus Power framework explains the evolution of cronyism (special interest policies) from before the founding of the United States to the mid-nineteenth century. Cronyism increased when supporters of government power, such as the Hamiltonians and National Republicans, were in control. Cronyism decreased when Jeffersonian proponents of liberty seized the government reins. Yet, they too fell to the corrupting influence of power and enacted their own crony policies.

Murray Rothbard’s long-lost fifth volume of his early American history series brought to publication through painstaking transcription of his handwritten manuscript. In this book, Rothbard documents the Federalist coup d’état in the 1780s which led to the drafting and ratification of the U.S. Constitution. A staunchly nationalist document, the U.S. Constitution increased federal government power at the expense of the people and the states.

Murray Rothbard’s unfinished manuscript and published essays on the Progressive Era. In the unpublished manuscript Rothbard discusses historical events from the development of the Interstate Commerce Commission through the presidential administration of Theodore Roosevelt. In the later essays Rothbard documents the rise of the welfare state, the Federal Reserve, and government intervention during World War I.