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The Enduring Genius of Murray Rothbard
This week we celebrate the life of Murray N. Rothbard, born on the second of March 1926, a Tuesday, in the Bronx.
And what a Bronx it was, teeming with brilliant intellectuals, dedicated Communists, and rock-solid middle-class Americans like David and Rae Rothbard.
The family would later become friendly with their apartment building neighbor in Manhattan, one Arthur F. Burns.
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Burns, an economist at Columbia, was destined for a political career at the Council of Economic Advisers under Eisenhower and as Federal Reserve chairman, appointed by Nixon. Tellingly, Burns was also the man who later nearly sabotaged Rothbard’s dissertation at Columbia.
By the standards of academic economists, he certainly reached the height of his profession.
Yet we might ask how many people remember or read Burns today as opposed to Rothbard.
The answer is that virtually nobody remembers Arthur Burns.
But Rothbard, like his mentor Ludwig von Mises, is far bet