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Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

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Wall Street, Banks, and American Foreign Policy

Wall Street, Banks, and American Foreign Policy

This fiery monograph shows a side of Murray Rothbard not seen in his theoretical treatise: his ability to employ "power elite" analysis to understand the relationship between money, power, and war.

Rather than allow the left to dominate this approach to history; Rothbard shows how wealthy elites are only able to manipulate world affairs via their connection to state power. Those mainstream historians might deride Rothbard's history as a "conspiracy" approach, Rothbard himself is only out to show that world affairs are not random historical forces but the consequence of choices and paths chosen by real human beings.

Here he gives the grim details of how a network of banks, bond dealers, and Wall Street insiders have both favored war and profited from it.

The contents of this volume include a long and thoughtful introduction by Anthony Gregory and an afterword by Justin Raimondo.

Publication Information

World Market Perspective, 1984; Center for Libertarian Studies, 1995. Mises.org 2005. 2nd edition, 2011

Updated 11/3/2011