This is a video of a Murray Rothbard lecture from 1984, he was a believer in the freedom of the production of money and a fairly extreme figure in the anarcho-capitalism camp, while his ideas have never gained widespread acceptance, it is worth listening to his views as a means to understanding the standpoint he comes from.
One of my favourite things to do is to talk to the people who write the books I love, often they are hard to reach, others are surprisingly easy, some of them are hard to talk to, others are some of the nicest folks you could hope to have a conversation with, Bob Frank is very much the former and the latter, it took a while to reach him but it was worth waiting for, he has the quality I like best (and I mentioned it already in the review I did on his book ‘The Economic Naturalist’) – namely the ability to talk about complex ideas in plain language.
I called Bob at his house in Ithaca and below are the contents of some of that conversation.
KD: Bob, you have said before that you feel economics has gotten too numerical, that taking that direction can sometimes provide absolute ‘truths’ that simply are not what they seem, so where does the art come into it? Where …