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Lew Rockwell, author of The Left, The Right and The State, discusses the life and work of Ludwig von Mises, who integrated business cycle theory into a comprehensive Austrian School of economics; how Murray N. Rothbard helped make opposition to war a core principle of libertarianism; and why Ron Paul’s appointment as Chairman of the Domestic Monetary Policy Subcommittee should make for some interesting conflicts with the Fed and Wall Street banks.

MP3 here. (18:50)

Lew Rockwell is the founder and Chairman of the Ludwig von Mises Institute in Auburn, Alabama, Vice President of the Center for Libertarian Studies in Burlingame, California, and publisher of the political Web site LewRockwell.com. He is the author of The Left, The Right and The State and served as Ron Paul’s congressional chief of staff between 1978 and 1982. Check out his podcast show here.