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Murray N. Rothbard vs. the Philosophers - Ludwig von Mises Institute

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MURRAY N. ROTHBARD VS. THE PHILOSOPHERS: UNPUBLISHED WRITINGS<br />

14 ON HAYEK, MISES, STRAUSS, AND POLYANI<br />

Volker Fund. The conference, held in 1960, witnessed a<br />

contrast between <strong>Mises</strong> and Leoni on one side, and Strauss<br />

on <strong>the</strong> o<strong>the</strong>r. 18 Obviously, in this case, <strong>Rothbard</strong> sides with<br />

Strauss. From <strong>the</strong> time of his Prefatory Note, <strong>Rothbard</strong><br />

makes it clear he is in favor of absolute values:<br />

The absolutist believes that man’s mind, employing<br />

reason . . . is capable of discovering and knowing<br />

truth: including <strong>the</strong> truth about reality, and<br />

<strong>the</strong> truth about what is best for man and best for<br />

himself as an individual.<br />

The relativist denies this, denies that man’s<br />

reason is capable of knowing truth, and does so by<br />

claiming that ra<strong>the</strong>r than being absolute, truth is<br />

relative to something else. . . . Philosophically, I<br />

believe that libertarianism—and <strong>the</strong> wider creed<br />

of sound individualism of which libertarianism is<br />

a part—must rest on absolutism and deny relativism.<br />

19<br />

This represents a clear—and apparently definitive—division<br />

within <strong>the</strong> Austrian School of economics, with Hayek<br />

and <strong>the</strong> Hayekians on one side and many of <strong>the</strong> American<br />

disciples of <strong>the</strong> School (among whom are libertarians à la<br />

<strong>Rothbard</strong>) on <strong>the</strong> o<strong>the</strong>r. The concept of natural law is in<br />

some ways extraneous to <strong>the</strong> Austrian School of economics,<br />

which favors an evolutionary conception of institutions and<br />

law following <strong>the</strong> approach of Menger and Hayek.<br />

18The conference papers were published in H. Schoeck and J.W.<br />

Wiggins, eds., Relativism and <strong>the</strong> Study of Man (Princeton, N.J.: D.<br />

Van Nostrand, 1961).<br />

19<strong>Rothbard</strong>, “The Symposium on Relativism: A Critique”; see p.<br />

103 in this volume.

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