What can I say about a young and old crowd of 11,000 Paulians that cheered the names of Murray Rothbard and Frank Chodorov, except that they are also LRC and Mises.org readers? Murray always held that it is not enough to make economic arguments against the State, although these are essential. It is also necessary to explain that we are being ripped off. Butler, I’d say that Tom was cheered about Austrian business cycle theory, and the Ron Paul crowd started chanting “End the Fed” during Ron’s talk, because Ron has followed Murray’s advice: explain the economic consequences of central banking, and demonstrate that the Fed is a gang of thieves for the power elite.

The Best of Llewellyn H. Rockwell, Jr.