Wall Street, Banks, and American Foreign Policy

This fiery monograph shows a side of Murray Rothbard not seen in his theoretical work: his ability to employ "power-elite" analysis to investigate 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 connections to state power. 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 consequences of 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.

This volume includes a long and thoughtful introduction by Anthony Gregory and an afterword by Justin Raimondo.