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The paper presents personage and ethical and political ideas of the most distinguished libertarian,
Murray Newton Rothbard, American economist, philosopher and political thinker.
The pivotal of Rothbard’s theory is distinction between individual and the state. The latter is
described as criminal institution, acquiring its revenue by physical coercion (taxation) and
achieving a compulsory monopoly of force and of ultimate decision-making power over a
given territorial area. Rothbard who draws upon natural rights theory argues, that every
person has a right to own his person. Therefore every person, group of persons or institution,
which violate that right must be regarded as unjust. It is significant, that Rothbard whose
ethical and political views are radical, defends traditional values of Western culture.