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Sheldon Richman, senior fellow at The Future of Freedom Foundation, discusses why opponents of state power are naturally against war; Murray Rothbard’s foreign policy litmus test for assessing devotion to liberty; the history of  left-libertarianism and the conceptual left-right political spectrum, from the post-French Revolution era onward; and why across-the-board deregulation is not a free market cure-all, especially while state privileges like bailouts, FDIC insurance and government guarantees remain in place.

Podcast: Play in new window | Download (Duration: 20:06 — 4.6MB)