The Conspiracy Theory of History

What is the conspiracy theory of history? Is it true? In this week’s column, I’m going to discuss the great Murray Rothbard’s analysis of the subject. As always, he is our best guide. Then, I’ll give examples of what Murray calls “good” conspiracy theories.

Murray begins his analysis by noting that the Establishment attacks the conspiracy theory: “Anytime that a hard-nosed analysis is put forth of who our rulers are, of how their political and economic interests interlock, it is invariably denou...