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The Essential Rothbard - Ludwig von Mises Institute

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<strong>The</strong> <strong>Essential</strong> <strong>Rothbard</strong> 75<br />

<strong>The</strong> suggestion is chimerical; structural reasons militate against<br />

it. As Black rightly notes,<br />

it is illogical to have the State itself—through its Supreme<br />

Court—be recognized as the final and sole judge of its own<br />

(State) actions. . . . [John C.] Calhoun saw the problem with<br />

beautiful clarity. 203<br />

Black refuses to abandon judicial review, even though he<br />

acknowledges that “he puts his faith in ‘something of a miracle’ of<br />

government being judge of its own cause,” because he cannot<br />

accept the obvious alternative.<br />

But, says, Black, what is the alternative? <strong>The</strong> Calhoun alternative<br />

. . . was nullification, interposition, movements toward<br />

unanimity principles, etc., but Black instantly . . . rejects this<br />

sort of route as leading to an anarchic negation of the<br />

national government itself. 204<br />

To <strong>Rothbard</strong>, the horrible outcome that Black fears is precisely<br />

what we need. He concludes with an important statement of his<br />

view of the Constitution:<br />

the Constitution, regarded as an attempt to limit government,<br />

was one of the most noble attempts . . . at curbing the<br />

State in human history—but . . . it has failed, and failed<br />

almost ignominiously. One reason for such failure, as Calhoun<br />

predicted, is the monopoly Supreme Court. 205<br />

In his unpublished reports, <strong>Rothbard</strong> of course did not neglect<br />

his principal academic specialty. He acutely criticized mainstream<br />

work in economics and economic history. Although James<br />

Buchanan approached advocacy of the free market more closely<br />

than most economists, <strong>Rothbard</strong> could not accept his methodology.<br />

It was based on unrealistic assumptions; and <strong>Rothbard</strong> deftly<br />

exposes a central weakness.<br />

203 Ibid.<br />

204 Ibid.<br />

205 Ibid.

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