In this work of nearly 1700 pages, Rothbard states that the history of the United States has been motivated by people's pursuit of liberty, which he believes constantly being threatened by political power. Rothbard contrasts his views with what he claims are thinkers on the right who see the American Revolution as a "conservative" event, and other thinkers on the left who view it as some sort of proto-socialist uprising. Instead, Rothbard states that he views this period as a time of libertarianradicalism. Rothbard stated that American Revolutionaries fell into two camps: The first camp was those who wanted to demolish the British Empire's state apparatus in the colonies. The other camp wanted to keep the empire, but have Americans run it. The first camp, Rothbard opined was the more libertarian, anti-federalist camp associated with Jefferson and Jackson. The second camp was the more federalist centralizing camp, associated with Hamilton and later the Whigs. They felt that in the right hands, the power of the centralized state could serve the public interest, an interest which neatly coincided with their interests. The conflict between these two factions is another part of understanding the revolution, its outcome, and its conservative and radical aspects.
Creation of the book
Rothbard said in a 1990 interview:
After the Volker Fund collapsed, I got a grant from the Lilly Endowment to do a history of the U.S., which I worked on from 1962-66. The original idea was to take the regular facts and put a libertarian assessment on everything. But once I started to work on it, I found many facts that had been left out, like tax rebellions. So it got longer and longer. It turned into the five-volume Conceived in Liberty, covering the Colonial period to the Constitution. I don't like to completely chart out my research in advance. I gostep by step and it always seems to get longer than anticipated. After Arlington House published volume four, they went out of business. Volume five, on the Constitution, was written in longhand and no one can read my handwriting.
According to Lew Rockwell, "indeed, Murray wrote the fifth volume, the most revisionist of all. He did it in longhand on legal yellow pads, and used a dictating machine a friend had given him. His wife Joey would use the recording to type the manuscript." Rockwell says of it that "The fifth volume completes Murray’s great work, lost for decades, yet as relevant as the day he finished it."