Best 130 of Murray Rothbard quotes - MyQuotes

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Murray Rothbard
By Anonym 13 Sep

Murray Rothbard

Inflation, being a fraudulent invasion of property, could not take place on the free market.

By Anonym 15 Sep

Murray Rothbard

There can be no truly moral choice unless that choice is made in freedom; similarly, there can be no really firmly grounded and consistent defense of freedom unless that defense is rooted in moral principle.

By Anonym 14 Sep

Murray Rothbard

States have always needed intellectuals to con the public into believing that its rule is wise, good, and inevitable

By Anonym 15 Sep

Murray Rothbard

While big-business leaders and firms can be highly productive, servants of consumers in a free market economy, they are also all too often, seekers after subsidies, contracts, privileges, or cartels furnished by big government. Often, business lobbyists and leaders are the sparkplugs for the statist, interventionist system.

By Anonym 14 Sep

Murray Rothbard

Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.

By Anonym 15 Sep

Murray Rothbard

Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market; governments, rather than producing and selling services, live parasitically off the market and off society.

By Anonym 14 Sep

Murray Rothbard

Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and private enterprise, we must assert that the state is profoundly and inherently anti-capitalist .

By Anonym 13 Sep

Murray Rothbard

Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error.

By Anonym 15 Sep

Murray Rothbard

The necessary consequence of an egalitarian program is the decidedly inegalitarian creation of a ruthless power elite.

By Anonym 13 Sep

Murray Rothbard

If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.

By Anonym 14 Sep

Murray Rothbard

On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers.

By Anonym 13 Sep

Murray Rothbard

Harold, the young kids out there are not going to be willing to go to the barricades in defense of lowered transaction costs.

By Anonym 13 Sep

Murray Rothbard

If we look at the black record of mass murder, exploitation, and tyranny levied on society by governments over the ages, we need not be loath to abandon the Leviathan State and . . . try freedom.

By Anonym 13 Sep

Murray Rothbard

At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money.

By Anonym 13 Sep

Murray Rothbard

I see the liberty of the individual not only as a great moral good in itself (or, with Lord Acton, as the highest political good), but also as the necessary condition for the flowering of all the other goods that mankind cherishes: moral virtue, civilization, the arts and sciences, economic prosperity.

By Anonym 14 Sep

Murray Rothbard

Placing the state in charge of moral principles is equivalent to putting the proverbial fox in charge of the chicken coop.

By Anonym 15 Sep

Murray Rothbard

The State provides a legal, orderly, systematic channel for predation on the property of the producers.

By Anonym 14 Sep

Murray Rothbard

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.

By Anonym 13 Sep

Murray Rothbard

In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money.

By Anonym 13 Sep

Murray Rothbard

Governments have persistently tried their best to promote, encourage, and expand the circulation of bank and government paper, and to discourage the people's use of gold itself.

By Anonym 13 Sep

Murray Rothbard

Falling prices through increased production is a wonderful long-run tendency of untrammeled capitalism.

By Anonym 14 Sep

Murray Rothbard

The best way to help the poor is to slash taxes and allow savings, investment, and creation of jobs to proceed unhampered.

By Anonym 15 Sep

Murray Rothbard

This process, this method necessary to man's survival and prosperity upon the earth, has often been derided as unduly or exclusively "materialistic." But it should be clear that what has happened in this activity proper to man's nature is a fusion of "spirit" and matter; man's mind, using the ideas it has learned, directs his energy in transforming and reshaping matter into ways to sustain and advance his wants and his life. Behind every "produced" good, behind every man-made transformation of natural resources, is an idea directing the effort, a manifestation of man's spirit.

By Anonym 14 Sep

Murray Rothbard

It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society.

By Anonym 15 Sep

Murray Rothbard

...The very nature of interstate war puts innocent civilians into great jeopardy, especially with modern technology.

By Anonym 15 Sep

Murray Rothbard

The State thrives on war - unless, of course, it is defeated and crushed - expands on it, glories in it.

By Anonym 15 Sep

Murray Rothbard

To those advocates of independent paper moneys who also champion the free market, I would address this simple question: "Why don't you advocate the unlimited freedom of each individual to manufacture dollars?" If dollars are really and properly things-in-themselves, why not let everyone manufacture them as they manufacture wheat and baby food?

By Anonym 15 Sep

Murray Rothbard

This, by the way, is the welfare state in action: Its a whole bunch of special interest groups screwing consumers and taxpayers, and making them think they're really benefiting.

By Anonym 13 Sep

Murray Rothbard

All interstate wars intensify aggression – maximize it … some wars are even more unjust than others. In other words, all government wars are unjust, although some governments have less unjust claims.

By Anonym 15 Sep

Murray Rothbard

The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.

By Anonym 14 Sep

Murray Rothbard

Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs.

By Anonym 13 Sep

Murray Rothbard

Behind the honeyed but patently absurd pleas for equality is a ruthless drive for placing themselves (the elites) at the top of a new hierarchy of power.

By Anonym 13 Sep

Murray Rothbard

Briefly, the State is that organization in society which attempts to maintain a monopoly of the use of force and violence in a given territorial area; in particular, it is the only organization in society that obtains its revenue not by voluntary contribution or payment for services rendered but by coercion.

By Anonym 15 Sep

Murray Rothbard

The natural tendency of the state is inflation. This statement will shock those accustomed to viewing the state as a committee of the whole nation ardently dispensing the general welfare, but I think it nonetheless true.

By Anonym 14 Sep

Murray Rothbard

It is not the business of the law to make anyone good or reverent or moral or clean or upright.

By Anonym 13 Sep

Murray Rothbard

Essentially, I mean the almost self-evident fact that individuals, ethnic groups, and races differ among themselves in intelligence and in many other traits, and that intelligence, as well as less controversial traits of temperament, are in large part hereditary.

By Anonym 14 Sep

Murray Rothbard

The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely incomprehensible jargon.

By Anonym 14 Sep

Murray Rothbard

[T]he crucial question is not, as so many believe, whether property rights should be private or governmental, but rather whether the necessarily 'private' owners are legitimate owners or criminals. For ultimately, there is no entity called 'government'; there are only people forming themselves into groups called 'governments' and acting in a 'governmental' manner. All property is therefore always 'private'; the only and critical question is whether it should reside in the hands of criminals or of the proper and legitimate owners.

By Anonym 15 Sep

Murray Rothbard

There can be no such thing as 'fairness in taxation.' Taxation is nothing but organized theft, and the concept of a 'fair tax' is therefore every bit as absurd as that of 'fair theft.'

By Anonym 13 Sep

Murray Rothbard

Children are prepared for democracy by being led to discuss current events without first learning the systematic subjects (politics, economics, history) which are necessary in order to discuss them. The Mole effect is to substitute slogans and superficial opinion for considered individual thought. And the opinion is that of the lowest common denominator of the group.

By Anonym 13 Sep

Murray Rothbard

I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin to disintegrate.

By Anonym 13 Sep

Murray Rothbard

After the Volcker Fund collapsed, I got another 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.

By Anonym 14 Sep

Murray Rothbard

It is clearly absurd to limit the term 'education' to a person's formal schooling.

By Anonym 14 Sep

Murray Rothbard

The costs of government are bound to be much higher than those of the free market. . .The State cannot calculate well and therefore cannot gauge its costs accurately.

By Anonym 14 Sep

Murray Rothbard

No one may threaten or commit violence ('aggress') against another man's person or property. Violence may be employed only against the man who commits such violence; that is, only defensively against the aggressive violence of another. In short, no violence may be employed against a non-aggressor. Here is the fundamental rule from which can be deduced the entire corpus of libertarian theory.

By Anonym 14 Sep

Murray Rothbard

It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid facing the plain fact: that gold, that scarce and valuable market-produced metal, has always been, and will continue to be, by far the best money for human society.

By Anonym 13 Sep

Murray Rothbard

If we look around, then, at the crucial problem areas of our society - the areas of crisis and failure - we find in each and every case a “red thread” marking and uniting them all: the thread of government. In every one of these cases, government either has totally run or heavily influenced the activity.

By Anonym 15 Sep

Murray Rothbard

The individual man, in introspecting the fact of his own consciousness, also discovers the primordial natural fact of his freedom: his freedom to choose, his freedom to use or not use his reason about any given subject. In short, the natural fact of his "free will." He also discovers the natural fact of his mind's command over his body and its actions: that is, of his natural ownership over his self.

By Anonym 14 Sep

Murray Rothbard

Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.

By Anonym 14 Sep

Murray Rothbard

Since leaving office in 1977, Dr. Kissinger has continued to play a highly influential role in U.S. politics, in the U.S. media, and in the Rockefeller world empire. It was Kissinger, along with David Rockefeller, who was decisive in the disastrous decision of President Carter to admit the recently toppled Shah of Iran, old friend and ally of the Rockefellers into the United States, a decision that led directly to the Iranian hostage crisis and to Carter's downfall.