It is not the business of the law to make anyone good or reverent or moral or clean or upright. — Murray Rothbard Copy Share Image
As 'Austrian' business cycle theory has pointed out, any bank credit inflation sets up conditions for boom-and-bust; there is no need for… — Murray Rothbard Copy Share Image
The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business. — Murray Rothbard Copy Share Image
The successful entrepreneurs on the free market will be the ones most adept at anticipating future business conditions. Yet, the forecasting can… — Murray Rothbard Copy Share Image
As the greatest and last major crisis before 1836, the panic of 1819 holds considerable interest for the study of business cycles… — Murray Rothbard Copy Share Image
Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private… — Murray Rothbard Copy Share Image
The Jacksonians were libertarians, plain and simple. Their program and ideology were libertarian; they strongly favored free enterprise and free markets, but… — Murray Rothbard Copy Share Image
Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest… — Murray Rothbard Copy Share Image
Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private… — Murray Rothbard Copy Share Image
Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that… — Murray Rothbard Copy Share Image
The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing… — Murray Rothbard Copy Share Image
While big-business leaders and firms can be highly productive, servants of consumers in a free market economy, they are also all too… — Murray Rothbard Copy Share Image
Reagonomics - a blend of monetarism and fiscal Keynesianism swathed in classical liberal and supply-side rhetoric - is in no way going… — Murray Rothbard Copy Share Image
I think one of the most important directions to be pursued in the 'sciences of human action' is to develop a natural-law ethics based… — Murray Rothbard Copy Share
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… — Murray Rothbard Copy Share
Falling prices through increased production is a wonderful long-run tendency of untrammeled capitalism. — Murray Rothbard Copy Share
To deprecate human reason by saying that none of us is or can be omniscient is absurd, for it takes an impossible standard as… — Murray Rothbard Copy Share
Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error. — Murray Rothbard Copy Share
Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology. — Murray Rothbard Copy Share
We must therefore turn to history for enlightenment; here we find that none of the proclaimed anarchist groups correspond to the libertarian position, that… — Murray Rothbard Copy Share
John Stuart was the quintessence of soft rather than hardcore, a woolly minded man of mush in striking contrast to his steel-edged father. — Murray Rothbard Copy Share
What do intellectuals and opinion makers get from big government? An increasing number of cushy jobs in the bureaucracy, or in the government-subsidized sector,… — Murray Rothbard Copy Share
The major reason for Keynes's rejection of communism was simply that he could scarcely identify with the grubby proletariat. — Murray Rothbard Copy Share
Liberty and morality had to win their way slowly over many centuries, until finally expanding liberty made possible the great technological advance of the… — Murray Rothbard Copy Share
The State has invariably shown a striking talent for the expansion of its powers beyond any limits that might be imposed upon it. — Murray Rothbard Copy Share
Absolute freedom need not be lost as the price we must pay for the advent of civilization; men are born free, and need never… — Murray Rothbard Copy Share
Absolute freedom need not be lost as the price we must pay for the advent of civilization. Man may achieve liberty and abundance, freedom… — Murray Rothbard Copy Share
The underconsumptionist of 1819 believed that consumption would be stimulated by tariffs, while the underconsumptionist of a later day urged monetary expansion as the… — Murray Rothbard Copy Share
