In a sense, the market, by expecting a fall in prices, discounts that fall and makes it happen right away instead of… — Murray Rothbard Copy Share Image
The more the government intervenes to delay the market's adjustment, the longer and more grueling the depression will be, and the more… — Murray Rothbard Copy Share Image
The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of… — Murray Rothbard Copy Share Image
The best way to help the poor is to slash taxes and allow savings, investment, and creation of jobs to proceed unhampered. — Murray Rothbard Copy Share Image
Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final… — Murray Rothbard Copy Share Image
On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion… — 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
Savings and investment are indissolubly linked. It is impossible to encourage one and discourage the other. — Murray Rothbard Copy Share Image
In short, the early receivers of the new money in this market chain of events gain at the expense of those who… — Murray Rothbard Copy Share Image
If government wishes to see a depression ended as quickly as possible and the economy returned to normal prosperity, what course should… — Murray Rothbard Copy Share Image
In the panic of 1819, the protectionists stressed the lack of consumer markets abroad and the necessity for building up a market… — Murray Rothbard Copy Share Image
On the market, all is harmony. But as soon as intervention appears and is established, conflict is created, for each may participate… — Murray Rothbard Copy Share Image
Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce… — Murray Rothbard Copy Share Image
The politician and the government expert receive their revenues, not from service voluntarily purchased on the market, but from a compulsory levy… — Murray Rothbard Copy Share Image
In the market, the fittest are those most able to serve the consumers; in government, the fittest are those most adept at… — 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
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
The important desideratum is freedom of the market; a country or region will often best develop, depending on conditions of resources or… — 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
