It is important to realize that gold and silver are international commodities and that, therefore, when not prohibited by government decree, foreign… — Murray Rothbard Copy Share Image
Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly… — Murray Rothbard Copy Share Image
If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government,… — Murray Rothbard Copy Share Image
Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market… — Murray Rothbard Copy Share Image
The threat of gold redeemability imposes a constant check and limit on inflationary issues of government paper. If the government can remove… — Murray Rothbard Copy Share Image
I want to make it clear what I am not saying. I am not saying that fiat money, once established on the… — Murray Rothbard Copy Share Image
It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns… — Murray Rothbard Copy Share Image
I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin… — Murray Rothbard Copy Share Image
The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not… — Murray Rothbard Copy Share Image
Never have the world's moneys been so long cut off from their metallic roots. — Murray Rothbard Copy Share Image
Governments have persistently tried their best to promote, encourage, and expand the circulation of bank and government paper, and to discourage the… — 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 Image
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 Image
Falling prices through increased production is a wonderful long-run tendency of untrammeled capitalism. — Murray Rothbard Copy Share Image
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 Image
Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error. — Murray Rothbard Copy Share Image
Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology. — Murray Rothbard Copy Share Image
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 Image
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 Image
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 Image
The major reason for Keynes's rejection of communism was simply that he could scarcely identify with the grubby proletariat. — Murray Rothbard Copy Share Image
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 Image
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 Image
