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Action Quote by Murray Rothbard

“All action is an attempt to exchange a less satisfactory state of affairs for a more satisfactory one.” quote by Murray Rothbard
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“All action is an attempt to exchange a less satisfactory state of affairs for a more satisfactory one.”

Murray Rothbard

About This Quote

Source Book: Man, Economy, and State, 1962

We act to replace unsatisfactory states with better ones.

In simple terms: We seek improvement.

Key Takeaway

Pursue better states.

Themes

economics motivation change utility

Mood

practical analytical

Type

theoretical advice

When to use this quote

  • career moves
  • health improvements
  • financial planning

Key Concepts

rational choice behavioral economics goal setting

Questions to Reflect On

  • What unsatisfactory state will you change?
  • How do you measure improvement?
A Different Perspective

Improvement may be limited by resources.

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