--- title: "Meaning & Key Takeaway of: It is particularly odd that economists…" description: "\"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 pla..." image: "https://sms4smile.com/quotes/i/3f1/murray-rothbard-1563_best-money_it-is-particularly-odd-that-economists-w_1926590.jpg" --- # It is particularly odd that economists who profess to be… ![“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…” quote by Murray Rothbard](https://sms4smile.com/quotes/i/3f1/murray-rothbard-1563_best-money_it-is-particularly-odd-that-economists-w_1926590.jpg) [Download](https://sms4smile.com/quotes/i/3f1/murray-rothbard-1563_best-money_it-is-particularly-odd-that-economists-w_1926590.jpg) [Open image](https://sms4smile.com/quotes/i/3f1/murray-rothbard-1563_best-money_it-is-particularly-odd-that-economists-w_1926590.jpg) > “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.” [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Gold’s scarcity and durability make it a superior monetary standard, despite free‑market advocates’ resistance. **In simple terms:** Gold is a strong money. Key Takeaway Consider gold’s monetary benefits. Themes money gold free market economics Mood analytical critical Type economic philosophical When to use this quote - investment strategy - policy debate - historical analysis Key Concepts monetary theory sound money Questions to Reflect On - What are the drawbacks of gold as money? - How does gold compare to digital currencies? A Different Perspective Gold’s practicality may be limited by modern financial systems. ★ ★ ★ ★ ★ No ratings yet [Best money](https://sms4smile.com/quotes/about/best-money/) [Champion](https://sms4smile.com/quotes/about/champion/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economist](https://sms4smile.com/quotes/about/economist/) [Economists](https://sms4smile.com/quotes/about/economists/) [Economy](https://sms4smile.com/quotes/about/economy/) [Facts](https://sms4smile.com/quotes/about/facts/) [Free market](https://sms4smile.com/quotes/about/free-market/) [Gold](https://sms4smile.com/quotes/about/gold/) [Human society](https://sms4smile.com/quotes/about/human-society/) [Humans](https://sms4smile.com/quotes/about/humans/) [Market economy](https://sms4smile.com/quotes/about/market-economy/) [Metals](https://sms4smile.com/quotes/about/metals/) [Money](https://sms4smile.com/quotes/about/money/) [Twists and turns](https://sms4smile.com/quotes/about/twists-and-turns/) ## Related quotes > [Pardon me for being so bold, I know your name should be written in gold, But gold is scarce so a text will do,…](https://sms4smile.com/quotes/move-on07/pardon-me-for-being-so-bold-i-know-your-name-should-be-written-in/) Move-on07 > [Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the…](https://sms4smile.com/quotes/murray-rothbard/gold-was-not-selected-arbitrarily-by-governments-to-be-the-monetary/) [Murray Rothbard](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/murray-rothbard/while-big-business-leaders-and-firms-can-be-highly-productive/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [The libertarian creed...offers the fulfillment of the best of the American past along with the promise of a far better future. 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But yeah, I praise…](https://sms4smile.com/quotes/justin-gaethje/i-want-the-best-money-and-obviously-the-highest-ceiling-that-you-can/) [Justin Gaethje](https://sms4smile.com/quotes/author/justin-gaethje/) > [If money is your hope for independence you will never have it](https://sms4smile.com/quotes/henry-ford/if-money-is-your-hope-for-independence-you-will-never-have-it/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [A fool and his money are soon partying.](https://sms4smile.com/quotes/steven-wright/a-fool-and-his-money-are-soon-partying/) [Steven Wright](https://sms4smile.com/quotes/author/steven-wright/) > [If you put all your strength and faith and vigor into a job and try to do the best you can, the money will…](https://sms4smile.com/quotes/lawrence-welk/if-you-put-all-your-strength-and-faith-and-vigor-into-a-job-and-try/) [Lawrence Welk](https://sms4smile.com/quotes/author/lawrence-welk/) > [Money is good for nothing unless you know the value of it by experience.](https://sms4smile.com/quotes/p-t-barnum/money-is-good-for-nothing-unless-you-know-the-value-of-it-by/) [P. T. Barnum](https://sms4smile.com/quotes/author/p-t-barnum/) > [Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.](https://sms4smile.com/quotes/charles-dickens/annual-income-twenty-pounds-annual-expenditure-nineteen-six-result/) [Charles Dickens](https://sms4smile.com/quotes/author/charles-dickens/) > [I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and…](https://sms4smile.com/quotes/paul-tudor-jones/i-believe-the-very-best-money-is-made-at-the-market-turns-everyone/) [Paul Tudor Jones](https://sms4smile.com/quotes/author/paul-tudor-jones/) > [The best way you hurt rich people is by turning them into poor people](https://sms4smile.com/quotes/eddie-murphy/the-best-way-you-hurt-rich-people-is-by-turning-them-into-poor-people/) [Eddie Murphy](https://sms4smile.com/quotes/author/eddie-murphy/) > [Do not value money for any more nor any less than its worth; it is a good servant but a bad master.](https://sms4smile.com/quotes/thomas-alexandre-dumas/do-not-value-money-for-any-more-nor-any-less-than-its-worth-it-is-a/) Thomas-Alexandre Dumas ## More by Murray Rothbard > [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…](https://sms4smile.com/quotes/murray-rothbard/i-think-one-of-the-most-important-directions-to-be-pursued-in-the/) [Murray Rothbard](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/murray-rothbard/since-the-state-necessarily-lives-by-the-compulsory-confiscation-of/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Falling prices through increased production is a wonderful long-run tendency of untrammeled capitalism.](https://sms4smile.com/quotes/murray-rothbard/falling-prices-through-increased-production-is-a-wonderful-long-run/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [To deprecate human reason by saying that none of us is or can be omniscient is absurd, for it takes an impossible standard as…](https://sms4smile.com/quotes/murray-rothbard/to-deprecate-human-reason-by-saying-that-none-of-us-is-or-can-be/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error.](https://sms4smile.com/quotes/murray-rothbard/cops-must-be-unleashed-and-allowed-to-administer-instant-punishment/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology.](https://sms4smile.com/quotes/murray-rothbard/subjectivism-is-not-an-absolute-principle-it-is-a-necessary-but-not/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [We must therefore turn to history for enlightenment; here we find that none of the proclaimed anarchist groups correspond to the libertarian position, that…](https://sms4smile.com/quotes/murray-rothbard/we-must-therefore-turn-to-history-for-enlightenment-here-we-find-that/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [John Stuart was the quintessence of soft rather than hardcore, a woolly minded man of mush in striking contrast to his steel-edged father.](https://sms4smile.com/quotes/murray-rothbard/john-stuart-was-the-quintessence-of-soft-rather-than-hardcore-a/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [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,…](https://sms4smile.com/quotes/murray-rothbard/what-do-intellectuals-and-opinion-makers-get-from-big-government-an/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [The major reason for Keynes's rejection of communism was simply that he could scarcely identify with the grubby proletariat.](https://sms4smile.com/quotes/murray-rothbard/the-major-reason-for-keynes-s-rejection-of-communism-was-simply-that/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Liberty and morality had to win their way slowly over many centuries, until finally expanding liberty made possible the great technological advance of the…](https://sms4smile.com/quotes/murray-rothbard/liberty-and-morality-had-to-win-their-way-slowly-over-many-centuries/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [The State has invariably shown a striking talent for the expansion of its powers beyond any limits that might be imposed upon it.](https://sms4smile.com/quotes/murray-rothbard/the-state-has-invariably-shown-a-striking-talent-for-the-expansion-of/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Absolute freedom need not be lost as the price we must pay for the advent of civilization; men are born free, and need never…](https://sms4smile.com/quotes/murray-rothbard/absolute-freedom-need-not-be-lost-as-the-price-we-must-pay-for-the/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Absolute freedom need not be lost as the price we must pay for the advent of civilization. Man may achieve liberty and abundance, freedom…](https://sms4smile.com/quotes/murray-rothbard/absolute-freedom-need-not-be-lost-as-the-price-we-must-pay-for-the-2/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [The underconsumptionist of 1819 believed that consumption would be stimulated by tariffs, while the underconsumptionist of a later day urged monetary expansion as the…](https://sms4smile.com/quotes/murray-rothbard/the-underconsumptionist-of-1819-believed-that-consumption-would-be/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) [Explore all 227 Murray Rothbard quotes ](https://sms4smile.com/quotes/author/murray-rothbard/) ## More Best money quotes > [Do not value money for any more nor any less than its worth; it is a good servant but a bad master.](https://sms4smile.com/quotes/thomas-alexandre-dumas/do-not-value-money-for-any-more-nor-any-less-than-its-worth-it-is-a/) Thomas-Alexandre Dumas > [The best way you hurt rich people is by turning them into poor people](https://sms4smile.com/quotes/eddie-murphy/the-best-way-you-hurt-rich-people-is-by-turning-them-into-poor-people/) [Eddie Murphy](https://sms4smile.com/quotes/author/eddie-murphy/) > [I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and…](https://sms4smile.com/quotes/paul-tudor-jones/i-believe-the-very-best-money-is-made-at-the-market-turns-everyone/) [Paul Tudor Jones](https://sms4smile.com/quotes/author/paul-tudor-jones/) > [Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.](https://sms4smile.com/quotes/charles-dickens/annual-income-twenty-pounds-annual-expenditure-nineteen-six-result/) [Charles Dickens](https://sms4smile.com/quotes/author/charles-dickens/) > [Money is good for nothing unless you know the value of it by experience.](https://sms4smile.com/quotes/p-t-barnum/money-is-good-for-nothing-unless-you-know-the-value-of-it-by/) [P. T. Barnum](https://sms4smile.com/quotes/author/p-t-barnum/) > [If you put all your strength and faith and vigor into a job and try to do the best you can, the money will…](https://sms4smile.com/quotes/lawrence-welk/if-you-put-all-your-strength-and-faith-and-vigor-into-a-job-and-try/) [Lawrence Welk](https://sms4smile.com/quotes/author/lawrence-welk/) > [A fool and his money are soon partying.](https://sms4smile.com/quotes/steven-wright/a-fool-and-his-money-are-soon-partying/) [Steven Wright](https://sms4smile.com/quotes/author/steven-wright/) > [If money is your hope for independence you will never have it](https://sms4smile.com/quotes/henry-ford/if-money-is-your-hope-for-independence-you-will-never-have-it/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the…](https://sms4smile.com/quotes/murray-rothbard/gold-was-not-selected-arbitrarily-by-governments-to-be-the-monetary/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [I want the best money, and obviously the highest ceiling that you can be the best is in the UFC. But yeah, I praise…](https://sms4smile.com/quotes/justin-gaethje/i-want-the-best-money-and-obviously-the-highest-ceiling-that-you-can/) [Justin Gaethje](https://sms4smile.com/quotes/author/justin-gaethje/) > [Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.](https://sms4smile.com/quotes/warren-buffett/whether-we-re-talking-about-socks-or-stocks-i-like-buying-quality/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Don't let people scare you from a career that may not net you a six figure salary. 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