- Nov 07, 2020
Murray Rothbard Quotes
Most Famous Murray Rothbard Quotes of All Time!
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- Last Updated on May 30, 2021
- Power
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- Nov 07, 2020
It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society.
- Defeated
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- Nov 07, 2020
The State thrives on war - unless, of course, it is defeated and crushed - expands on it, glories in it.
- Good
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- Nov 07, 2020
There is one good thing about Marx: he was not a Keynesian.
- Think
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- Nov 07, 2020
If you wish to know how libertarians regard the State and any of its acts, simply think of the State as a criminal band, and all of the libertarian attitudes will logically fall into place.
- Best
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- Nov 07, 2020
Libertarians regard the state as the Supreme, the eternal, the best organized aggressor against the persons and property of the mass of the public. All states everywhere, whether democratic, dictatorial, or monarchical, whether red, white, blue or brown.
- Economic
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- Nov 07, 2020
Early economic theory was rooted in the Italian, French, and Spanish traditions, which were subjectivist oriented. Then it shifted onto the terrible path by Smith and Ricardo and the British classical tradition, which is 'objectivist' - values are in inherent in production.
- Necessary
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- Nov 07, 2020
Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology.
- Law
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- Nov 07, 2020
Positivism eliminates any kind of natural law principle - for example, that there are economic laws which can be transgressed only at your peril. With positivism, there is a tendency to leap into ad hoc economic theory.
- Everything
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- Nov 07, 2020
After the Volcker Fund collapsed, I got another grant from the Lilly Endowment to do a history of the U.S., which I worked on from 1962-66. The original idea was to take the regular facts and put a libertarian assessment on everything.
- Illness
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- Nov 07, 2020
While deficits are often inflationary and always pernicious, curing them by raising taxes is equivalent to curing an illness by shooting the patient.
- Government
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- Nov 07, 2020
If taxes and government spending are both slashed, then the salutary result will be to lower the parasitic burden of government taxes and spending upon the productive activities of the private sector.
- Government
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- Nov 07, 2020
We have gotten to the point where everything the government does is counterproductive; the conclusion, of course, is that the government should do nothing at all, that is, should retire quickly from the monetary and economic scene and allow freedom and free markets to work.
- Depression
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- Nov 07, 2020
Reagonomics - a blend of monetarism and fiscal Keynesianism swathed in classical liberal and supply-side rhetoric - is in no way going to solve the problem of inflationary depression or of the business cycle.
- Business
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- Nov 07, 2020
The successful entrepreneurs on the free market will be the ones most adept at anticipating future business conditions. Yet, the forecasting can never be perfect, and entrepreneurs will continue to differ in the success of their judgments. If this were not so, no profits or losses would ever be made in business.
- Depression
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- Nov 07, 2020
Declines in specific industries can never ignite a general depression. Shifts in data will cause increases in activity in one field, declines in another.
- Business
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- Nov 07, 2020
The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.
- Depression
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- Nov 07, 2020