"In a sense, the market, by expecting a fall in prices, discounts that fall and makes it happen right away instead of later."
Rothbard Quotes
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Murray Rothbard quotes
"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
"The State’s claim to provide justice is undermined by its own violations of individual rights."
"The State is that organization in society which attempts to maintain a monopoly of the use of force and violence in a given territorial area."
"The libertarian creed, finally, offers the fulfillment of the best of the American past along with the promise of a far better future."
"The market economy is the only system that can provide stability without manipulation."
"No one can find a safe way out for himself if society is sweeping towards destruction."
"Rights may be universal, but their enforcement must be local."
"The free market punishes irresponsibility and rewards those who act responsibly."
"The State’s claim to represent the 'public interest' is a fiction designed to justify its actions."
"Remember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result."
"The Keynesian prescription for unemployment rests on the persistence of a ‘money illusion’ among workers."
"The market economy is the only system that can respond to changing conditions without bureaucratic delay."
"Private philanthropy is the direct expression of the great Christian principle of the brotherhood of man and the Golden Rule."
"The State’s claim to promote social welfare is a pretext for expanding its own authority."
"Libertarians make no exceptions to the golden rule and provide no moral loophole, no double standard, for government."
"The market economy is the only system that can foster innovation without force."
"We libertarians are not the spokesmen for any ethnic or economic class; we are the spokesmen for all classes, for all of the public."
"Keynesian economics was beautifully tailored to be the intellectual armor for the modern Welfare-Warfare State."
"The market economy is based on the principle that individuals know their own interests better than any central authority."