"Hoover had prevented 'an immediate attack upon wages as a basis of maintaining profits,' but the result of wiping out profits and maintaining artificial wage rates was chronic, unprecedented depression."
Rothbard Quotes
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Murray Rothbard quotes
"The State is a coercive monopoly."
"Behind the honeyed but patently absurd pleas for equality is a ruthless drive for placing themselves at the top of a new hierarchy of power."
"The State’s claim to protect property is ironic, given that it is the primary violator of property rights."
"A war between rulers was converted into a war between peoples, with each people coming to the defense of its rulers in the erroneous belief that the rulers were defending them."
"It foresaw that World War II would transform America into a Leviathan State, into a domestic totalitarian collectivism, with suppression of civil liberties at home."
"It is human nature that when you see something work well, you do more of it."
"Keynesian economics was beautifully tailored to be the intellectual armor for the modern Welfare-Warfare State."
"The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb."
"It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost."
"The market does not create inequality; it reveals it."
"The market economy is the only system that can provide opportunities for all without discrimination."
"The market economy is a spontaneous order, not a planned one."
"The Keynesian prescription for unemployment rests on the persistence of a ‘money illusion’ among workers."
"In order to institute action, it is not sufficient that the individual man have unachieved ends that he would like to fulfill."
"The State’s claim to protect property is ironic, given that it is the primary violator of property rights."
"The State’s power to regulate is the power to control."
"It is not the business of the law to make anyone good or reverent or moral or clean or upright."
"The State’s claim to protect workers is a pretext for limiting their freedom to negotiate."
"The greatest danger to the State is independent intellectual criticism."