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Americans have a strange notion that the ordinary laws of economics do not apply to them. So doubtless they will think they are prosperous if the boom starts, and that deficits and indebtedness are merely signs of how prosperous they are.

Albert J. Nock

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Albert J. Nock
Age: 74 †
Born: 1870
Born: October 13
Died: 1945
Died: August 19
Autobiographer
Biographer
Essayist
Journalist
Philosopher
Sociologist
Scranton
Pennsylvania
Think
Economics
Deficits
Thinking
Notion
Doubtless
Merely
Boom
Laws
Prosperous
Americans
Deficit
Ordinary
Signs
Strange
Apply
Law
Starts
Indebtedness

More quotes by Albert J. Nock

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The State claims and exercises the monopoly of crime... It forbids private murder, but itself organizes murder on a colossal scale. It punishes private theft, but itself lays unscrupulous hands on anything it wants, whether the property of citizen or of alien.
Albert J. Nock
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As might be supposed, my parents were quite poor, but we somehow never seemed to lack anything we needed, and I never saw a trace of discontent or a failure in cheerfulness over their lot in life, as indeed over anything.
Albert J. Nock
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In proportion as you give the state power to do things for you, you give it power to do things to you.
Albert J. Nock
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It is unfortunately none too well understood that, just as the State has no money of its own, so it has no power of its own.
Albert J. Nock
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Assuming that man has a distinct spiritual nature, a soul, why should it be thought unnatural that under appropriate conditions of maladjustment, his soul might die before his body does or that his soul might die without his knowing it?
Albert J. Nock
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Money does not pay for anything, never has, never will. It is an economic axiom as old as the hills that goods and services can be paid for only with goods and services.
Albert J. Nock
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Personal publicity of every kind is utterly distasteful to me, and I have made greater efforts to escape it than most people make to get it.
Albert J. Nock
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The only thing that the psychically-human being can do to improve society is to present society with one improved unit.
Albert J. Nock
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The superficial distinctions of Fascism, Bolshevism, Hitlerism, are the concern of journalists and publicists the serious student sees in them only one root-idea of a complete conversion of social power into State power.
Albert J. Nock
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Like Prince von Bismarck in diplomacy, I have no secrets.
Albert J. Nock
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When politicians say I'm in politics, it may or may not be possible to trust them, but when they say, I'm in public service, you know you should flee.
Albert J. Nock
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The civilization of a country consists in the quality of life that is lived there, and this quality shows plainest in the things that people choose to talk about when they talk together, and in the way they choose to talk about them.
Albert J. Nock
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As sheer casual reading matter, I still find the English dictionary the most interesting book in our language.
Albert J. Nock
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Driving jobholders out of office is like the old discredited policy of driving prostitutes out of town. Their places are immediately taken by others who are precisely like them.
Albert J. Nock
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The idea that the State originated to serve any kind of social purpose is completely unhistorical. It originated in conquest and confiscation - that is to say, in crime. It originated for the purpose of maintaining the division of society into an owning-and-exploiting class and a propertyless dependent class - that is, for a criminal purpose.
Albert J. Nock
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Learning has always been made much of, but forgetting has always been deprecated therefore pedantry has pretty well established itself throughout the modern world at the expense of culture.
Albert J. Nock
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The business of a scientific school is the dissemination of useful knowledge, and this is a noble enterprise and indispensable withal society can not exist unless it goes on.
Albert J. Nock
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As Dr. Sigmund Freud has observed, it can not even be said that the State has ever shown any disposition to suppress crime, but only to safeguard its own monopoly of crime.
Albert J. Nock
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As a general principle, I should put it that a man's country is where the things he loves are most respected. Circumstances may have prevented his ever setting foot there, but it remains his country.
Albert J. Nock
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For the majority of people liberty means only the system and the administrators they are used to.
Albert J. Nock