Quote

Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.

Murray Rothbard

Change background

T
T
T

Change font

TAGS & TOPICS

Murray Rothbard
Age: 68 †
Born: 1926
Born: March 2
Died: 1995
Died: January 7
Activist
Economist
Essayist
Historian
Philosopher
Professor
University Teacher
Writer
The Bronx
New York City
Murray Newton Rothbard
Murray N. Rothbard
Work
Capitalism
Voluntarily
Market
Voluntary
Products
Arrived
Produce
Prices
Liberty
Exchange
Economic
Network
Free
Producers
Others
Economics
Exchanges

More quotes by Murray Rothbard

Image
Every man must have freedom, must have the scope to form, test, and act upon his own choices, for any sort of development of his own personality to take place. He must, in short, be free in order that he may be fully human.
Murray Rothbard
Image
The State is, and always has been, the great single enemy of the human race, its liberty, happiness, and progress.
Murray Rothbard
Image
Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money as the commodity providing the most stable and desirable monetary medium.
Murray Rothbard
Image
Unlike every other person and institution in society, government obtains its revenue from coercion, from taxation.
Murray Rothbard
Image
Monetary expansion is a massive scheme of hidden redistribution.
Murray Rothbard
Image
You don't need a treaty to have free trade.
Murray Rothbard
Image
There can be no truly moral choice unless that choice is made in freedom similarly, there can be no really firmly grounded and consistent defense of freedom unless that defense is rooted in moral principle.
Murray Rothbard
Image
Scratch an egalitarian, and you will inevitably find a statist.
Murray Rothbard
Image
The State is a gang of thieves writ large - the most immoral, grasping and unscrupulous individuals in any society.
Murray Rothbard
Image
We libertarians are not the spokesmen for any ethnic or economic class we are the spokesmen for all classes, for all of the public we strive to see all of these groups united, hand-in-hand, in opposition to the plundering and privileged minority that constitutes the rulers of the State.
Murray Rothbard
Image
The costs of government are bound to be much higher than those of the free market. . .The State cannot calculate well and therefore cannot gauge its costs accurately.
Murray Rothbard
Image
All interstate wars intensify aggression – maximize it … some wars are even more unjust than others. In other words, all government wars are unjust, although some governments have less unjust claims.
Murray Rothbard
Image
Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs.
Murray Rothbard
Image
Only the State legally obtains its revenue by coercion.
Murray Rothbard
Image
Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.
Murray Rothbard
Image
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 private enterprise, we must assert that the state is profoundly and inherently anti-capitalist .
Murray Rothbard
Image
To those advocates of independent paper moneys who also champion the free market, I would address this simple question: Why don't you advocate the unlimited freedom of each individual to manufacture dollars? If dollars are really and properly things-in-themselves, why not let everyone manufacture them as they manufacture wheat and baby food?
Murray Rothbard
Image
The greatest danger to the State is independent intellectual criticism.
Murray Rothbard
Image
Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error.
Murray Rothbard
Image
The more the government intervenes to delay the market's adjustment, the longer and more grueling the depression will be, and the more difficult will be the road to complete recovery.
Murray Rothbard