Quote

I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin to disintegrate.

Murray Rothbard

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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
Increasingly
Future
May
Currency
Great
Silver
People
Gold
Begin
Currencies
Paper
Disintegrate
Turn
Coins
Turns

More quotes by Murray Rothbard

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You don't need a treaty to have free trade.
Murray Rothbard
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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.
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I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual.
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Unlike every other person and institution in society, government obtains its revenue from coercion, from taxation.
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Essentially, I mean the almost self-evident fact that individuals, ethnic groups, and races differ among themselves in intelligence and in many other traits, and that intelligence, as well as less controversial traits of temperament, are in large part hereditary.
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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.
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Scratch an egalitarian, and you will inevitably find a statist.
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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.
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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.
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The natural tendency of the state is inflation. This statement will shock those accustomed to viewing the state as a committee of the whole nation ardently dispensing the general welfare, but I think it nonetheless true.
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States have always needed intellectuals to con the public into believing that its rule is wise, good, and inevitable
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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.
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...The very nature of interstate war puts innocent civilians into great jeopardy, especially with modern technology.
Murray Rothbard
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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.
Murray Rothbard
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All government wars are unjust.
Murray Rothbard
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If we look around, then, at the crucial problem areas of our society - the areas of crisis and failure - we find in each and every case a “red thread” marking and uniting them all: the thread of government. In every one of these cases, government either has totally run or heavily influenced the activity.
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It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.
Murray Rothbard
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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.
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Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers... Because a minimum wage, of course, does not guarantee any worker's employment it only prohibits, by force of law, anyone from being hired at the wage which would pay his employer to hire him.
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Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.
Murray Rothbard