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

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

More quotes by 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
I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual.
Murray Rothbard
Image
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.
Murray Rothbard
Image
Behind the honeyed but patently absurd pleas for equality is a ruthless drive for placing themselves (the elites) at the top of a new hierarchy of power.
Murray Rothbard
Image
It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid facing the plain fact: that gold, that scarce and valuable market-produced metal, has always been, and will continue to be, by far the best money for human society.
Murray Rothbard
Image
Scratch an egalitarian, and you will inevitably find a statist.
Murray Rothbard
Image
Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.
Murray Rothbard
Image
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
Image
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
Image
The greatest danger to the State is independent intellectual criticism.
Murray Rothbard
Image
Briefly, 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 in particular, it is the only organization in society that obtains its revenue not by voluntary contribution or payment for services rendered but by coercion.
Murray Rothbard
Image
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.
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
All government wars are unjust.
Murray Rothbard
Image
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.
Murray Rothbard
Image
Monetary inflation not only raises prices and destroys the value of the currency unit it also acts as a giant system of expropriation.
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
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.
Murray Rothbard
Image
All government operation is wasteful, inefficient, and serves the bureaucrat rather than the consumer.
Murray Rothbard
Image
Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market governments, rather than producing and selling services, live parasitically off the market and off society.
Murray Rothbard