Quote

Monetary expansion is a massive scheme of hidden redistribution.

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
Scheme
Monetary
Schemes
Expansion
Hidden
Massive
Redistribution

More quotes by 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
You don't need a treaty to have free trade.
Murray Rothbard
Image
The natural tendency of the state is inflation.
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
Image
[Professional politicians] don't mind if price controls cause shortages of health care. In fact, they welcome the prospect, because then they can impose rationing they can impose priorities, and tell everyone how much of what kind of medical care they can have. And besides, ... there's that deeply satisfying rush of power.
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
Scratch an egalitarian, and you will inevitably find a statist.
Murray Rothbard
Image
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.
Murray Rothbard
Image
The State thrives on war - unless, of course, it is defeated and crushed - expands on it, glories in it.
Murray Rothbard
Image
In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money.
Murray Rothbard
Image
All government operation is wasteful, inefficient, and serves the bureaucrat rather than the consumer.
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
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
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
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
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
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
Only the State legally obtains its revenue by coercion.
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
Absolute freedom need not be lost as the price we must pay for the advent of civilization men are born free, and need never be in chains. Man may achieve liberty and abundance, freedom and civilization.
Murray Rothbard