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Mises and Rothbard
@misesandrothbard
57
An account to honor two of the greatest economists to ever live.
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2018-05-21 13:23
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Communities
Wallet
misesandrothbard
economics
8y
The Natural Tendency of government
“The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.” -Murray Rothbard
$ 2.021
10
1
misesandrothbard
economics
8y
Under Capitalism Everybody is...
“Under capitalism everybody is the architect of his own fortune.” -Ludwig von Mises
$ 2.101
7
misesandrothbard
economics
8y
When the Government Makes Loans or Subsidies to Business...
“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.” -Henry Hazlitt
misesandrothbard
economics
8y
A Higher Standard of Living Also Brings...
“A higher standard of living also brings about a higher standard of culture and civilization.” -Ludwig von Mises
misesandrothbard
economics
8y
It is No Contradiction to Oppose the Criminalization...
“It is no contradiction to oppose the criminalization of discrimination on the basis of race, sex, national origin, etc., while at the same time declaring that such behavior is immoral and unethical.”
misesandrothbard
economics
8y
One of the Most Important Features of our Economic Resources is their Scarcity
“One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses
misesandrothbard
economics
8y
It is States that are Responsible for the Deaths of Hundreds of Millions of People
“It is states that are responsible for the deaths of hundreds of millions of people and immeasurable destruction in the 20th century alone. Compared to that, the victims of private crimes are almost
misesandrothbard
economics
8y
“If You Increase the Quantity of Money...
“If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.” -Ludwig von Mises
misesandrothbard
economics
8y
Throughout History Governments Have Been Chronically Short of Revenue
“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;
misesandrothbard
economics
8y
The Curious Task of Economics...
“The curious task of economics is to demonstrate to men how little they really know about what they imagine the can design.” -Frederich Hayek
misesandrothbard
economics
8y
Profits are the Driving Force of the Market Economy.
“Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied... He who serves the public best, makes the highest profits.” -Ludwig von
misesandrothbard
economics
8y
The Media has Brainwashed the Electorate...
“The media has brainwashed the electorate to expect the government to do something. The best economic policy of any government is to do nothing but reduce the size of the government, reduce the size of
misesandrothbard
economics
8y
You Don't Need a Treaty to Have Free Trade.
“You don't need a treaty to have free trade.” -Murray Rothbard
misesandrothbard
economics
8y
No Doubt, Anarchy, Once Established, Might Not Last Forever
“No doubt, anarchy, once established, might not last forever. But if your house is on fire, the sensible course of action is to put out the fire, even though this extinguishment provides no guarantee that
misesandrothbard
economics
8y
Capitalism is the Fullest Expression of Anarchism...
“Capitalism is the fullest expression of anarchism, and anarchism is the fullest expression of capitalism. Not only are they compatible, but you can't really have one without the other. True anarchism
misesandrothbard
economics
8y
Capitalism is the Fullest Expression of Anarchism...
“Capitalism is the fullest expression of anarchism, and anarchism is the fullest expression of capitalism. Not only are they compatible, but you can't really have one without the other. True anarchism
misesandrothbard
economics
8y
The Market is a Democracy
“The market is a democracy in which every penny gives a right to vote.” -Ludwig von Mises
misesandrothbard
economics
8y
If the Natural Tendencies of Mankind...
“If the natural tendencies of mankind are so bad that it is not safe to permit people to be free, how is it that the tendencies of these organizers are always good? Do not the legislators and their appointed
misesandrothbard
economics
8y
Greed
“Greed is normally balanced by fear.” -Peter Schiff
misesandrothbard
economics
8y
On The Free Market...
“On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers.”
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