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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
Monetary Expansion...
“Monetary expansion is a massive scheme of hidden redistribution.” -Murray Rothbard
$ 1.810
6
misesandrothbard
economics
8y
I Think There Are Some Groups...
“I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations.” -Marc Faber
$ 1.787
7
misesandrothbard
economics
8y
Those Who Are Asking For More Government Interference...
“Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.” -Ludwig von Mises
misesandrothbard
economics
8y
It Is No Crime To Be Ignorant Of Economics...
“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and
misesandrothbard
economics
8y
Income Inequality Has No Necessary Connection With Poverty...
“Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have
misesandrothbard
economics
8y
The More The Government Intervenes...
“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
misesandrothbard
economics
8y
The Concept Of A 'Just' Or 'Fair'...
“The concept of a 'just' or 'fair' price is devoid of any scientific meaning; it is a disguise for wishes, a striving for a state of affairs different from reality.” -Ludwig von Mises
misesandrothbard
economics
8y
Monetary Inflation
“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
misesandrothbard
economics
8y
The Issue Is Always The Same
“The issue is always the same: the government or the market. There is no third solution.” -Ludwig von Mises
misesandrothbard
economics
8y
Government Subsidy Systems...
“Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.” -Murray Rothbard
misesandrothbard
economics
8y
Economic History...
“Economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics” -Ludwig von Mises
misesandrothbard
economics
8y
Capitalism Is The Fullest Expression...
“Capitalism is the fullest expression of anarchism and anarchism is the fullest expression of capitalism.” -Murray Rothbard
misesandrothbard
economics
8y
The State Has Typically Been A Device...
“The state has typically been a device for producing affluence for a few at the expense of many.” -Murray Rothbard
misesandrothbard
economics
8y
When We Call A Capitalist...
“When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means
misesandrothbard
economics
8y
If We Have An Economic...
“If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.” -Robert Higgs
misesandrothbard
economics
8y
Praxeology - Economics
“Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments.” -Murray Rothbard
misesandrothbard
economics
8y
Treat All Economic Questions...
“Treat all economic questions from the viewpoint of the consumer, for the interests of the consumer are the interests of the human race.” -Frédéric Bastiat
misesandrothbard
economics
8y
If A Government Resorts To Inflation...
“If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or
misesandrothbard
economics
8y
Libertarianism Is Neither Of The Left Nor Of The Right.
“Libertarianism is neither of the left nor of the right. It is unique. It is sui generis. It is apart from left and right. The left right political spectrum simply has no room for libertarianism. Think
misesandrothbard
economics
8y
I'd Rather Buy Something...
“I'd rather buy something that is relatively depressed than something that is relatively high.” -Robert Higgs
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