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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 Fed's Low-Interest Policy...
“The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes - saving.” -Mark Thornton
$ 2.184
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2
misesandrothbard
economics
8y
You Don't Help a Depressed...
“You don't help a depressed economy by giving control of its resources to politicians.” -Thomas E. Woods, Jr.
$ 2.399
7
1
misesandrothbard
economics
8y
Our Expensive Welfare State...
“Our expensive welfare state is fueled by the destructive notion that 'greed' is when you want to keep your own money but 'compassion' is when you want to take somebody else's.” -Lawrence Reed
misesandrothbard
economics
8y
When You Print Money...
“When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do
misesandrothbard
economics
8y
It Is Precisely Through...
“It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.” -Joseph Salerno
misesandrothbard
economics
8y
The Characteristic Mark...
“The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement
misesandrothbard
economics
8y
If Taxes And Government...
“If taxes and government spending are both slashed, then the salutary result will be to lower the parasitic burden of government taxes and spending upon the productive activities of the private sector.”
misesandrothbard
economics
8y
If Socialists...
“If socialists understood economics, they wouldn't be socialist.” -Frederich Hayek
misesandrothbard
economics
8y
We Can Really Cause No...
“War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.” -Ludwig von Mises
misesandrothbard
economics
8y
In A Sense, The Market....
“In a sense, the market, by expecting a fall in prices, discounts that fall and makes it happen right away instead of later. Expectations speed up future price reactions.” -Murray Rothbard
misesandrothbard
economics
8y
Printing Money...
“Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.” -Peter Schiff
misesandrothbard
economics
8y
Depressions and Mass...
“Depressions and mass unemployment are not caused by the free market but by government interference in the economy.” -Ludwig von Mises
misesandrothbard
economics
8y
The Curious Task...
“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. ” -Frederich Hayek
misesandrothbard
economics
8y
The Attainment Of The Economic...
“The attainment of the economic aims of man presupposes peace.” -Ludwig von Mises
misesandrothbard
economics
8y
If Government Wishes To See...
“If government wishes to see a depression ended as quickly as possible and the economy returned to normal prosperity, what course should it adopt? The first and clearest injunction is: Don't interfere
misesandrothbard
economics
8y
The Real Bosses...
“The real bosses, in the capitalist system of market economy, are the consumers.” -Ludwig von Mises
misesandrothbard
economics
8y
Any Man Who Is Only An Economist...
“Any man who is only an economist is unlikely to be a good one.” -Frederich Hayek
misesandrothbard
economics
8y
There Is No Western, Capitalistic Country...
“There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.” -Ludwig von Mises
misesandrothbard
economics
8y
All Government Operation Is Wasteful...
“All government operation is wasteful, inefficient, and serves the bureaucrat rather than the consumer.” -Murray Rothbard
misesandrothbard
economics
8y
If Socialists Understood Economics...
“If socialists understood economics, they wouldn't be socialist.” -Frederich Hayek
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