The State has invariably shown a striking talent for the expansion of its powers beyond any limits that might be imposed upon it. Murray Rothbard expansionimposeinvariably Change image and share on social
On the market, all is harmony. But as soon as intervention appears and is established, conflict is created, for each may participate in a scramble to be a net gainer rather than a net loser - to be part of the invading team instead of one of the victims. Murray Rothbard appearconflictcreate share on social
Keynes was scarcely a 'revolutionary' in any real sense. He possessed the tactical wit to dress up ancient statist and inflationist fallacies with modern, pseudoscientific jargon, making them appear to be the latest findings of economic science. Murray Rothbard ancientdresseconomic share on social
Out of the bitter experiences of the panic of 1819 emerged the beginnings of the Jacksonian movement, dedicated to hard money, the eradication of fractional reserve banking in general, and of the Bank of the United States in particular. Murray Rothbard bankbeginningbitter share on social
Lacking the direct test of success or failure, the voter tends to turn, not to those politicians whose measures have the best chance of success, but to those with the ability to 'sell' their propaganda. Without grasping logical chains of deduction, the average voter will never be able to discover the error that the ruler makes. Murray Rothbard abilityaveragechain share on social
Man is born a tabula rasa; he must learn how to choose the ends that are proper for him and the means that he must adopt to attain them. All this must be done by his reason. Murray Rothbard adoptattainbear Change image and share on social
All action is an attempt to exchange a less satisfactory state of affairs for a more satisfactory one. Murray Rothbard actionaffairattempt Change image and share on social
In his second Inaugural Address, on March 5, 1821, Monroe admitted at last to a general depression of prices, but only as a means of explaining the great decline in the federal revenue. Despite this, he asserted that the situation of America presented a 'gratifying spectacle.' Murray Rothbard addressadmitamerica share on social
Many and subtle are the ideological weapons that the State has wielded through the centuries. Once excellent weapon has been tradition. The longer that the rule of a State has been able to preserve itself, the more powerful this weapon; for then, the X Dynasty or the Y State has the seeming weight of centuries of tradition behind it. Murray Rothbard centurydynastyexcellent share on social
An attempt by the Mongols to introduce paper money in Persia in the twelfth and thirteenth centuries flopped because no one would accept it. The public had no confidence in the paper money despite the awesomely coercive decrees that always marked Mongol rule. Murray Rothbard acceptattemptawesomely share on social