The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not circulate with the same full privileges as American-minted coins. Murray Rothbard americancirculatecoin Change image and share on social
While other individuals or institutions obtain their income by production of goods and services and by the peaceful and voluntary sale of these goods and services to others, the State obtains its revenue by the use of compulsion; that is, by the use and the threat of the jailhouse and the bayonet. Murray Rothbard bayonetcompulsiongood share on social
The Jacksonians were libertarians, plain and simple. Their program and ideology were libertarian; they strongly favored free enterprise and free markets, but they just as strongly opposed special subsidies and monopoly privileges conveyed by government to business or to any other group. Murray Rothbard businessconveyenterprise share on social
The threat of gold redeemability imposes a constant check and limit on inflationary issues of government paper. If the government can remove the threat, it can expand and inflate without cease. And so it begins to emit propaganda, trying to persuade the public not to use gold coins in their daily lives. Murray Rothbard beginceasecheck share on social
Where did Keynes stand on overt fascism? From the scattered information now available, it should come as no surprise that Keynes was an enthusiastic advocate of the 'enterprising spirit' of Sir Oswald Mosley, the founder and leader of British fascism, in calling for a comprehensive 'national economic plan' in late 1930. Murray Rothbard advocatebritishcall share on social
There is one good thing about Marx: he was not a Keynesian. Murray Rothbard goodkeynesianmarx Change image and share on social
The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of caste conflict, coercion, and exploitation. Murray Rothbard benefitcastecoercion Change image and share on social
The fact that natural-law theorists derive from the very nature of man a fixed structure of law independent of time and place, or of habit or authority or group norms, makes that law a mighty force for radical change. Murray Rothbard authoritychangederive share on social
Nature is simply the environment on earth in which man finds himself, and to treat it as a separate being in the image of man is sheer nonsense. Murray Rothbard earthenvironmentfind Change image and share on social
Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology. Murray Rothbard absoluteconditionmethodology Change image and share on social