Murray Rothbard Quotes About Free Market

Quotes about: Free Market

• Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.

  Murray Rothbard

  Liberty, Economics, Produce

  Murray Newton Rothbard (1997). “The Logic of Action Two: Applications and Criticism from the Austrian School”, Edward Elgar Publishing

• The libertarian creed...offers the fulfillment of the best of the American past along with the promise of a far better future. Libertarians are squarely in the great classical liberal tradition that built the United States and bestowed on us the American heritage of individual liberty, a peaceful foreign policy, minimal government, and a free-market economy.

  Murray Rothbard

  Past, Government, Peaceful

• What do intellectuals and opinion makers get from big government? An increasing number of cushy jobs in the bureaucracy, or in the government-subsidized sector, staffing the welfare regulatory state, and apologizing for its policies, as well as propagandizing for them among the public. To put it bluntly, intellectuals, theorists, pundits, media elites, etc. get to live a life which they could not attain on the free market, but which they can gain at taxpayer expense.

  Murray Rothbard

  Jobs, Government, Media

• 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.

  Murray Rothbard

  Desire, Anarchy, Plunder

  Murray N. Rothbard (2004). “Man, Economy, and State with Power and Market, Scholar's Edition”, p.1363, Ludwig von Mises Institute

• It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid facing the plain fact: that gold, that scarce and valuable market-produced metal, has always been, and will continue to be, by far the best money for human society.

  Murray Rothbard

  Champion, Gold, Facts

• Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.

  Murray Rothbard

  Government, Gold, Commodity

  Murray Newton Rothbard (1981). “What Has Government Done to Our Money?”, p.90, Ludwig von Mises Institute

• Inflation, being a fraudulent invasion of property, could not take place on the free market.

  Murray Rothbard

  Invasion, Free Market, Inflation

  Murray Newton Rothbard (1981). “What Has Government Done to Our Money?”, p.48, Ludwig von Mises Institute

• 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 them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies.

  Murray Rothbard

  Land, Important, Example

• The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible.

  Murray Rothbard

  Cutting, Technology, Essence

  Murray Newton Rothbard (1978). “For a New Liberty: The Libertarian Manifesto”, p.242, Ludwig von Mises Institute

• The costs of government are bound to be much higher than those of the free market. . .The State cannot calculate well and therefore cannot gauge its costs accurately.

  Murray Rothbard

  Government, Gauges, Cost

• To those advocates of independent paper moneys who also champion the free market, I would address this simple question: "Why don't you advocate the unlimited freedom of each individual to manufacture dollars?" If dollars are really and properly things-in-themselves, why not let everyone manufacture them as they manufacture wheat and baby food?

  Murray Rothbard

  Baby, Money, Freedom

• While big-business leaders and firms can be highly productive, servants of consumers in a free market economy, they are also all too often, seekers after subsidies, contracts, privileges, or cartels furnished by big government. Often, business lobbyists and leaders are the sparkplugs for the statist, interventionist system.

  Murray Rothbard

  Government, Leader, Subsidies

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