Murray Rothbard Quotes About Values

Quotes about: Values

• The libertarian must never advocate or prefer a gradual, as opposed to an immediate and rapid, approach to his goal. For by doing so, he undercuts the overriding importance of his own goals and principles. And if he himself values his own goals so lightly, how highly will others value them.

  Murray Rothbard

  Goal, Principles, Libertarian

  Murray Newton Rothbard (1978). “For a New Liberty: The Libertarian Manifesto”, p.379, Ludwig von Mises Institute

• The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.

  Murray Rothbard

  Government, Natural, Currency

• 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

• 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

  Giants, Currency, Raises

• If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.

  Murray Rothbard

  Government, Gold, Tickets

  "Taking Money Back" by Murray Rothbard, The Freeman, September-October 1995.

• Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.

  Murray Rothbard

  Money, Oil, Discovery

  "Making Economic Sense". Book by Murray Rothbard (p. 274), 1995.

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