The world is in permanent monetary crisis, but once in a while, the crisis flares up acutely, and we noisily shift gears from one flawed monetary system to another. We go back and forth from fixed paper rates to fluctuating rates, to some inchoate and aborted blend of the two. Each new system, each basic change, is hailed extravagantly by economists, bankers, the financial press, politicians, and central banks, as the final and permanent solution to our persistent monetary woes.Dr. Murray Rothbard (February 1986, The World Currency Crisis)
Showing posts with label Murray Rothbard. Show all posts
Showing posts with label Murray Rothbard. Show all posts
Monday, November 29, 2010
World Currency Crisis
Friday, September 17, 2010
Thursday, January 28, 2010
Rothbard on Boétie
Why in the world do people consent to their own enslavement?Murray Rothbard in his Introduction to The Politics of Obedience by Étienne de La Boétie, 1975
Saturday, January 23, 2010
Genocide and Extermination of Civilians
[W]e must . . . never forget, we must put in the dock and hang higher than Haman, those who, in modern times, opened the Pandora’s Box of genocide and the extermination of civilians: Sherman, Grant, and Lincoln.Murray Rothbard given in a 1994 speech titled “America’s Two Just Wars: 1775 and 1861"
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