Murray Rothbard is one of the most well-known and highly respected entrepreneurs in recent history. Though he isn’t as well known as other entrepreneurs, such as Steve Jobs or Mark Zuckerberg, his best quotes is just as inspiring. Rothbard was born in New York City in 1926, and showed signs of being a gifted entrepreneur from a young age. He began working on Wall Street when he was just eighteen years old, and quickly rose through the ranks to become one of the most successful stockbrokers in the city. In addition to his work on Wall Street, Rothbard also founded several businesses throughout his career, including an investment firm, a publishing company, and a think tank.
Here are the strongest Free, Money, Capitalism quotes from Murray Rothbard, and much more.
To be moral, an act must be free. — Murray N. Rothbard
You don’t need a treaty to have free trade. — Murray Rothbard
Inflation, being a fraudulent invasion of property, could not take place on the free market. — Murray Rothbard
It is not so evident why intellectuals need the State. Put simply, we may state that the intellectual’s livelihood in the free market is never too secure. — Murray N. Rothbard
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
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
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
Absolute freedom need not be lost as the price we must pay for the advent of civilization; men are born free, and need never be in chains. Man may achieve liberty and abundance, freedom and civilization. — Murray Rothbard
If a man’s free will to adopt ideas and values is inalienable, his freedom of action–his freedom to put these ideas into effect in the world–is not in such a fortunate condition. — Murray Rothbard
MURRAY ROTHBARD QUOTES ON MONEY
I want to make it clear what I am not saying. I am not saying that fiat money, once established on the ruins of gold, cannot then continue indefinitely on its own. — Murray Rothbard
Commercial banks–that is, fractional reserve banks–create money out of thin air. Essentially, they do it in the same way as counterfeiters. — Murray Rothbard
There is no need for government to intervene in money and prices because of changing population or for any other reason. The ‘problem’ of the proper supply of money is not a problem at all. — Murray Rothbard
Never have the world’s moneys been so long cut off from their metallic roots. — Murray Rothbard
The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency. — Murray Rothbard
Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country. — Murray Rothbard
Scratch an egalitarian, and you will inevitably find a statist. — Murray N. Rothbard
MURRAY ROTHBARD QUOTES ON CAPITALISM
True # anarchism will be # capitalism , and true capitalism will be anarchism. — Murray Rothbard
Capitalism is the fullest expression of anarchism and anarchism is the fullest expression of capitalism. — Murray Rothbard
Falling prices through increased production is a wonderful long–run tendency of untrammeled capitalism. — Murray Rothbard
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
Inspiring Phrases From Murray Rothbard
The great non sequitur committed by defenders of the State, is to leap from the necessity of society to the necessity of the State. — Murray Rothbard
Ultimately, there is no entity called ‘government’; there are only people forming themselves into groups called ‘governments’ and acting in a ‘governmental’ manner. — Murray Rothbard
Governments have persistently tried their best to promote, encourage, and expand the circulation of bank and government paper, and to discourage the people’s use of gold itself. — Murray Rothbard
Redundant Thematics
In Murray Rothbard Statements
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There is one good thing about Marx: he was not a Keynesian. — Murray Rothbard
The concept of life and perfection is incompatible. BUT so is death and perfection — Murray Rothbard
Government is a gang of thieves writ large. — Murray Rothbard
It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society. — Murray N. Rothbard
Various Statements From Murray Rothbard
Behind the honeyed but patently absurd pleas for equality is a ruthless drive for placing themselves (the elites) at the top of a new hierarchy of power. — Murray Rothbard
The necessary consequence of an egalitarian program is the decidedly inegalitarian creation of a ruthless power elite. — Murray Rothbard
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
Unlike every other person and institution in society, government obtains its revenue from coercion, from taxation. — Murray Rothbard
If we look at the black record of mass murder, exploitation, and tyranny levied on society by governments over the ages, we need not be loath to abandon the Leviathan State and . . . try freedom. — Murray Rothbard
Exchange is the lifeblood, not only of our economy, but of civilization itself. — Murray N. Rothbard
The State is a gang of thieves writ large–the most immoral, grasping and unscrupulous individuals in any society. — Murray Rothbard
More Phrases From Murray Rothbard
Philosophically, I believe that libertarianism–and the wider creed of sound individualism of which libertarianism is a part–must rest on absolutism and deny relativism. — Murray Rothbard
The majority is not society, is not everyone. Majority coercion over the minority is still coercion. — Murray Rothbard
There can be no such thing as ‘fairness in taxation.’ Taxation is nothing but organized theft, and the concept of a ‘fair tax’ is therefore every bit as absurd as that of ‘fair theft.’ — Murray Rothbard
I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual. — Murray Rothbard
Equality is not in the natural order of things, and the crusade to make everyone equal in every respect (except before the law) is certain to have disastrous consequences. — Murray Rothbard
MURRAY ROTHBARD Quotes Take Away
Murray Rothbard’s words of wisdom are as inspiring today as they were when he first uttered them. The lessons in this blog post can help you achieve success both in your professional and personal life. We hope you take these quotes to heart and put them into practice. If you want to learn more about how to apply the principles of free market economics, check out our courses. With our help, you can make the most of your potential and reach new heights.