Llewellyn Rockwell Quotes About Economics
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If the people are led to believe that scarce resources are best channeled in a direction that producers and consumers would not choose on their own, the result must necessarily be central planning.
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Everything done by the state is ultimately done by means of aggression, which is to say violence or the threat of violence against the innocent.
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Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.
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American money was never more sound, or banking more free, than 200 years ago. Since then, it's been a long steady decline from the gold standard and competitive banking to our Fed-run system of inflated paper currency, deposit insurance, and perpetually shaky banks on the dole.
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The laws of economics tell us that the expansion of the central state can't go on forever. Its limit is reached when the looted turn on the looters. And that's beginning to happen. More than six decades of hard work for American liberty beginning with the Old Right opposition to the Roosevelt Revolution and continuing with the Mises Institute, is beginning to bear fruit.
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The laws of economics tell us that the expansion of the central state can't go on forever. Its limit is reached when the looted turn on the looters.
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Among the most urgent political priorities of our age is the separation of economy and state.
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Pledge allegiance to your principles, your family, your faith, but don't be foolish enough to pledge allegiance to a gang of thieves.
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