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 RothbardI see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin to disintegrate.
Murray RothbardPositivism eliminates any kind of natural law principle - for example, that there are economic laws which can be transgressed only at your peril. With positivism, there is a tendency to leap into ad hoc economic theory.
Murray RothbardIt is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a โdismal science.โ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
Murray Rothbard