Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology.
Murray RothbardThe necessary consequence of an egalitarian program is the decidedly inegalitarian creation of a ruthless power elite.
Murray RothbardGold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.
Murray RothbardRemember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result.
Murray RothbardAt the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
Murray RothbardThe 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