Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.
Murray RothbardPlacing the state in charge of moral principles is equivalent to putting the proverbial fox in charge of the chicken coop.
Murray RothbardIn fact, the libertarian would reason that the fact that human nature is a mixture of both good and evil provides its own particular argument in his favor. For if man is such a mixture, then the best societal framework is surely one in which evil is discouraged and the good encouraged. The libertarian maintains that the existence of the State apparatus provides a ready, swift channel for the exercise of evil, since the rulers of the State are thereby legitimated and can wield compulsion in ways that no one else is permitted to do.
Murray RothbardIt 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 RothbardMoney ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.
Murray RothbardWhat do intellectuals and opinion makers get from big government? An increasing number of cushy jobs in the bureaucracy, or in the government-subsidized sector, staffing the welfare regulatory state, and apologizing for its policies, as well as propagandizing for them among the public. To put it bluntly, intellectuals, theorists, pundits, media elites, etc. get to live a life which they could not attain on the free market, but which they can gain at taxpayer expense.
Murray Rothbard