Rebirth of Reason

Quotes: Rothbard , Murray N.

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... the government must never try to prop up unsound business situations; it must never bail out or lend money to business firms in trouble. Doing this will simply prolong the agony and convert a sharp and quick depression phase into a lingering and chronic disease. The government must never try to prop up wage rates or prices of producer's goods; doing so will prolong and delay indefinitely the completion of the depression-adjustment process; it will cause indefinite and prolonged depression and mass unemployment in the vital capital goods industries. The government must not try to inflate again, in order to get out of the depression. For even if this reinflation succeeds, it will only sow greater trouble later on. The government must do nothing to encourage consumption, and it must not increase its own expenditures, for this will further increase the social consumption/investment ratio. In fact, cutting the government budget will improve the ratio. What the economy needs is not more consumption spending but more saving, in order to validate some of the excessive investments of the boom.
Murray N. Rothbard
Economic Depressions: Their Cause and Cure, 1969

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(Added by Ed Thompson on 8/31, 8:11am)
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“The Randian strategic view is… before you can do anything politically you have to have everyone agree with Randian philosophy; free will, concept and percept and all the other crap… Since you are not going to have that in practice you have just regular statists.”
Murray N. Rothbard

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(Added by Jason Quintana on 2/01/2006, 2:52pm)
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If men were like ants, there would be no interest in human freedom. If individual men, like ants, were uniform, interchangeable, devoid of specific personality traits of their own, then who would care whether they were free or not? Who, indeed, would care if they lived or died? The glory of the human race is the uniqueness of each individual, the fact that every person, though similar in many ways to others, possesses a completely individuated personality of his own. It is the fact of each person's uniqueness—the fact that no two people can be wholly interchangeable—that makes each and every man irreplaceable and that makes us care whether he lives or dies, whether he is happy or oppressed. And, finally, it is the fact that these unique personalities need freedom for their full development that constitutes one of the major arguments for a free society.
Murray N. Rothbard
Freedom, Inequality, Primitivism and the Division of Labor

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(Added by Sarah House on 4/25/2005, 12:00pm)
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