Other Schools of Thought

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Butler Shaffer

Because the state is grounded in a network of lies, contradictions, deceptions, and conflicts, political systems are inherently in conflict with reality and must resort to intentional distortions of truth as a way of trying to appear coherent to a gullible public.

Murray N. Rothbard

The more historians and publicists worshiped and adored the greatness and the majesty of Franklin Roosevelt, the more they scorned his predecessor as the dour man in the high collar who tried but failed to thwart the nation's ascension to paradise.

Robert P. Murphy

The justification given for "QE2," another round of quantitative easing, is of course the threat of deflation. But if we actually look for ourselves, we see that prices are not falling — not that it would be bad if they were.

Ben O'Neill

The new ecofascist short film "No Pressure"  is a beautiful example of the environmentalist movement's dropping its pleasant-looking mask and joking about its true authoritarian nature. People explode into a bloody mess when they decline to participate.

Albert Jay Nock

Just as the State has no money of its own, so it has no power of its own. All the power it has is what society gives it, plus what it confiscates from time to time on one pretext or another; there is no other source from which State power can be drawn.

Murray N. Rothbard

Schumpeter is properly assiduous about Smith. He obviously had total contempt for Smith, and for good reason. And he hates Ricardo — that's another great thing about Schumpeter. His hatred of Ricardo shines through.

Roger W. Garrison

Bernanke's remarks were long and ponderous, Fedspeak plus excerpts from a typical intermediate-macroeconomics textbook. One thing this newest piece of Fedspeak surely won't do is give us maximum employment and price stability.

Franz Oppenheimer

Everywhere we find some warlike tribe of wild men breaking through the boundaries of some less-warlike people, settling down as nobility and founding its state. The goal is always the same: exploitation.

Robert P. Murphy

Even though these economists — especially Diamond — are very smart and productive, they and their colleagues have hardly helped the plight of the unemployed, as we stumble ever deeper into depression.