Quotes

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Fetter Quote on Theory

Philosophy and Methodology

07/29/2014Quotes
Every theory must ultimately meet two tests: one, that of internal consistency, the other that of consistency with reality.

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Lew Rockwell Profile Quote

Big Government

03/12/2012Quotes
Anything other than free enterprise always means a society of compulsion and lower living standards, and any form of socialism strictly enforced means dictatorship and the total state.

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53. The Gaspée Incident

U.S. History

09/29/2009Audio/Video
Pages 252-254 in the text, as narrated by Floy Lilley. From Part 7 of Conceived in Liberty, Volume III : "Prelude to Revolution, 1770-1775."

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Theory and History pp. 191-92

07/14/2014Quotes
It is an enormous simplification to speak of the American mind. Every American has his own mind.

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Theory and History p. 298

07/14/2014Quotes
Truth refers to what is or was, not to a state of affairs that is not or was not but would suit the wishes of the truth-seeker better.

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Omnipotent Government p. 92

07/14/2014Quotes
It makes no difference where the frontiers of a country are drawn. Nobody has a special material interest in enlarging the territory of the state in which he lives; nobody suffers loss if a part of this area is separated from the state. It is also immaterial whether all parts of the states...

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Planning for Freedom p. 177

07/14/2014Quotes
It is not true that human conditions must always improve, and that a relapse into very unsatisfactory modes of life, penury and barbarism is impossible.

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The Theory of Money and Credit p. 278

07/14/2014Quotes
The valuation of the monetary unit depends not upon the wealth of the country, but upon the ratio between the quantity of money and the demand for it, so that even the richest country may have a bad currency and the poorest country a good one.

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The Theory of Money and Credit pp. 477-78

07/14/2014Quotes
Even the manifest futility of the International Monetary Fund does not deter authors from indulging in dreams about a world bank fertilizing mankind with floods of cheap credit.

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Socialism p. 401

07/14/2014Quotes
True, the entrepreneur is free to give full rein to his whims, to dismiss workers off hand, to cling stubbornly to antiquated processes, deliberately to choose unsuitable methods of production and to allow himself to be guided by motives which conflict with the demands of consumers. But when and in...

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