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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Nation, State, and Economy p. 154

07/14/2014Quotes
War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.

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Liberalism p. 58

07/14/2014Quotes
The whole of mankinds progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

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Omnipotent Government p. 117

07/14/2014Quotes
The private life of a modern entrepreneur or executive differs much less from that of his employees than, centuries ago, the life of a feudal landlord differed from that of his serfs.

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Nation, State, and Economy p. 219

07/14/2014Quotes
Perhaps they think that they will exercise power for the general good, but that is what all those with power have believed. Power is evil in itself, regardless of who exercises it.

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Theory and History pp. 12425

07/14/2014Quotes
Marxs economic teachings are essentially a garbled rehash of the theories of Adam Smith and, first of all, of Ricardo.

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Austrian Economics: An Anthology p. 125

07/14/2014Quotes
On the market it is not mankind, the state, or the corporative unit that acts, but individual men and groups of men, and that their valuations and their actions are decisive, not those of abstract collectives.

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Omnipotent Government p. 102

07/14/2014Quotes
The enormous transfer of capital from Western Europe to the rest of the world was one of the outstanding events of the age of capitalism. It has developed natural resources in the remotest areas. It has raised the standard of living of peoples who from time immemorial had not achieved any...

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