Legal System

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Murray N. Rothbard

But what happens when government sanctions, and in effect legalizes, counterfeiting, either by itself or by other institutions? Counterfeiting then becomes a grave economic and social problem indeed. For then there is no one to guard our guardians against their depredations of private property.

Christopher P. Casey

Austrian economists are not fooled, because they reject the idea of empirical data in the validation of theory in the social sciences.