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A book of the size and profundity of Capital and Interest is not easy reading. But the effort expended pays very well. Economic Freedom and Interventionism p. 135 Böhm-Bawerk, Eugen von
A sound monetary policy is one of the foremost means to thwart the insidious schemes of communism. Economic Freedom and Interventionism p. 106 Communism
Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful. Economic Freedom and Interventionism p. 62 Government
Dr. Rothbard is already well known as the author of several excellent monographs. Now, as the result of many years of sagacious and discerning meditation, he joins the ranks of eminent economists by publishing a voluminous work, a systematic treatise on economics. Economic Freedom and Interventionism p. 155 Rothbard, Murray
Full government control of all activities of the individual is virtually the goal of both national parties. Economic Freedom and Interventionism p. 157 America
In his book on Eternal Peace, the German philosopher Immanuel Kant suggested that government should be forbidden to finance wars by borrowing. He expected that the warlike spirit would dwindle if all countries had to pay cash for their wars. Economic Freedom and Interventionism p. 99 Kant, Immanuel
In the same way in which it is impossible for a mathematician to specialize in triangles and to neglect the study of circles, it is impossible to be an expert on wage rates without at the same time mastering the problems of profits and interest, commodity prices, and currency and banking. Economic Freedom and Interventionism p. 234 Economists
Nobody seems to doubt that to prevent some people from acquiring riches is a policy extremely beneficial for the rest of society. Economic Freedom and Interventionism pp. 231-32 Envy
Now such a book as Man, Economy, and State offers to every intelligent man an opportunity to obtain reliable information concerning the great controversies and conflicts of our age. It is certainly not easy reading and asks for the utmost exertion of ones attention. But there are no shortcuts to wisdom. Economic Freedom and Interventionism p. 158 Rothbard, Murray
Reading Smith is no more a substitute for studying economics than reading Euclid is a substitute for the study of mathematics. Economic Freedom and Interventionism p. 117 Smith, Adam
Smith did not inaugurate a new chapter in social philosophy and did not sow on land hitherto left uncultivated. Economic Freedom and Interventionism p. 115 Smith, Adam
The fundamental law of the market is: the customer is always right. Economic Freedom and Interventionism p. 6 Market
The main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of violent conflict have branded it as a dismal science and why this age of wars, civil wars, and destruction has no use for it. Economic Freedom and Interventionism p. 235 Economics
The modern American high school, reformed according to the principles of John Dewey, has failed lamentably, as all competent experts agree, in the teaching of mathematics, physics, languages, and history. Economic Freedom and Interventionism p. 171 Education
The most serious dangers for American freedom and the American way of life do not come from without. Economic Freedom and Interventionism p. 101 America
The return to gold does not depend on the fulfillment of some material condition. It is an ideological problem. It presupposes only one thing: the abandonment of the illusion that increasing the quantity of money creates prosperity. Economic Freedom and Interventionism p. 86 Gold Standard
The social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. In the pursuit of this task the economist incurs the deadly enmity of all mountebanks and charlatans whose shortcuts to an earthly paradise he debunks. Economic Freedom and Interventionism pp. 51-52 Economics
There is no doubt that Böhm-Bawerk's book is the most eminent contribution to modern economic theory. For every economist it is a must to study it most carefully and to scrutinize its content with the utmost care. Economic Freedom and Interventionism p. 133 Böhm-Bawerk, Eugen von
There is no remedy for the inefficiency of public management. Economic Freedom and Interventionism p. 63 Government
There is, in fact, in the writings and teaching of those who nowadays call themselves economists, no longer any comprehension of the operation of the economic system as such. Economic Freedom and Interventionism p. 154 Economists
Therefore nothing is more important today than to enlighten public opinion about the basic differences between genuine Liberalism, which advocates the free market economy, and the various interventionist parties which are advocating government interference. Economic Freedom and Interventionism p. 244 Future
Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household. He is fully confident that this trend will prevail also in the future. He simply calls it the American way of life and does not give serious thought to the question of what made this continuous improvement in the supply of material goods possible. Economic Freedom and Interventionism p. 7 America
Western civilization is based upon the libertarian principle and all its achievements are the result of the actions of free men. Economic Freedom and Interventionism p. 150 Western Civilization