Murray Rothbard Quotes


The modern welfare state, highly touted as soaking the rich to subsidize the poor, does no such thing. In fact, soaking the rich would have disastrous effects, not just for the rich but for the poor and middle classes themselves. For it is the rich who provide a proportionately greater amount of saving, investment capital, entrepreneurial foresight, and financing of technological innovation that has brought the Unites States to by far the highest standard of living - for the mass of the people - of any country in history.


Citations

Rothbard, Murray N. For a New Liberty: The Libertarian Manifesto. Macmillan, 1973.

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Murray Rothbard
Murray Rothbard
  • Born: March 2, 1926
  • Died: January 7, 1995
  • Nationality: American
  • Profession: Economist

Murray Newton Rothbard was an American heterodox economist of the Austrian School, economic historian and political theorist. Rothbard was the founder and leading theoretician of anarcho-capitalism, a staunch advocate of historical revisionism and a central figure in the 20th-century American libertarian movement. He wrote over twenty books on political theory, revisionist history, economics, and other subjects.