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Murray Rothbard Quotes (1926-1995)
Philosopher, Author
About Murray Rothbard
Murray Newton Rothbard (2 March 1926 – 7 January 1995) was an American economist of the Austrian School, an historian of both economic thought and American history, and a political philosopher whose writings and personal influence played a seminal role in the development of modern libertarianism. Rothbard was the founder and leading theoretician of anarcho-capitalism, a staunch advocate of natural law, and a central figure in the twentieth-century American libertarian movement. He was the author of over twenty books on anarchist theory, history, economics, and other subjects.
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“Rights may be universal, but their enforcement must be local.”
“The more consistently Austrian School an economist is, the better a writer he will be.”
“Inflation, being a fraudulent invasion of property, could not take place on the free market.”
“The problem is that he originated nothing that was true, and that whatever he originated was wrong.”
“[O]ften, only extremists' make sense, while eclectics and moderates are entangled in contradictions.”
“Harold, the young kids out there are not going to be willing to go to the barricades in defense of lowered transaction costs.”
“John Stuart was the quintessence of soft rather than hardcore, a woolly minded man of mush in striking contrast to his steel-edged father.”
“Inflation may be defined as any increase in the economy's supply of money not consisting of an increase in the stock of the money metal.”
“Behind the honeyed but patently absurd pleas for equality is a ruthless drive for placing themselves (the elites) at the top of a new hierarchy of power.”
“Money is a commodity … not a useless token only good for exchanging; … It differs from other commodities in being demanded mainly as a medium of exchange.”
“This, by the way, is the welfare state in action: Its a whole bunch of special interest groups screwing consumers and taxpayers, and making them think they're really benefiting.”
“Freedom can run a monetary system as superbly as it runs the rest of the economy. Contrary to many writers, there is nothing special about money that requires extensive governmental dictation.”
“All interstate wars intensify aggression – maximize it … some wars are even more unjust than others. In other words, all government wars are unjust, although some governments have less unjust claims…”
“Shameless sponging on friends and relatives … Marx affected a hatred and contempt for the very material resource he was too anxious to cadge and use so recklessly. Marx created an entire philosophy around his own corrupt attitudes toward money.”
“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”
“The fundamental political question is why do people obey a government. The answer is that they tend to enslave themselves, to let themselves be governed by tyrants. Freedom from servitude comes not from violent action, but from the refusal to serve. Tyrants fall when the people withdraw their support.”
“In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money at all.”
“Briefly, the State is that organization in society which attempts to maintain a monopoly of the use of force and violence in a given territorial area; in particular, it is the only organization in society that obtains its revenue not by voluntary contribution or payment for services rendered but by coercion.”
“If a man has the right to self-ownership, to the control of his life, then in the real world he must also have the right to sustain his life by grappling with and transforming resources; he must be able to own the ground and the resources on which he stands and which he must use. In short, to sustain his "human right."”
Murray Rothbard Quotes by Topic
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Murray Rothbard on Statism 2 quotes
“It is the state that is robbing all classes, rich and poor, black and white alike; it is the state that is ripping us all off; it is the state that is the common enemy of mankind.”
Murray Rothbard on Inflation
Murray Rothbard on Rights
“Rights may be universal, but their enforcement must be local.”
Murray Rothbard on Economics
“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”
Murray Rothbard on Servitude
“The fundamental political question is why do people obey a government. The answer is that they tend to enslave themselves, to let themselves be governed by tyrants. Freedom from servitude comes not from violent action, but from the refusal to serve. Tyrants fall when the people withdraw their support.”
Murray Rothbard on Refusal
“The fundamental political question is why do people obey a government. The answer is that they tend to enslave themselves, to let themselves be governed by tyrants. Freedom from servitude comes not from violent action, but from the refusal to serve. Tyrants fall when the people withdraw their support.”
Murray Rothbard on Anarchism
“I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual. Anarchists oppose the State because it has its very being in such aggression, namely, the expropriation of private property through taxation, the coercive exclusion of other providers of defense service from its territory, and all of the other depredations and coercions that are built upon these twin foci of invasions of individual rights.”
Murray Rothbard on Capitalism
“We must first decide what the meaning of the term 'capitalism' really is. Unfortunately, the term 'capitalism' was coined by its greatest and most famous enemy, Karl Marx. We really can't rely upon him for correct and subtle usage. And, in fact, what Marx and later writers have done is to lump together two extremely different and even contradictory concepts and actions under the same portmanteau term. These two contradictory concepts are what I would call 'free-market capitalism' on the one hand, and 'state capitalism' on the other. The difference between free-market capitalism and state capitalism is precisely the difference between, on the one hand, peaceful, voluntary exchange, and on the other, violent expropriation.”
Murray Rothbard on Cultural Marxism
“When I was growing up, I found that the main argument against laissez-faire, and for socialism, was that socialism and communism were inevitable: “You can’t turn back the clock!” they chanted, “you can’t turn back the clock.” But the clock of the once-mighty Soviet Union, the clock of Marxism-Leninism, a creed that once mastered half the world, is not only turned back but lies dead and broken forever. But we must not rest content with this victory. For though Marxism-Bolshevism is gone forever, there still remains, plaguing us everywhere, its evil cousin: call it “soft Marxism,” “Marxism-Humanism,” “Marxism-Bernsteinism,” “Marxism-Trotskyism,” “Marxism-Freudianism,” well, let’s just call it “Menshevism,” or “social democracy.”Social democracy is still here in all its variants, defining our entire respectable political spectrum, from advanced victimology and feminism on the Left over to neoconservatism on the Right. We are now trapped, in America, inside a Menshevik fantasy, with the narrow bounds of respectable debate set for us by various brands of Marxists. It is now our task, the task of the resurgent right, of the paleo movement, to break those bonds, to finish the job, to finish off Marxism forever.”
Murray Rothbard on Libertarianism
“All libertarians, of whatever faction or persuasion, lay great stress on education, on convincing an ever-larger number of people to become libertarians, and hopefully, highly dedicated ones. The problem, however, is that the great bulk of libertarians hold a very simplistic view of the role and scope of such education. They do not, in short, even attempt to answer the question: After education, what? What then? What happens after X number of people are convinced? And how many need to be convinced to press on to the next stage? Everyone? A majority? Many people? … Beyond the problem of education lies the problem of power. After a substantial number of people have been converted, there will be the additional task of finding ways and means to remove State power from our society. Since the state will not gracefully convert itself out of power, other means than education, means of pressure, will have to be used. What particular means or what combination of means — whether by voting, alternative institutions untouched by the State or massive failure to cooperate with the State — depends on the conditions of the time and what will be found to work or not to work. In contrast to matters of theory and principle, the particular tactics to be used — so long as they are consistent with the principles and ultimate goal of a purely free society — are a matter of pragmatism, judgment, and the inexact "art" of the tactician.”
What Murray Rothbard Said About Others
Discover personal opinions Murray Rothbard shared regarding contemporaries.
Murray Rothbard on Gustave de Molinari 2 quotes
“The most "extreme" and consistent, as well as the longest-lived and most prolific of the French laissez-faire economists was the Belgian-born Gustave de Molinari (1819–1912), who edited the Journal des Economistes for several decades.”
Murray Rothbard on Ayn Rand 2 quotes
“Wit and humor, as might be gathered from this incident, were verboten in the Randian movement. The philosophical rationale was that humor demonstrates that one "is not serious about one’s values." The actual reason, of course, is that no cult can withstand the piercing and sobering effect, the sane perspective, provided by humor. One was permitted to sneer at one's enemies, but that was the only humor allowed, if humor that be.”
Murray Rothbard on Leon Trotsky
“In the early 1920s, the Communists believed, a priori, that Germany and other European countries were ripe for internal revolution, and indeed Germany was not far from going Communist in these years. But later on, these hopes died, and Stalin, particularly after the ouster of the fanatic Trotsky, who always wanted immediate revolutions everywhere, settled down to calm concentration on “socialism in one country.””
Murray Rothbard on François-Noël Babeuf
“The ultimate ideal of Babeuf and his Conspiracy was absolute equality. Nature, they claimed, calls for perfect equality; all inequality is injustice: therefore community of property was to be established. ... In the ideal communist society sought by the Conspiracy, private property would be abolished, and all property would be communal and stored in communal storehouses. From these storehouses, the goods would be distributed “equitably” by the superiors — apparently, there was to be a cadre of “superiors” in this oh so “equal” world!”
Murray Rothbard on Friedrich Hayek
“Since Hayek was radically scornful of human reason, he could not, like John Locke or the Scholastics, elaborate a libertarian system of personal and property rights based on the insights of human reason into natural law. Nor could he, like Mises, emphasize man's rational insight into the vital importance of laissez-faire for the flourishing and even survival of the human race, or of foregoing any coercive intervention into the vast and interdependent network of the free market economy. Instead, Hayek had to fall back on the importance of blindly obeying whatever social rules happened to have "evolved," and his only feeble argument against intervention was that the government was even more irrational and was even more ignorant, than individuals in the market economy.”
Murray Rothbard on Bill Clinton
“The great media lie in the 1992 electoral campaign is that Clinton, unlike earlier Democratic presidential candidates, has moved from the “left” to the “middle” of the political spectrum, and also that unlike earlier presidential candidates he is not beholden to left-wing special interests. The fact is that they tried the same nonsense in the Dukakis campaign in 1988, and they were not successful in fooling too many people. Clinton’s “moderation” and “business friendly” views consist of his promotion of “investments.” But these “investments” have mysteriously been redefined to consist of government spending! The current media narrative claims that the US economy is losing productivity, and that what is needed to improve productivity is higher taxes (!) and increased government spending on “infrastructure”—that is to say, more money wasted on government roads and more money for schools which serve mostly as indoctrination camps.”
Murray Rothbard on Edmund Burke
“In 1756 Edmund Burke published his first work: Vindication of Natural Society. Curiously enough it has been almost completely ignored in the current Burke revival. This work contrasts sharply with Burke's other writings, for it is hardly in keeping with the current image of the Father of the New Conservatism. A less conservative work could hardly be imagined; in fact, Burke's Vindication was perhaps the first modern expression of rationalistic and individualistic anarchism. ... "Anarchism" is an extreme term, but no other can adequately describe Burke's thesis. Again and again, he emphatically denounces any and all government, and not just specific forms of government... All government, Burke adds, is founded on one "grand error." It was observed that men sometimes commit violence against one another, and that it is therefore necessary to guard against such violence. As a result, men appoint governors among them. But who is to defend the people against the governors? ... The anarchism of Burke's Vindication is negative, rather than positive. It consists of an attack on the State rather than a positive blueprint of the type of society which Burke would regard as ideal. Consequently, both the communist and the individualist wings of anarchism have drawn sustenance from this work.”
Quotes About Murray Rothbard
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Walter Block on Murray Rothbard
“According to Rothbard, a child becomes an adult not when he reaches some arbitrary age limit, but rather when he does something to establish his ownership and control over his own person: namely, when he leaves home, and becomes able to support himself. This criteria, and only this criteria, is free of all the objections to arbitrary age limits. Moreover, not only is it consistent with the libertarian homesteading theory, it is but an application of it. For by leaving home and becoming his own means of support, the ex-child becomes an initiator, as the homesteader, and owes his improved state to his own actions.”
David Friedman on Murray Rothbard
“Let me take the liberty of being uncharitable but truthful.Rothbard had a problem. He thought he was a great economist, but practically nobody within the profession agreed and most of them had never heard of him. Rothbard had a solution. He was ignored because he held extreme pro-market views, which were ideologically unpopular in the academy. Rothbard had a problem. Milton Friedman held extreme pro-market views--not as extreme as Rothbard's, but far enough from academic orthodoxy so that the same effect should have existed. But Milton Friedman not only wasn't ignored, he was viewed within the profession as a leading figure--despite his unpopular political views. Rothbard had a solution--to persuade himself and his followers that Milton Friedman was really one of them instead of one of us, hence his acceptance by the profession didn't contradict Rothbard's view of the reason for Rothbard's non-acceptance.Maintaining that claim was difficult--at one point I remember being told by a Rothbard supporter, explaining why he was not going to publish a letter of mine in his journal that contained quotes from my father inconsistent with Rothbard's account of my father's views, that if Rothbard and Friedman disagreed about what Friedman's views were, Rothbard was right.”
Roderick T. Long on Murray Rothbard
“It may come as a surprise to learn that for Rothbard the New Left's most "crucial contribution to both ends and means…is its concept of 'participatory democracy.'" … This may seem less surprising once one realizes that for Rothbard the free market is the fullest realization of participatory democracy. … The political appeal of participatory democracy for Rothbard was its requirement of decentralization, and its rejection of a layer of political "representatives" above the people. But Rothbard also found the idea appealing outside the narrowly political sphere. He wrote: "Participatory democracy is at the same time…a theory of politics and a theory of organization, an approach to political affairs and to the way New Left organizations (or any organizations, for that matter) should function." And he praised "fascinating experiments in which workers are transformed into independent and equal entrepreneurs." Traditional "socialist" goals such as workers' control of industry, then, were apparently not anathema to Rothbard.Indeed, he would later argue that any nominally private institution that gets more than 50% of its revenue from the government, or is heavily complicit in government crimes, or both, should be considered a government entity; since government ownership is illegitimate, the proper owners of such institutions are "the 'homesteaders', those who have already been using and therefore 'mixing their labor' with the facilities." This entails inter alia "student and/or faculty ownership of the universities." As for the "myriad of corporations which are integral parts of the military-industrial complex," one solution, Rothbard says, is to "turn over ownership to the homesteading workers in the particular plants." He also supported third-world land reforms considered socialistic by many conservatives, on the grounds that existing land tenure represented "continuing aggression by titleholders of land against peasants engaged in transforming the soil."”
Michael Malice on Murray Rothbard 4 quotes
“For Rothbard, it was precisely capitalism that was the one and only savior of mankind. Whereas Buchanan was a strict constitutionalist and a strong patriot, Rothbard was opposed to government itself—and not just the American government, but all government. According to Rothbard’s anarcho-capitalism, all state functions could be served cheaper, better, and more effectively by the free market. This included the police and even national defense.”
James Ostrowski on Murray Rothbard
“Noam Chomsky describes Murray Rothbard's vision of a libertarian society as "so full of hate that no human being would want to live in it." (I will not attempt to dissect this insane remark here except to note how the "anti-authoritarian" Chomsky purports to speak for all human beings.) ”
Butler Shaefer on Murray Rothbard
“Murray Rothbard said, more than once, that there was nothing wrong about a person not fully understanding economics; but that those ignorant of economic principles ought not to be proposing governmental policies to govern economic activity.”
Brad Spangler on Murray Rothbard
“It is my contention that Rothbardian anarcho-capitalism is misnamed because it is actually a variety of socialism, in that it offers an alternative understanding of existing capitalism (or any other variety of statism) as systematic theft from the lower classes and envisions a more just society without that oppression. Rather than depending upon the the labor theory of value to understand this systematic theft, Rothbardian market anarchism utilizes natural law theory and Lockean principles of property and self-ownership taken to their logical extreme as an alternative framework for understanding and combating oppression. ... Murray Rothbard was a visionary socialist ... Because the market anarchist society would be one in which the matter of systematic theft has been addressed and rectified, market anarchism ... is best understood a new variety of socialism—a stigmergic socialism. Stigmergy is a fancy word for systems in which a natural order emerges from the individual choices made by the autonomous components of a collective within the sphere of their own self-sovereignty. To the extent coercion skews markets by distorting the decisions of those autonomous components (individual people), it ought to be seen that a truly free market (a completely stigmergic economic system) necessarily implies anarchy, and that any authentic collectivism is necessarily delineated in its bounds by the the natural rights of the individuals composing the collective.”
About Murray Rothbard
Murray Newton Rothbard (2 March 1926 – 7 January 1995) was an American economist of the Austrian School, an historian of both economic thought and American history, and a political philosopher whose writings and personal influence played a seminal role in the development of modern libertarianism. Rothbard was the founder and leading theoretician of anarcho-capitalism, a staunch advocate of natural law, and a central figure in the twentieth-century American libertarian movement. He was the author of over twenty books on anarchist theory, history, economics, and other subjects.