Tag: Austrian economists

1202: Ludwig von Mises – Freedom Requires Unrestricted Thought and Speech

W1202: Ludwig von Mises - Freedom Requires Unrestricted Thought and Speech
It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom. The first requisite for a better social order is the return to unrestricted freedom of thought and speech. —Ludwig von Mises

It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom. The first requisite for a better social order is the return to unrestricted freedom of thought and speech. —Ludwig von Mises

1200: Lew Rockwell – Truth Needs Champions

W1200: Lew Rockwell - Truth Needs Champions
We like to imagine that in history, truth will prevail through sheer persuasive power. Sadly, this is not the case. Truth needs champions... —Lew Rockwell
We like to imagine that in history, truth will prevail through sheer persuasive power. Sadly, this is not the case. Truth needs champions... —Lew RockwellDownload Print Quality (3840×2010) 2.55MB  |  Normal Quality (1920×1005) 180KB
We like to imagine that in history, truth will prevail through sheer persuasive power. Sadly, this is not the case. Truth needs champions... —Lew RockwellDownload Print Quality (3840×2744) 3.96MB  |  Normal Quality (1920×1372) 225KB

We like to imagine that in history, truth will prevail through sheer persuasive power. Sadly, this is not the case. Truth needs champions… —Lew Rockwell

1196: Peter Schiff – Robbing Citizens of Their Purchasing Power

W1196: Peter Schiff - Robbing Citizens of Their Purchasing Power
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter Schiff
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter SchiffDownload Print Quality (3840×2010) 6.24MB  |  Normal Quality (1920×1005) 237KB
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter SchiffDownload Print Quality (3840×2744) 7.69MB  |  Normal Quality (1920×1372) 311KB

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter Schiff

1193: Peter Schiff – Minimum Wage Laws Make it Harder to Find Work

W1193: Peter Schiff - Minimum Wage Laws Make it Harder to Find Work
Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff
Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter SchiffDownload Print Quality (3840×2010) 2.48MB  |  Normal Quality (1920×1005) 164KB
Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter SchiffDownload Print Quality (3840×2744) 3.39MB  |  Normal Quality (1920×1372) 216KB

Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff

1186: Murray Rothbard – We are Libertarians of the Will and Intellect

W1186: Murray Rothbard - We are Libertarians of the Will and Intellect
We are libertarians of the will as well as the intellect, of activity as well as theory, of real-world struggle as well as idealistic vision. Our goal is nothing less than the victory of liberty over the Leviathan state, and we shall not be deflected, we shall not be diverted, we shall not be suborned, from achieving that goal. Secure in the knowledge that we are in the right, inspired by the vision, determination and courage of our forbears, we dedicate ourselves to the noblest cause of all, the old American cause, of individual liberty. —Murray Rothbard

We are libertarians of the will as well as the intellect, of activity as well as theory, of real-world struggle as well as idealistic vision. Our goal is nothing less than the victory of liberty over the Leviathan state, and we shall not be deflected, we shall not be diverted, we shall not be suborned, from achieving that goal. Secure in the knowledge that we are in the right, inspired by the vision, determination and courage of our forbears, we dedicate ourselves to the noblest cause of all, the old American cause, of individual liberty. —Murray Rothbard

1165: Tom Woods – The Civil War was Fought to Prevent Secession

W1165: Tom Woods - The Civil War was Fought to Prevent Secession
The war was fought to prevent the secession, not to free the slaves. People who took up arms in the South did so because they were being invaded. —Tom Woods
The war was fought to prevent the secession, not to free the slaves. People who took up arms in the South did so because they were being invaded. —Tom WoodsDownload Print Quality (3840×2010) 2.12MB  |  Normal Quality (1920×1005) 183KB
The war was fought to prevent the secession, not to free the slaves. People who took up arms in the South did so because they were being invaded. —Tom WoodsDownload Print Quality (3840×2744) 3.39MB  |  Normal Quality (1920×1372) 233KB

The war was fought to prevent the secession, not to free the slaves. People who took up arms in the South did so because they were being invaded. —Tom Woods

1164: Tom Woods – State Monopoly of Power

W1164: Tom Woods - State Monopoly of Power
If the federal government has the exclusive right to judge the extent of its own powers, warned the Kentucky and Virginia resolutions' authors (James Madison and Thomas Jefferson, respectively), it will continue to grow - regardless of elections, the separation of powers, and other much-touted limits on government power. —Tom Woods
If the federal government has the exclusive right to judge the extent of its own powers, warned the Kentucky and Virginia resolutions' authors (James Madison and Thomas Jefferson, respectively), it will continue to grow - regardless of elections, the separation of powers, and other much-touted limits on government power. —Tom WoodsDownload Print Quality (3840×2010) 7.71MB  |  Normal Quality (1920×1005) 332KB
If the federal government has the exclusive right to judge the extent of its own powers, warned the Kentucky and Virginia resolutions' authors (James Madison and Thomas Jefferson, respectively), it will continue to grow - regardless of elections, the separation of powers, and other much-touted limits on government power. —Tom WoodsDownload Print Quality (3840×2744) 8.32MB  |  Normal Quality (1920×1372) 389KB

If the federal government has the exclusive right to judge the extent of its own powers, warned the Kentucky and Virginia resolutions’ authors (James Madison and Thomas Jefferson, respectively), it will continue to grow – regardless of elections, the separation of powers, and other much-touted limits on government power. —Tom Woods

1163: Tom Woods – The Delusion of Keynesians

W1163: Tom Woods - The Delusion of Keynesians
Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom Woods
Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom WoodsDownload Print Quality (3840×2010) 3.16MB  |  Normal Quality (1920×1005) 222KB
Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom WoodsDownload Print Quality (3840×2744) 5.18MB  |  Normal Quality (1920×1372) 304KB

Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom Woods

1162: Tom Woods – The Stupid Party and The Evil Party

W1162: Tom Woods - The Stupid Party and The Evil Party
There are only two (major) parties today: The Stupid Party and The Evil Party. Once in a while the two parties get together to do something that is both stupid and evil, and that's called Bipartisanship. —Tom Woods
There are only two (major) parties today: The Stupid Party and The Evil Party. Once in a while the two parties get together to do something that is both stupid and evil, and that's called Bipartisanship. —Tom WoodsDownload Print Quality (3840×2010) 6.73MB  |  Normal Quality (1920×1005) 295KB
There are only two (major) parties today: The Stupid Party and The Evil Party. Once in a while the two parties get together to do something that is both stupid and evil, and that's called Bipartisanship. —Tom WoodsDownload Print Quality (3840×2744) 9.02MB  |  Normal Quality (1920×1372) 370KB

There are only two (major) parties today: The Stupid Party and The Evil Party. Once in a while the two parties get together to do something that is both stupid and evil, and that’s called Bipartisanship. —Tom Woods

1019: F.A. Hayek – Psychological Change That Will Destroy Liberty

F1019: F.A. Hayek - Psychological Change
The most important change which extensive government control produces is a psychological change, an alteration in the character of the people. This is necessarily a slow affair, a process which extends not over a few years but perhaps over one or two generations. The important point is that the political ideals of a people and its attitude toward authority are as much the effect as the cause of the political institutions under which it lives. This means, among other things, that EVEN a strong tradition of political liberty is no safeguard if the danger is precisely that new institutions and policies will gradually undermine and destroy that spirit.
The most important change which extensive government control produces is a psychological change, an alteration in the character of the people. This is necessarily a slow affair, a process which extends not over a few years but perhaps over one or two generations. The important point is that the political ideals of a people and its attitude toward authority are as much the effect as the cause of the political institutions under which it lives. This means, among other things, that EVEN a strong tradition of political liberty is no safeguard if the danger is precisely that new institutions and policies will gradually undermine and destroy that spirit.