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Albert Jay Nock Quote

There are two methods, or means, and only two, whereby man's needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the political means.

Albert Jay Nock

There are two methods, or means, and only two, whereby man's needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the political means.

Tags: anarcho capitalism, anarchy, ancap, austrian school of economics, capitalism, coercion, communism, democracy, free, free market

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About Albert Jay Nock

Albert Jay Nock (October 13, 1870 – August 19, 1945) was an American libertarian author, editor first of The Freeman and then The Nation, educational theorist, Georgist, and social critic of the early and middle 20th century. He was an outspoken opponent of the New Deal, and served as a fundamental inspiration for the modern libertarian and conservative movements, cited as an influence by William F. Buckley Jr. He was one of the first Americans to self-identify as "libertarian". His best-known books are Memoirs of a Superfluous Man and Our Enemy, the State.