Top Austrian Economics Quotes

Libertarians make no exceptions to the golden rule and provide no moral loophole, no double standard, for government. That is, libertarians believe that murder is murder and does not become sanctified...

War has been the necessary and inevitable consequence of the establishment of a monopoly on security.

In the same way that central banking nearly wrecked the world and created one calamity after another, bitcoin can save the world one transaction at a time.It is time for a new beginning.

Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.

Without anarchy, there would be chaos.

The instant that any government obtains a monetary printing press, it becomes a deeply dishonest government, empowered to rob people by stealth. A government with the power to print money knows no lim...

The valuations which result in determination of definite prices are different. Each party attaches a higher value to the good he receives than to that he gives away. The exchange ratio, the price, is...

People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.

Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the ci...

The welfare of a people lies not in casting other peoples down but in peaceful collaboration.

Freedom is the foundation for all wonderful things in life.

While liberals are in favor of any sexual activity engaged in by two consenting adults, when these consenting adults engage in trade or exchange, the liberals step in to harass, cripple, restrict, or...

It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.

The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to the coun...

For anyone who thinks "profit" is evil, I have a challenge for you: try NOT to get any profit in the next week. Profit simply means increasing how much valuable stuff you have, and if you don't profit...

The disdain of profit is due to ignorance, and to an attitude that we may if we wish admire in the ascetic who has chosen to be content with a small share of the riches of this world, but which, when...

Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may h...

In proportion as you give the state power to do things for you, you give it power to do things to you.

Liberty should be understood as freedom from the government, specifically, freedom from the initiation of physical force by the government.

No man can rightfully be required to join, or support, an association whose protection he does not desire.