Quotes about austrian-school-of-economics
The Austrian School of Economics represents a distinctive and influential approach to understanding economic phenomena, rooted in the principles of individualism, subjective value, and the importance of spontaneous order. Emerging in the late 19th and early 20th centuries, this school of thought challenges conventional economic theories by emphasizing the role of human action and decision-making in shaping market dynamics. At its core, the Austrian School advocates for a free-market economy, where minimal government intervention allows for the natural ebb and flow of supply and demand to dictate economic outcomes.
People are drawn to quotes about the Austrian School of Economics because they encapsulate profound insights into the complexities of human behavior and the intricate workings of markets. These quotes often provoke thought and inspire debate, offering a fresh perspective on economic issues that resonate with those who value individual liberty and entrepreneurial spirit. The Austrian School's emphasis on the unpredictability of human action and the limitations of centralized planning provides a compelling narrative for those seeking to understand the broader implications of economic policies and their impact on society. As such, quotes from this school of thought continue to captivate and challenge thinkers, economists, and enthusiasts alike.
If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers.
The welfare of a people lies not in casting other peoples down but in peaceful collaboration.
Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match. It is a compulsory seizure of the property of the State’s inhabitants, or subjects.
The State obtains its revenue by coercion, by threatening dire penalties should the income not be forthcoming. That coercion is known as “taxation,” although in less regularized epochs it was often known as “tribute.” Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match. It is a compulsory seizure of the property of the State’s inhabitants, or subjects.
A government is a compulsory territorial monopolist of ultimate decision-making (jurisdiction) and, implied in this, a compulsory territorial monopolist of taxation. That is, a government is the ultimate arbiter, for the inhabitants of a given territory, regarding what is just and what is not, and it can determine unilaterally, i.e., without requiring the consent of those seeking justice or arbitration, the price that justice-seekers must pay to the government for providing this service.
Can social progress be made without government?It's like saying 'can happiness be achieved without the initiation of violence? Can romance be achieved without rape? Can profitability be achieved without theft? Can economic growth be achieved without the mass indebted enslavement and counterfeiting of the federal reserve?'.
July 4, the day we celebrate giving our political masters independence from conscience, morality, consequences for evil doing, and basic social and economic reality.The fireworks are the glowing tears of your children's incinerated futures.Cheer happy slaves - your only chains are your deluded joys. Cheer and sing, because for you, songs of death are easier than questions of life.
It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society.
No people and no part of a people shall be held against its will in a political association that it does not want.