Quotes by Carl Menger - Quotesperation

Author Carl Menger
Quote
Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.
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#taxation #statism #slavery #non-aggression-principle #market #liberty #libertarian #laissez-faire #trade #freedom #federal-reserve #economics #coercion #capitalism #austrian-school-of-economics #ancap #anarchy #free #voluntaryism
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Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.

-Carl Menger

Author Carl Menger
Quote
We are confronted by the appearance of social institutions unintentionally created, vital for the welfare of society, which are not the result of reasoned planning.
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We are confronted by the appearance of social institutions unintentionally created, vital for the welfare of society, which are not the result of reasoned planning.

-Carl Menger

Author Carl Menger
Quote
Money is not an invention of the state. It is not the product of a legislative act.
Share

Money is not an invention of the state. It is not the product of a legislative act.

-Carl Menger