28 Quotes About Austrian-economics

There are two and only two ways that any economy can be organized. One is by freedom and voluntary choice—the way of the market. The other is by force and dictation—the way of the State.

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

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

The phenomenon of economic ignorance is so widespread, and its consequences so frightening, that the objective of reducing that ignorance becomes a goal invested with independent moral worth.

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

The government is a giant logjam in the eternal river of human potential.

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 struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.

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