“If one takes pleasure in calling the gold standard a "barbarous relic," one cannot object to the application of the same term to every historically determined institution. Then the fact that the British speak English — and not Danish, German, or French — is a barbarous relic too, and every Briton who opposes the substitution of Esperanto for English is no less dogmatic and orthodox than those who do not wax rapturous about the plans for a managed currency.”

—  Ludwig von Mises , book Human Action

The Gold Standard http://mises.org/daily/4153 - LvMI, excerpt from chapter 17 of Human Action
Human Action (1949)

Adopted from Wikiquote. Last update Feb. 15, 2022. History

Help us to complete the source, original and additional information

Do you have more details about the quote "If one takes pleasure in calling the gold standard a "barbarous relic," one cannot object to the application of the sam…" by Ludwig von Mises?
Ludwig von Mises photo
Ludwig von Mises 62
austrian economist 1881–1973

Related quotes

John Maynard Keynes photo

“In truth, the gold standard is already a barbarous relic.”

John Maynard Keynes (1883–1946) British economist

A Tract on Monetary Reform (1923), p. 172
Context: Those who advocate the return to a gold standard do not always appreciate along what different lines our actual practice has been drifting. If we restore the gold standard, are we to return also to the pre-war conceptions of bank-rate, allowing the tides of gold to play what tricks they like with the internal price-level, and abandoning the attempt to moderate the disastrous influence of the credit-cycle on the stability of prices and employment? Or are we to continue and develop the experimental innovations of our present policy, ignoring the "bank ration" and, if necessary, allowing unmoved a piling up of gold reserves far beyond our requirements or their depletion far below them? In truth, the gold standard is already a barbarous relic.

“French, German, English and Spanish are four admirable languages and I manage to express myself in all of them with more or less skill.”

Albert Caraco (1919–1971) French-Uruguayan philosopher

Source: Journal of 1969, p. 45

Stephen Harper photo

“While [Montreal] it is a French-speaking city – largely – it has an enormous English-speaking minority and a large number of what are called ethnics: they who are largely immigrant communities, but who politically and culturally tend to identify with the English community.”

Stephen Harper (1959) 22nd Prime Minister of Canada

1990s, Speech to the Council for National Policy (1997)

Georges Sorel photo

“It is very difficult to understand proletarian violence as long as we try to think in terms of the ideas disseminated by bourgeois philosophy; according to this philosophy, violence is a relic of barbarism which is bound to disappear under the progress of enlightenment.”

Georges Sorel book Reflections on Violence

Source: Reflections on Violence (1908), p. 65

K. Barry Sharpless photo

“We have a word game in English called "Twenty questions." To play Twenty Questions, one player imagines some object, and the other players must guess what it is by asking questions that can be answered with a "yes" or a "no." I imagine every language has a similar game, and, for those of us who speak the language of science, the game is called The Scientific Method.”

K. Barry Sharpless (1941) American chemist

Nobel Banquet speech, 2001

Carlos Menem photo

“English: "To those who are speaking about me getting off the elections, I say: Don't even think about it, you don't know the fiber one is made of"”

Carlos Menem (1930) Argentine politician who was President of Argentina from 1989 to 1999

"A los que vienen hablando de que me voy a bajar de la candidatura, yo les digo: Ni lo piensen, no saben de la fibra de la que está hecho uno"
Said one day before getting off the presidential elections on May 13th, 2003

“Most English speakers do not have the writer's short fuse about seeing or hearing their language brutalized. This is the main reason, I suspect, that English is becoming the world's universal tongue: English-speaking natives don't care how badly others speak English as long as they speak it. French, once considered likely to become the world's lingua franca, has lost popularity because those who are born speaking it reject this liberal attitude and become depressed, insulted or insufferable when their language is ill used.”

Russell Baker (1925–2019) writer and satirst from the United States

"Introduction to 'We're Losing Contact, Captain'" (p.353)
There's a Country in My Cellar (1990)

Theodore Roosevelt photo

“In my Cabinet at the time there were men of English and French, German, Irish, and Dutch blood, men born on this side and men born in Germany and Scotland; but they were all Americans and nothing else; and every one of them was incapable of thinking of himself or of his fellow-countrymen, excepting in terms of American citizenship.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1910s, Address to the Knights of Columbus (1915)
Context: In my Cabinet at the time there were men of English and French, German, Irish, and Dutch blood, men born on this side and men born in Germany and Scotland; but they were all Americans and nothing else; and every one of them was incapable of thinking of himself or of his fellow-countrymen, excepting in terms of American citizenship. If any one of them had anything in the nature of a dual or divided allegiance in his soul, he never would have been appointed to serve under me, and he would have been instantly removed when the discovery was made. There wasn't one of them who was capable of desiring that the policy of the United States should be shaped with reference to the interests of any foreign country or with consideration for anything, outside of the general welfare of humanity, save the honor and interest of the United States, and each was incapable of making any discrimination whatsoever among the citizens of the country he served, of our common country, save discrimination based on conduct and on conduct alone.

Johann Wolfgang von Goethe photo

“They abandon themselves credulously to every fanatic scoundrel who speaks to their baser qualities, confirms them in their vices, teaches them nationality means barbarism and isolation.”

Johann Wolfgang von Goethe (1749–1832) German writer, artist, and politician

Attributed to Goethe by German novelist Thomas Mann in his novel The Beloved Returns. The line was Mann's invention, though it was later quoted during the Nuremburg trials by prosecutor Sir Hartley Shawcross, who quoted the passage as if it truly had been written by Goethe.
Misattributed
Source: http://hdl.handle.net/2027/spo.act2080.0051.419 Thomas Mann in America

José Ortega Y Gasset photo

“When all these things are lacking there is no culture; there is in the strictest sense of the word, barbarism. And let us not deceive ourselves, this is what is beginning to appear in Europe under the progressive rebellion of the masses. The traveller who arrives in a barbarous country knows that in that territory there are no ruling principles to which it is possible to appeal. Properly speaking, there are no barbarian standards. Barbarism is the absence of standards to which appeal can be made.”

José Ortega Y Gasset book The Revolt of the Masses

Chap. VIII: The Masses Intervene In Everything, And Why Their Intervention Is Solely By Violence
The Revolt of the Masses (1929)

Related topics