Oscar Iden Lecture Series, Lecture 3: "The State of Individuals" (1976)
“Society thrives on trade simply because trade makes specialization possible, and specialization increases output, and increased output reduces the cost in toil for the satisfactions men live by. That being so, the market place is a most humane institution.”
Source: The Rise & Fall of Society (1959), p. 56
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Frank Chodorov 44
American libertarian thinker 1887–1966Related quotes

Speech to the National Labour conference at Caxton Hall, London (28 October 1935), quoted in The Times (29 October 1935), p. 9
1930s
Banquet speech, The Nobel Prize in Physiology or Medicine 1979 http://nobelprize.org/nobel_prizes/medicine/laureates/1979/cormack-speech.html

1960s-1980s, "The Firm, the Market, and the Law" (1988)

“Technological advance often thrives in sheltered and subsidized markets, which defy free trade.”
Source: The Economic Illusion (1984), Chapter 3, Trade, p. 97

Source: 2000s, The Age of Turbulence (2008), Chapter Twenty-Five, "The Delphic Future", p. 471.

The Counter-Revolution in Monetary Theory (1970) <!-- ([[w:Institute of Economic Affairs
Context: Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. … A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.