Recommended quotes
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“As soon as a crisis breaks out, within the given institutional framework, the same mistake will be made over and over again, on a larger and larger scale. Every future crisis will be bigger than the crisis that we had before.”

Hans-Hermann Hoppe (1949) Austrian school economist and libertarian anarcho-capitalist philosopher

10:55. "Economic Crisis: How to Cause Them and How to Make Them Worse by 'Curing' Them." - Hoppe - Part 4 http://www.youtube.com/watch?v=yiBPOWQEA_c&t=10m55s, Youtube, (3 May 2011)

“Essentially, economic analysis consists of: (1) an understanding of the categories of action and an understanding of the meaning of a change in values, costs, technological knowledge, etc.; (2) a description of a situation in which these categories assume concrete meaning, where definite people are identified as actors with definite objects specified as their means of action, with definite goals identified as values and definite things specified as costs; and (3) a deduction of the consequences that result from the performance of some specified action in this situation, or of the consequences that result for an actor if this situation is changed in a specified way. And this deduction must yield a priori-valid conclusions, provided there is no flaw in the very process of deduction and the situation and the change introduced into it being given, and a priori—valid conclusions about reality if the situation and situation—change, as described, can themselves be identified as real, because then their validity would ultimately go back to the indisputable validity of the categories of action.”

Hans-Hermann Hoppe book A Theory of Socialism and Capitalism

A Theory of Socialism and Capitalism: Economics, Politics, and Ethics (Kluwer: 1989): 118-19.
A Theory of Socialism and Capitalism (1989)

“In every society, a few individuals acquire the status of an elite through talent. Due to superior achievements of wealth, wisdom, and bravery, these individuals come to possess natural authority, and their opinions and judgments enjoy wide-spread respect. Moreover, because of selective mating, marriage, and the laws of civil and genetic inheritance, positions of natural authority are likely to be passed on within a few noble families. It is to the heads of these families with long-established records of superior achievement, farsightedness, and exemplary personal conduct that men turn to with their conflicts and complaints against each other. These leaders of the natural elite act as judges and peacemakers, often free of charge out of a sense of duty expected of a person of authority or out of concern for civil justice as a privately produced "public good."”

Hans-Hermann Hoppe (1949) Austrian school economist and libertarian anarcho-capitalist philosopher

Natural Elites, Intellectuals, and the State http://www.mises.org/etexts/intellectuals.asp (21 July 2006)

“History is ultimately determined by ideas, and ideas can, at least in principle, change almost instantly. But in order for ideas to change it is not sufficient for people to see that something is wrong. At least a significant number must also be intelligent enough to recognize what it is that is wrong. That is, they must understand the basic principles upon which society — human cooperation — rests … And they must have sufficient will power to act according to this insight.”

Hans-Hermann Hoppe (1949) Austrian school economist and libertarian anarcho-capitalist philosopher

"The Rise and Fall of the City" (23 November 2005) at the Ludwig von Mises Institute http://www.mises.org/story/1959

“As for the moral status of majority rule, it must be pointed out that it allows for A and B to band together to rip off C, C and A in turn joining to rip off B, and then B and C conspiring against A, and so on.”

Hans-Hermann Hoppe book Democracy: The God That Failed

Democracy - The God That Failed: The Economics and Politics of Monarchy, Democracy, and Natural Order (Transaction: 2001): 104.
Democracy: The God That Failed (2001)

“We must promote the idea of secession. Or more specifically, we must promote the idea of a world composed of tens of thousands of distinct districts, regions, and cantons, and hundred of thousands of independent free cities such as the present day oddities of Monaco, Andorra, San Marino, Liechtenstein, Hong Kong, and Singapore. Greatly increased opportunities for economically motivated migration would thus result, and the world would be one of small [classically] liberal governments economically integrated through free trade and an international commodity money such as gold.”

Hans-Hermann Hoppe (1949) Austrian school economist and libertarian anarcho-capitalist philosopher

Interview at quebecoislibre.org (7 December 2002) http://www.quebecoislibre.org/021207-8.htm.

“[The] property right in one's own body must be said to be justified a priori, for anyone who would try to justify any norm whatsoever would already have to presuppose the exclusive right to control over his body as a valid norm simply in order to say "I propose such in such."”

Hans-Hermann Hoppe book The Economics and Ethics of Private Property

The Economics and Ethics of Private Property (2nd edition, Ludwig von Mises Institute: 2006): 335.
The Economics and Ethics of Private Property (1993)

“Private property capitalism and egalitarian multiculturalism are as unlikely a combination as socialism and cultural conservatism. And in trying to combine what cannot be combined, much of the modern libertarian movement actually contributed to the further erosion of private property rights (just as much of contemporary conservatism contributed to the erosion of families and traditional morals). What the countercultural libertarians failed to recognize, and what true libertarians cannot emphasize enough, is that the restoration of private property rights and laissez-faire economics implies a sharp and drastic increase in social “discrimination” and will swiftly eliminate most if not all of the multicultural-egalitarian life style experiments so close to the heart of left libertarians. In other words, libertarians must be radical and uncompromising conservatives.”

Hans-Hermann Hoppe book Democracy: The God That Failed

Source: Democracy: The God That Failed (2001), P.207-08

“Predictably, under democratic conditions the tendency of every monopoly - to increase prices and decrease quality - will be only more pronounced. Instead of a prince who regards the country as his private property, a temporary caretaker is put in charge of the country. He does not own the country, but as long as he is in office he is permitted to use it to his and his proteges’ advantage. He owns its current use - usufruct - but not its capital stock. This will not eliminate exploitation. To the contrary, it will make exploitation less calculating and carried out with little or no regard to the capital stock, i. e., short-sighted. Moreover, the perversion of justice will proceed even faster now. Instead of protecting pre-existing private property rights, democratic government becomes a machine for the redistribution of existing property rights in the name of illusory `social security.”

Hans-Hermann Hoppe (1949) Austrian school economist and libertarian anarcho-capitalist philosopher

"The Future of Liberalism - A Plea For A New Radicalism" http://www.hanshoppe.com/publications/hoppe-plea.pdf

“According to the pronouncements of our state rulers and their intellectual bodyguards (of whom there are more than ever before), we are better protected and more secure than ever. We are supposedly protected from global warming and cooling, from the extinction of animals and plants, from the abuses of husbands and wives, parents and employers, from poverty, disease, disaster, ignorance, prejudice, racism, sexism, homophobia, and countless other public enemies and dangers. In fact, however, matters are strikingly different. In order to provide us with all this protection, the state managers expropriate more than 40 percent of the incomes of private producers year in and year out. Government debt and liabilities have increased without interruption, thus increasing the need for future expropriations. Owing to the substitution of government paper money for gold, financial insecurity has increased sharply, and we are continually robbed through currency depreciation. Every detail of private life, property, trade, and contract is regulated by ever higher mountains of laws legislation), thereby creating permanent legal uncertainty and moral hazard. In particular, we have been gradually stripped of the right to exclusion implied in the very concept of private property. … In short, the more the state has increased its expenditures on social security and public safety, the more our private property rights have been eroded, the more our property has been expropriated, confiscated, destroyed, or depreciated, and the more we have been deprived of the very foundation of all protection: economic independence, financial strength, and personal wealth.”

Hans-Hermann Hoppe (1949) Austrian school economist and libertarian anarcho-capitalist philosopher

"The Private Production of Defense" http://www.mises.org/journals/scholar/Hoppe.pdf (15 June 1999)

“Egalitarianism, in every form and shape, is incompatible with the idea of private property. Private property implies exclusivity, inequality, and difference. And cultural relativism is incompatible with the fundamental----indeed foundational----fact of families and intergenerational kinship relations. Families and kinship relations imply cultural absolutism.”

Hans-Hermann Hoppe book Democracy: The God That Failed

Source: Democracy: The God That Failed (2001), P.217

“A member of the human race who is completely incapable of understanding the higher productivity of labor performed under a division of labor based on private property is not properly speaking a person… but falls instead into the same moral category as an animal – of either the harmless sort (to be domesticated and employed as a producer or consumer good, or to be enjoyed as a “free good”) or the wild and dangerous one (to be fought as a pest). On the other hand, there are members of the human species who are capable of understanding the [value of the division of labor] but…who knowingly act wrongly… [B]esides having to be tamed or even physically defeated [they] must also be punished… to make them understand the nature of their wrongdoings and hopefully teach them a lesson for the future.”

Hans-Hermann Hoppe book Democracy: The God That Failed

Source: Democracy: The God That Failed (2001), P.173

“Democracy has nothing to do with freedom. Democracy is a soft variant of communism, and rarely in the history of ideas has it been taken for anything else.”

Hans-Hermann Hoppe (1949) Austrian school economist and libertarian anarcho-capitalist philosopher

"Reflections on State and War" (2 December 2006) http://www.lewrockwell.com/hoppe/hoppe17.html

“Money is a commodity … not a useless token only good for exchanging; … It differs from other commodities in being demanded mainly as a medium of exchange.”

Murray N. Rothbard book What Has Government Done to Our Money?

What Has Government Done to Our Money? (1980)

“Money … is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.”

Murray N. Rothbard book What Has Government Done to Our Money?

What Has Government Done to Our Money? (1980)

“A parent does not have the right to aggress against his children, but also that the parent should not have a legal obligation to feed, clothe, or educate his children, since such obligations would entail positive acts coerced upon the parent and depriving the parent of his rights. The parent therefore may not murder or mutilate his child, and the law properly outlaws a parent from doing so. But the parent should have the legal right not to feed the child, i. e., to allow it to die. The law, therefore, may not properly compel the parent to feed a child or to keep it alive. (Again, whether or not a parent has a moral rather than a legally enforceable obligation to keep his child alive is a completely separate question.) This rule allows us to solve such vexing questions as: should a parent have the right to allow a deformed baby to die (e. g., by not feeding it)? The answer is of course yes, following a fortiori from the larger right to allow any baby, whether deformed or not, to die.”

Murray N. Rothbard book The Ethics of Liberty

Though, as we shall see below, in a libertarian society the existence of a free baby market will bring such "neglect" down to a minimum.
Children and rights, p. 100
The Ethics of Liberty (1982)

“The fundamental political question is why do people obey a government. The answer is that they tend to enslave themselves, to let themselves be governed by tyrants. Freedom from servitude comes not from violent action, but from the refusal to serve. Tyrants fall when the people withdraw their support.”

Murray N. Rothbard (1926–1995) American economist of the Austrian School, libertarian political theorist, and historian

Introduction to Étienne de La Boétie's Politics of Obedience: The Discourse of Voluntary Servitude (1975), p. 39 http://books.google.com/books?id=6o-8P3iqf7IC&pg=PA39

“It is the state that is robbing all classes, rich and poor, black and white alike; it is the state that is ripping us all off; it is the state that is the common enemy of mankind.”

Murray N. Rothbard (1926–1995) American economist of the Austrian School, libertarian political theorist, and historian

Murray Rothbard, “The Noblest Cause of All,” Address to the Libertarian Party Convention (1977), Lewrockwell.com https://www.lewrockwell.com/1970/01/murray-n-rothbard/the-noblest-cause-of-all/

“If ‘we are the government,’ then anything a government does to an individual is not only just and untyrannical; it is also ‘voluntary’ on the part of the individual concerned… if the government conscripts a man, or throws him into jail for dissident opinion, then he is ‘doing it to himself’ and therefore nothing untoward has occurred. Under this reasoning, any Jews murdered by the Nazi government were not murdered, instead, they must have ‘committed suicide,’ since they were the government (which was democratically chosen), and therefore anything the government did to them was voluntary on their part… the overwhelming bulk of the people hold this fallacy to a greater or less degree.”

Murray N. Rothbard (1926–1995) American economist of the Austrian School, libertarian political theorist, and historian

As quoted in “The Anatomy of the State”, Rampart Journal, Vol. 1, No. 2 (summer 1965), reprinted in the Libertarian Alternative, Tibor R. Machan, ed., Chicago: IL, Nelson-Hall (1977) p. 69-70

“Freedom can run a monetary system as superbly as it runs the rest of the economy. Contrary to many writers, there is nothing special about money that requires extensive governmental dictation.”

Murray N. Rothbard book What Has Government Done to Our Money?

What Has Government Done to Our Money? (1980)

Recommended quotes page 28

Recommended quotes
page 28