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Government Subsidies and Inefficiency – Quote by Murray Rothbard

„Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.“

Murray RothbardMurray Rothbard critiques how government subsidies can economically distort production, coercion, and predation.
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Murray Rothbard was an American economist, historian, and political philosopher known for his contributions to libertarian theory and anarcho-capitalism.

Rothbard critiques government subsidies and their potential distortions of production, coercion, and predation.


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Murray Rothbard quote about government subsidies, production inefficiency, and coercion

Murray Newton Rothbard (1926–1995) was an American economist, historian, and political philosopher considered one of the leading figures in anarcho-capitalism and the libertarian movement. He was a prominent critic of government intervention in economy and society and authored numerous influential works on free market economics, monetary theory, and political philosophy.

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"Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market; governments, rather than producing and selling services, live parasitically off the market and off society." Murray Rothbard
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