Murray Rothbard on Economics and Ignorance

„It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.“

Murray RothbardMurray Rothbard on the responsibility to base economic opinions on knowledge rather than ignorance.
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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 emphasizes the responsibility to base economic opinions on knowledge rather than ignorance.


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Murray Rothbard quote about economic ignorance and responsibility

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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