Murray Rothbard Quote on Wealth and Taxation

„Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs.“

Murray RothbardMurray Rothbard on wealth, thrift, entrepreneurship, and the possible consequences of heavily taxing the rich.
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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 defends thrift, entrepreneurship, and investment here while warning of the possible consequences of heavily taxing the wealthy.


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Murray Rothbard quote about wealth, taxation, thrift, and investment

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.

Quote by Ludwig von Mises about how demagogues gain popularity by calling for high taxes on the richCopyright © yoice.net – Quote Artwork
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"Nothing can make a demagogue more popular today than when he repeatedly calls for sharp taxes against the rich [...] Wealth levies and high income taxes on the larger incomes are quite extraordinarily popular with the masses who do not have to pay them." Ludwig von Mises
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Walter Lippmann quote about income distribution and economic efficiencyCopyright © yoice.net – Quote Artwork
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"A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function." Walter Lippmann
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Quote by Ayn Rand on money, morality, and society's demise from Atlas ShruggedCopyright © yoice.net – Quote Artwork
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"Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion—when you see that in order to produce, you need to obtain permission from men who produce nothing—when you see that money is flowing to those who deal, not in goods, but in favors—when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you—when you see corruption being rewarded and honesty becoming a self-sacrifice—you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. “Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: ‘Account overdrawn.’ “When you have made evil the means of survival, do not expect men to remain good. Do not expect them to stay moral and lose their lives for the purpose of becoming the fodder of the immoral. Do not expect them to produce, when production is punished and looting rewarded. Do not ask, ‘Who is destroying the world?’ You are." Ayn Rand
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Thomas Sowell quote about the political left, materialism, and earned incomeCopyright © yoice.net – Quote Artwork
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"The vocabulary of the political left is fascinating. For example, it is considered to be 'materialistic' and 'greedy' to want to keep what you have earned. But it is 'idealistic' to want to take away what someone else has earned and spend it for your own political benefit or to feel good about yourself." Thomas Sowell
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Quote by Ayn Rand about society’s virtue, corruption, and moral declineCopyright © yoice.net – Quote Artwork
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"Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion- When you see that in order to produce, you need to obtain permission from men who produce nothing- when you see that money is flowing to those who deal, not in goods, but in favors- when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you- when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed." Ayn Rand
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