policy Economic Policy
Government strategies for managing economy
format_quote Quotes
View Full Quote"We tax speeders on the highways to get them to stop speeding. We tax cigarettes to get people to stop smoking. Why then do we tax people who earn income? Why do we tax people who employ other people? Why do we tax companies that make wonderful products at low cost and make lots of profits? Don't for a moment think that the same consequences don't befall taxes on income, employment, and profits as they do on speeders and on smokers."
"As against these popular fallacies there is need to emphasize the truism that a government can spend or invest only what it takes away from its citizens and that its additional spending and investment curtails the citizens' spending and investment to the full extent of its quantity."
menu_book Human Action: A Treatise on Economics
View Full Quote"Yes, the deficit is a grave problem, but the way to cut it is never to increase taxes (certainly not during a recession!) but instead to slash government expenditures."
menu_book Making Economic Sense
View Full Quote"No, the only sound cure for deficits is a simple but virtually unmentioned one: cut the federal budget."
menu_book Making Economic Sense
View Full QuoteView Full Quote"Socialist governments traditionally do make a financial mess. They always run out of other people's money."
auto_stories Books
Making Economic Sense
A collection of Rothbard's newspaper and journal columns from 1982 to 1995, applying Austrian economics to deficits, inflation, welfare, and the my...
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