Liberty Forged

the State has no money of its own, so it has no power of its own. ` Nock

Mises on the Worst…and the Best!

Posted by Jesse on January 7, 2009

(1919) Nation, State, and Economy

“War prosperity is like the prosperity that an earthquake or a plague brings.

(1912) The Theory of Money and Credit, p. 454.

“It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of rights.”

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