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"The jurist is totally unacquainted with the problem of the value of money; he knows nothing of fluctuations in its exchange-value. The naive popular belief in the stability of the value of money has been admitted, with all its obscurity, into the law, and no great historical cause of large and sudden variations in the value of money has ever provided."
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"The Law of Cause and Effect is as active in your life as the Law of Gravity. It teaches us that for every action there is a reaction."
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Personal Development
"The universal law is very simple, but we look at it in a complex way."
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Personal Development
"Kingdom laws are inherent to the native of mankind."
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Personal Development
"Mankind needs new law to embrace new science."
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Personal Development
"Law is made by the winner to preserve victory over the loser."
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Personal Development
"It is unreasonable to expect a known corrupt law enforcement department to uphold your legal rights."
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Personal Development
"The epoch of Customary Law, and of its custody by a privileged order, is a very remarkable one."
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Personal Development
"Necessity has no law."
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Personal Development
"I believe that presidents up through and including George Bush have known that Americans were left alive and in violation of law, these high officials and certain of their appointed subordinates have continued and perpetrated a cover up of this reality."
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Personal Development
"The fact is that Americans were sent to Russia that have not been returned."
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"Whoever wishes peace among peoples must fight statism."
Peace
"Society has arisen out of the works of peace; the essence of society is peacemaking."
Society
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
Economics
"If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers."
Economics
"A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation."
Economics
"That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really embrace all the policies that aim at an increase in the value of money. The aim of restrictionism may also be attained by not increasing the quantity of money when the demand for it increases, or by not increasing it enough. This method has quite often been adopted as a way of increasing the value of money in face of the problems of a depreciated credit-money standard."
Economics
"Neither has the wealth of a country any bearing on the valuation of its money. Nothing is more erroneous than the widespread habit of regarding the monetary standard as something in the nature of the shares of the State or the community.Such observers fail to recognize that the valuation of the rnonetary unit does not depend upon the wealth of the country, but upon the ratio between the quantity of money and the demand for it, so that even the richest country may have a bad currency and the poorest country a good one."
Economics
"Praxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental, and individual circumstances of the concrete acts. Its cognition is purely formal and general without reference to the material content and the particular features of the actual case. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions and inferences. Its statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts."
Philosophy
"The philosophy of protectionism is a philosophy of war."
War
"Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulatesriches."
Economics
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