Saturday, October 06, 2012

Economics goes back to the Fall in Eden

"The idea of marching out with gun and missile to end starvation in the world, carrying machine-gun in one hand and CARE package in the other, is perhaps the most repellent vision of foreign policy ever concocted.  The United States and the Western world in general have not escaped mass starvation out of sheer good luck or by 'exploiting' the impoverished Third World.  On the contrary: the natural lot of mankind, at least since our expulsion from Eden, is mass starvation - starvation that can only be overcome by steady hard work, by productive capital investment, and by creating the conditions and social institutions guaranteeing private property free of depredation.  In that way, people will be able to keep and exchange the fruits of their hard-won labor."

~ Murray N. Rothbard, "The December Surprise", February 1993, republished in The Irrepressible Rothbard, p. 280.  Note: this book is available in PDF format free of charge here.

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