The Government Against the Economy Quotes

“Rising prices as a chronic social problem are a consequence of governments overthrowing the use of gold and silver as money and putting in their place unbacked paper currencies and checking deposits whose quantity can be increased without limit and virtually without cost.”
― George Reisman, The Government Against the Economy

“Professor Reisman shows that given the nature of the cause of rising prices, the imposition of price controls to deal with the problem is as illogical a solution as trying to hold down expanding pressure in a boiler by manipulating the needle in the boiler’s pressure gauge—and is just as dangerous. Price controls, he argues, do not solve the problem of inflation at all. They merely combine with it to produce a much worse problem. Instead of the problem being inflation alone, it becomes inflation plus the destruction of the price system.”
― George Reisman, The Government Against the Economy

“Miss Rand’s philosophy of Objectivism has had a very major influence on my approach to capitalism and economic theory.”
― George Reisman, The Government Against the Economy