Saturday, March 03, 2012

Murray Rothbard’s 86th Birthday

Murray Rothbard, the late dean of the Austrian School of Economics, had his 86th birthday yesterday. [hat tip Bob Wenzel]

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My favorite quote from Professor Rothbard,

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a "dismal science." But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.

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