TheRealQuotes

"What is so terrible about transaction costs? On what basis are they considered the ultimate evil, so that their minimization must override all other considerations of choice, freedom, and justice?"

―

Transaction

From

Economist

Added on

About Murray Rothbard

Murray Rothbard was an American economist and political theorist associated with the Austrian School. He wrote extensively on economics, history, and libertarian political philosophy and was a leading modern advocate of anarcho-capitalism.

Born:

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View all quotes from Murray Rothbard

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