Murray Rothbard Quotes:
Ocupation: Economist
Life: March 2, 1926 - January 7, 1995
Birthday: March 2
Death: January 7
The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.
source: Murray N. Rothbard (2011). “Economic Controversies”, p.422, Ludwig von Mises Institute
topic: Mean, Desire, Needs, Wants And Needs, Public Sector
