Economics has revealed a great truth about the natural law of human interaction: that not only is production essential to man’s
prosperity and survival, but so also is exchange….
If anyone wishes to grasp how much we owe to the processes of exchange, let him consider what would happen in the modern world if every man were suddenly prohibited from exchanging anything with anyone else. Each person would be forced to produce all of his own goods and services himself. Th e utter chaos, the total starvation of the great bulk of the human race, and the reversion to primitive subsistence by the remaining handful of people, can readily be imagined.
Murray N. Rothbard, Ph.D.
Ethics of Liberty, p. 35
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