Democracy = Mob Rule By the Ignorant

by | Mar 5, 2021

It is no crime to be ignorant of economics, which is, aft er 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.

Murray N. Rothbard 
Egalitarianism as a Revolt Against Nature, p. 202

 

…Hayek had to fall back on the importance of blindly obeying whatever social rules happened to have “evolved,” and his only feeble argument against intervention was that the government was even more irrational, and was even more ignorant, than individuals in the market economy.

Murray N. Rothbard 

Making Economic Sense, p. 450

***Show notes: https://libertyweekly.net/voting-the-opiate-of-the-masses-ep-132


LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Voting_-the-Opiate-of-the-Masses-Ep.-132:5

Minds: https://www.minds.com/newsfeed/1171718308724895744?referrer=KeithKnightDontTreadOnAnyone

BitChute: https://www.bitchute.com/video/yuDsSLFQ7abs/

Archive: https://archive.org/details/democracy-rule-by-the-ignorant-liberty-weekly

Keith Knight

Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute, host of the Don't Tread on Anyone podcast and editor of The Voluntaryist Handbook: A Collection of Essays, Excerpts, and Quotes.

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