Why the state demands control of money

posted by
October 13, 2011
Ludwig von Mises Institute
by Hans-Hermann Hoppe  
Posted in Commentary

"Imagine you are in command of the state, defined as an institution that possesses a territorial monopoly of ultimate decision making in every case of conflict, including conflicts involving the state and its agents itself, and, by implication, the right to tax, i.e., to unilaterally determine the price that your subjects must pay you to perform the task of ultimate decision making. To act under these constraints -- or rather, lack of constraints -- is what constitutes politics and political action, and it should be clear from the outset that politics, then, by its very nature, always means mischief." (10/13/11)

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