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Quote by James Madison

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James Madison
James Madison

James Madison, the 4th President of the United States, was born on March 16, 1751, and died on June 28, 1836. He was a key figure in drafting the U.S. Constitution and had a profound impact on the political system of the United States. more

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“As soon as we surrender the principle that the state should not interfere in any questions touching on the individuals mode of life, we end by regulating and restricting the latter down to the smallest details.”

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Book:The free and prosperous commonwealth: an exposition of the ideas of classical liberalism
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“The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.”

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Author:Ludwig von Mises
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