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Quote by Albert J. Nock

“Another strange notion pervading whole peoples is that the State has money of its own; and nowhere is this absurdity more firmly fixed than in America. The State has no money. It produces nothing. It existence is purely parasitic, maintained by taxation; that is to say, by forced levies on the production of others. 'Government money,' of which one hears so much nowadays, does not exist; there is no such thing.”

Quote by Albert J. Nock

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Albert J. Nock
Albert J. Nock

Albert J. Nock was an American author known for his contributions to political philosophy and economics. Born on October 13, 1870, in Scranton, Pennsylvania, he passed away on August 19, 1945. Nock's writing frequently criticized the welfare state and emphasized the importance of individual liberty and self-reliance. more

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Author:Albert J. Nock
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