War is a racket.

Sabrin Murray 2.26.18 04

I am pleased to announce that I will be team teaching The Economics of Healthcare and Wellness—Focus on Transformative Solutions beginning on January 24th. 

You can register by scrolling down to view the syllabus and course fee.  The course is sponsored by IPAK-EDU, an online education organization with dozens of courses taught by experts in various scientific and other fields.  Use coupon code JACKSAYS75 to get 25% off.

Murray’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Several weeks ago, I was invited to speak at the Martin Luther King, Jr. event at our independent living campus.  I met with the organizers and stated I would like to present King’s antiwar legacy, which has been virtually forgotten by celebrants who gathered around the country last Monday to honor the civil rights leader. 

I prepared my remarks by reading and rereading his April 4, 1967 speech, which he delivered at Riverside Church in Manhattan.  There was more than 3,000 in attendance.  His speech, “Beyond Vietnam:  A Time to Break Silence,” was criticized by several establishment media outlets such as the New York Times, because King conflated the Vietnam War with the plight of black Americans. 

As I was reading the text of his speech, I realized many of King’s remarks were familiar critiques of war and overseas interventions I had read over the past several decades.  When I came across insightful statements about the horrors of war, I would add them to my laptop’s quotations file. 

Below are the quotes from my file I shared with the 40 or so attendees and then elaborated them in my remarks, including why I was the antiwar candidate when I ran for the US Senate in New Jersey. 

I concluded my presentation with the assertion that King’s antiwar position is more important than his civil rights legacy.  In fact, without a peaceful foreign policy, the economy is harmed, our civil liberties are threatened, and the national debt explodes. 

“Wherever the standard of freedom and independence has been or shall be unfurled, there will be [America’s] heart, her benedictions and her prayers be. But she goes not abroad, in search of monsters to destroy.  She is the well-wisher to the freedom and independence of all.  She is the champion and vindicator only of her own.”  John Quincy Adams

While I trust that liberty and free institutions, as we have experienced them, may ultimately spread over the globe, I am by no means sure that all people are fit for them; nor am I desirous of imposing or forcing our peculiar form upon any other nation that does not wish to embrace them.   Daniel Webster

“I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.” General Smedley Butler, twice awarded the Congressional Medal of Honor and author of War is a Racket

There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket. General Smedley Butler

Ludwig von Mises: “Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.”

“Even if it were desirable, America is not strong enough to police the world by military force. If  Our Christian ideals cannot be exported to other lands by dollars and guns.”  Howard Buffett

What difference does it make to the dead, the orphans and the homeless,  whether the mad destruction is wrought under the name of totalitarianism or the holy name of liberty or democracy?  Mahatma Gandhi  

Every gun that is made, every warship launched, every rocket fired, signifies in the final sense a theft from those who hunger and are not fed, those who are cold and are not clothed.   Dwight D. Eisenhower

Can anything be stupider than that a man has the right to kill me because he lives on the other side of a river and his ruler has a quarrel with mine, though I have not quarreled with him? Blaise Pascal


“There is a right way and a wrong way, always choose the right way.”  Abraham Sabrin (1914-2001) “Prediction is very difficult, especially if it’s about the future!”  Niels Bohr

Every Wednesday at 11:05am talk show host Gary Nolan and I discuss the economy and politics.  The Fort Myers Mises Circle presentations are available online

Latest podcast on healthcare with host Johnathan Westover; Incentivizing wellness podcast with Bernadette Pajer; the Human Action podcast with Bob Murphy on my American journey; Joseph Cotto and I discuss Argentina and the US, and the Human podcast with Bob Murphy on healthcare; Robert Scott Bell and I discuss healthcare on the second hour of his podcast.


Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His new book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle.  Sabrin’s autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022.

Murray’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.



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