The Welfare State is merely a method for transforming the market economy step by step into socialism.
LUDWIG VON MISESHe who is unfit to serve his fellow citizens wants to rule them.
More Ludwig von Mises Quotes
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
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He who is unfit to serve his fellow citizens wants to rule them.
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In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
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It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
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He who serves the public best, makes the highest profits.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
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If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
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The most serious dangers for American freedom and the American way of life do not come from without.
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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The state can be and has often been in the course of history the main source of mischief and disaster.
LUDWIG VON MISES