Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
LUDWIG VON MISESThere is no means by which anyone can evade his personal responsibility.
More Ludwig von Mises Quotes
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A new type of superstition has got hold of people’s minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
LUDWIG VON MISES -
For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.
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They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent.
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The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
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The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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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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There is no means by which anyone can evade his personal responsibility.
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It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
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Liberty is always freedom from the government.
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Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
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As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
LUDWIG VON MISES