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.
LUDWIG VON MISESThe worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
More Ludwig von Mises Quotes
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Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
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Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
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The gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
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The state can be and has often been in the course of history the main source of mischief and disaster.
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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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The real bosses, in the capitalist system of market economy, are the consumers.
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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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Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES