The worst evils which mankind ever had to endure were inflicted by governments.
LUDWIG VON MISESAll they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.
More Ludwig von Mises Quotes
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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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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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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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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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Taxing profits is tantamount to taxing success.
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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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The issue is always the same: the government or the market. There is no third solution.
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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.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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In a battle between force and an idea, the latter always prevails.
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The fundamental law of the market is: the customer is always right.
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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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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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It is important to remember that government interference always means either violent action or the threat of such action.
LUDWIG VON MISES