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 greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
More Ludwig von Mises Quotes
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The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
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Taxing profits is tantamount to taxing success.
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Freedom really means the freedom to make mistakes.
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For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the 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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The real bosses, in the capitalist system of market economy, are the consumers.
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A higher standard of living also brings about a higher standard of culture and civilization.
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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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What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.
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The fundamental law of the market is: the customer is always right.
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A free press can only exist where there is private control over the means of production
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Liberty is always freedom from the government.
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To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
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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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Unemployment doles can have no other effect than the perpetuation of unemployment.
LUDWIG VON MISES