The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
LUDWIG VON MISESThe interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are.
More Ludwig von Mises Quotes
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The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
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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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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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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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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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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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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.
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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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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
LUDWIG VON MISES