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 .
LUDWIG VON MISESA higher standard of living also brings about a higher standard of culture and civilization.
More Ludwig von Mises Quotes
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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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Historical knowledge is indispensable for those who want to build a better world
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The riches of successful entrepreneurs is not the cause of anybody’s poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur’s efforts.
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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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The 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.
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Taxing profits is tantamount to taxing success.
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The market is a democracy in which every penny gives a right to vote.
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Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
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The worst evils which mankind ever had to endure were inflicted by governments.
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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
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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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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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The 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.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
LUDWIG VON MISES