Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
LUDWIG VON MISESThe worst evils which mankind has ever had to endure were inflicted by bad governments.
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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The worst evils which mankind ever had to endure were inflicted by governments.
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[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
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The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
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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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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
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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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The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
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A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. 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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Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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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 market is a democracy in which every penny gives a right to vote.
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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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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
LUDWIG VON MISES