The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISESThe Welfare State is merely a method for transforming the market economy step by step into socialism.
More Ludwig von Mises Quotes
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Government cannot make man richer, but it can make him poorer.
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It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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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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It is important to remember that government interference always means either violent action or the threat of such action.
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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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
LUDWIG VON MISES -
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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He who is unfit to serve his fellow citizens wants to rule them.
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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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State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
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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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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
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The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
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Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
LUDWIG VON MISES