Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
LUDWIG VON MISESGovernment cannot make man richer, but it can make him poorer.
More Ludwig von Mises Quotes
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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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.
LUDWIG VON MISES -
The main propoganda trick of supporters of the allegedly “progressive” policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas.
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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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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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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
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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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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.
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Liberty is always freedom from the government.
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Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
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This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
LUDWIG VON MISES