Historical knowledge is indispensable for those who want to build a better world
LUDWIG VON MISESEconomics is not about things and tangible material objects; it is about men, their meanings and actions.
More Ludwig von Mises Quotes
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Taxing profits is tantamount to taxing success.
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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 worst evils which mankind ever had to endure were inflicted by governments.
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The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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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 issue is always the same: the government or the market. There is no third solution.
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The most serious dangers for American freedom and the American way of life do not come from without.
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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 real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
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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 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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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
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He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES