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.
LUDWIG VON MISESThe philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
More Ludwig von Mises Quotes
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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 causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
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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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What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.
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A free press can only exist where there is private control over the means of production
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Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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Freedom really means the freedom to make mistakes.
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A higher standard of living also brings about a higher standard of culture and civilization.
LUDWIG VON MISES