The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
LUDWIG VON MISESThey 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.
More Ludwig von Mises Quotes
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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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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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What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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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.
LUDWIG VON MISES -
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
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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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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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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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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 philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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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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The issue is always the same: the government or the market. There is no third solution.
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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.
LUDWIG VON MISES