They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
LUDWIG VON MISESUnder capitalism everybody provides for their own needs by serving others.
More Ludwig von Mises Quotes
-
-
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
LUDWIG VON MISES -
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
LUDWIG VON MISES -
The worst evils which mankind ever had to endure were inflicted by governments.
LUDWIG VON MISES -
The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are.
LUDWIG VON MISES -
German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
LUDWIG VON MISES -
It is important to remember that government interference always means either violent action or the threat of such action.
LUDWIG VON MISES -
The Welfare State is merely a method for transforming the market economy step by step into socialism.
LUDWIG VON MISES -
Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
LUDWIG VON MISES -
Under capitalism everybody is the architect of his own fortune.
LUDWIG VON MISES -
Depression is the aftermath of credit expansion.
LUDWIG VON MISES -
Liberty is meaningless if it is only the liberty to agree with those in power.
LUDWIG VON MISES -
Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
LUDWIG VON MISES -
The most serious dangers for American freedom and the American way of life do not come from without.
LUDWIG VON MISES -
The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
LUDWIG VON MISES -
The state can be and has often been in the course of history the main source of mischief and disaster.
LUDWIG VON MISES