It is important to remember that government interference always means either violent action or the threat of such action.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
More Ludwig von Mises Quotes
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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
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They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent.
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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 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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A higher standard of living also brings about a higher standard of culture and civilization.
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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
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Historical knowledge is indispensable for those who want to build a better world
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
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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.
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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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There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.
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The real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISES