Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
LUDWIG VON MISESThe greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
More Ludwig von Mises Quotes
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A new type of superstition has got hold of people’s minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
LUDWIG VON MISES -
The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
LUDWIG VON MISES -
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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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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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.
LUDWIG VON MISES -
The state can be and has often been in the course of history the main source of mischief and disaster.
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It is important to remember that government interference always means either violent action or the threat of such action.
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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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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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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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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.
LUDWIG VON MISES -
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 whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
LUDWIG VON MISES