Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
LUDWIG VON MISESTaxing profits is tantamount to taxing success.
More Ludwig von Mises Quotes
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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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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 worst evils which mankind ever had to endure were inflicted by governments.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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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.
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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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The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction.
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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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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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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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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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
LUDWIG VON MISES