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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.

Ludwig von Mises

Related Topics

Call Consequences Government Intervention Marketplace Unintended

Bagwalas

Popular Authors

Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
LUDWIG VON MISES

Apply Government Ink Institution Paper Take Valuable Worthless
The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
LUDWIG VON MISES

Class Freely Philosophy Progressive Tap Taxation Wealth
The final outcome of the credit expansion is general impoverishment.
LUDWIG VON MISES

Credit Expansion Final General Impoverishment Outcome
The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
LUDWIG VON MISES

Addict Alcoholic Behavior Drug Gobverming Life Man Morality Person Rule
Depression is the aftermath of credit expansion.
LUDWIG VON MISES

Aftermath Credit Depression Expansion
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
LUDWIG VON MISES

Despotism Freedom Oligarch Opinion Public Resistance Struggle Ultimately
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

Approach Distinteretedness Economic Entrepreneur Interventionist Liberty Matter People Scientific Study
All they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.
LUDWIG VON MISES

Adversaries Average Call Name Stratagem Suspicion Unfortunately
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

Difficult Enter Freedom Indivisible One Restrict Soon Start Stop
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
LUDWIG VON MISES

Economic First Intellectual Problem Prosperity Spiritual
There is no means by which anyone can evade his personal responsibility.
LUDWIG VON MISES

Anyone Evade Mean Personal Responsibility
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.
LUDWIG VON MISES

Accelerate Accumulate Against Available Capital Condition Government Growth Improve Mankind Material Mean Party
Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen.
LUDWIG VON MISES

Ability Appointed Elite Example Neglect Problem Self Supermen Surrender
The state can be and has often been in the course of history the main source of mischief and disaster.
LUDWIG VON MISES

Course Disaster Liberty Mischief Often Peace Source State War
He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES

Citizen Fellow Rule Them Until Want
What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
LUDWIG VON MISES

Liberation Mankind Ned Ninsensical Reason Return Rule Slogan Sound Today

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