The criterion of truth is that it works even if nobody is prepared to acknowledge it.
LUDWIG VON MISESEvery government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
More Ludwig von Mises Quotes
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[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
LUDWIG VON MISES -
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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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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If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
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If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
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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.
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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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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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He who is unfit to serve his fellow citizens wants to rule them.
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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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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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The fundamental law of the market is: the customer is always right.
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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
LUDWIG VON MISES