The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.
LUDWIG VON MISESGovernment is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
More Ludwig von Mises Quotes
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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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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
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The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
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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!
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The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
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He who is unfit to serve his fellow citizens wants to rule them.
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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.
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The worst evils which mankind ever had to endure were inflicted by governments.
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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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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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Depression is the aftermath of credit expansion.
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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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The fundamental law of the market is: the customer is always right.
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The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
LUDWIG VON MISES






