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 MISESThey do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
More Ludwig von Mises Quotes
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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Under capitalism everybody provides for their own needs by serving others.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
LUDWIG VON MISES -
There is no means of avoiding the final collapse of a boom brought about by credit expansion.
LUDWIG VON MISES -
Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
LUDWIG VON MISES -
The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
LUDWIG VON MISES -
Liberty is meaningless if it is only the liberty to agree with those in power.
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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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The final outcome of the credit expansion is general impoverishment.
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Under capitalism everybody is the architect of his own fortune.
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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 fundamental law of the market is: the customer is always right.
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Freedom really means the freedom to make mistakes.
LUDWIG VON MISES -
None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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The gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
LUDWIG VON MISES -
The main propoganda trick of supporters of the allegedly “progressive” policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas.
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There is no means by which anyone can evade his personal responsibility.
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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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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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He who is unfit to serve his fellow citizens wants to rule them.
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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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The worst evils which mankind ever had to endure were inflicted by governments.
LUDWIG VON MISES