The worst evils which mankind has ever had to endure were inflicted by bad governments.
LUDWIG VON MISESThe alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
More Ludwig von Mises Quotes
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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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The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value.
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This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
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The state can be and has often been in the course of history the main source of mischief and disaster.
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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 greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISES -
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.
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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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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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Every socialist is a disguised dictator.
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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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A free press can only exist where there is private control over the means of production
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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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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