Taxing profits is tantamount to taxing success.
LUDWIG VON MISESIt is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
More Ludwig von Mises Quotes
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A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
LUDWIG VON MISES -
Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
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Depression is the aftermath of credit expansion.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
LUDWIG VON MISES -
He who serves the public best, makes the highest profits.
LUDWIG VON MISES -
The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
LUDWIG VON MISES -
The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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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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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
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The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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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.
LUDWIG VON MISES