Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties. — Ludwig von Mises Copy Share Image
Government means always coercion and compulsion and is by necessity the opposite of liberty. — Ludwig von Mises Copy Share Image
The truth is that the government cannot give if it does not take from somebody...It is not in the power of the… — Ludwig von Mises Copy Share Image
It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking… — Ludwig von Mises Copy Share Image
Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink. — Ludwig von Mises Copy Share Image
“If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about… — Ludwig von Mises Copy Share Image
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy. — Ludwig von Mises Copy Share Image
The interventionist policy (big government) provides thousands and thousands of people with safe, placid, and not too strenuous jobs at the expense… — Ludwig von Mises Copy Share Image
The characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties were eager… — Ludwig von Mises Copy Share Image
As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in… — Ludwig von Mises Copy Share Image
Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full… — Ludwig von Mises Copy Share Image
Governments, political parties, pressure groups, and the bureaucrats of the educational hierarchy think they can avoid the inevitable consequences of unsuitable measures… — Ludwig von Mises Copy Share Image
Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands… — Ludwig von Mises Copy Share Image
Every man aims at avoiding what causes him pain; the activities of government ultimately consist in the infliction of pain. All great… — Ludwig von Mises Copy Share Image
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised… — Ludwig von Mises Copy Share Image
There is, in fact, only one solution: the state, the government, the laws must not in any way concern themselves with schooling… — Ludwig von Mises Copy Share Image
There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against… — Ludwig von Mises Copy Share Image
The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion,… — Ludwig von Mises Copy Share Image
Notwithstanding all the passionate fulminations of the spokesmen of governments, the inevitable consequences of inflationism and expansionism...are coming to pass. And then,… — Ludwig von Mises Copy Share Image
It is important to remember that government interference always means either violent action or the threat of such action. Government is in… — Ludwig von Mises Copy Share Image
Welfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to… — Ludwig von Mises Copy Share Image
It is important to remember that government interference always means either violent action or the threat of such action. The funds that… — Ludwig von Mises Copy Share Image
It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to… — Ludwig von Mises Copy Share Image
The characteristic feature of militarism is not the fact that a nation has a powerful army or navy. It is the paramount… — Ludwig von Mises Copy Share Image
The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. — Ludwig von Mises Copy Share Image
The capitalist system, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living… — Ludwig von Mises Copy Share Image
If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government. — Ludwig von Mises Copy Share Image
Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions. — Ludwig von Mises Copy Share Image
Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender… — Ludwig von Mises Copy Share Image
“Socialism is an alternative to capitalism as potassium cyanide is an alternative to water.” — Ludwig von Mises Copy Share Image
Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of… — Ludwig von Mises Copy Share Image
A new type of superstition has got hold of people's minds, the worship of the state. People demand the exercise of the… — Ludwig von Mises Copy Share Image
True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the… — Ludwig von Mises Copy Share Image
In the long run even the most despotic governments with all their brutality and cruelty are no match for ideas. Eventually the… — Ludwig von Mises Copy Share Image
There is simply no other choice than this: either to abstain from interference in the free play of the market, or to… — Ludwig von Mises Copy Share Image
On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the… — Ludwig von Mises Copy Share Image
The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are… — Ludwig von Mises Copy Share Image
Government spending cannot create additional jobs. If the government provides the funds required (think stimulus) by taxing the citizens or by borrowing… — Ludwig von Mises Copy Share Image
Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the… — Ludwig von Mises Copy Share Image
If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or… — Ludwig von Mises Copy Share Image
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other… — Ludwig von Mises Copy Share
Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest… — Ludwig von Mises Copy Share
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share
“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims… — Ludwig von Mises Copy Share
Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages… — Ludwig von Mises Copy Share
The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent… — Ludwig von Mises Copy Share
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense… — Ludwig von Mises Copy Share
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share
What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at… — Ludwig von Mises Copy Share
In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold… — Ludwig von Mises Copy Share
All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave… — Ludwig von Mises Copy Share
The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social… — Ludwig von Mises Copy Share
Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life;… — Ludwig von Mises Copy Share
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and… — Ludwig von Mises Copy Share