“It is illogical to say, as many etatists do, that liberalism is hostile to or hates the state, because it is opposed… — 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
Depressions and mass unemployment are not caused by the free market but by government interference in the economy. — Ludwig von Mises Copy Share Image
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of… — 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
Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which… — Ludwig von Mises Copy Share Image
It is completely in accord with the etatist thinking prevalent everywhere today to consider a theory to be finally disposed of merely… — 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
Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions. — Ludwig von Mises Copy Share Image
Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which… — 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
Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand… — 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
The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of… — 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
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
Only the naive inflationist's could believe that government could enrich mankind through fiat money. — 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
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
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
How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department! — 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
As the liberal sees it, the task of the state consists solely and exclusively in guaranteeing the protection of life, health, liberty,… — 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
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 Image
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 Image
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share Image
“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 Image
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 Image
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 Image
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 Image
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share Image
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 Image
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 Image
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 Image