The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
Ludwig von MisesHistory does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.
Ludwig von MisesHow pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
Ludwig von MisesHe who accepts life for what it is and never allows himself to be overwhelmed by it does not need to seek refuge for his crushed self-confidence in the solace of a 'saving lie'. If the longed-for success is not forthcoming, if the vicissitudes of fate destroy in the twinkling of an eye what had to be painstakingly built up by years of hard work, then he simply multiplies his exertions. He can look disaster in the eye without despairing.
Ludwig von Mises