The tow pillars of democratic government are the primacy of the law and the budget.
Ludwig von MisesBig business depends entirely on the patronage of those who buy its products: the biggest enterprises loses its power and its influence when it loses its customers.
Ludwig von MisesLibrary of the Works of Ludwig von Misesโ. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are โEconomic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.
Ludwig von MisesOnly one thing can conquer war-that attitude of mind which can see nothing in war but destruction and annihilation.
Ludwig von MisesThe policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.
Ludwig von MisesNo very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future.
Ludwig von Mises