Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?
Ludwig von Mises[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.
Ludwig von MisesPlato and Hitler were both the same kind of consistent socialists who planned also for the production of future socialists, the breeding and education of future members of society.
Ludwig von MisesIn many fields of the administration of interventionist measures, favoritism simply cannot be avoided.
Ludwig von MisesThose who are asking for more government interference are asking ultimately for more compulsion and less freedom.
Ludwig von Mises