The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.
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 MisesCapitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.
Ludwig von Mises