Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
Ludwig von MisesEvery step toward the elimination of profit is progress on the way toward social disintegration.
Ludwig von MisesA new type of superstition has got hold of people's minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
Ludwig von MisesLenin's ideal was to build a nation's production effort according to the model of the post office.
Ludwig von MisesThe state is the only institution entitled to apply coercion and compulsion and to inflict harm upon individuals. This tremendous power cannot be abandoned to the discretion of some men, however competent and clever they may deem themselves. It is necessary to restrict its application. This is the task of the laws.
Ludwig von Mises