What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.
Ludwig von MisesThe market is not a place, a thing, or a collective entity. The market is a process, actuated by the interplay of the actions of the various individuals cooperating under the division of labor.
Ludwig von MisesOur whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.
Ludwig von MisesFascism was an emergency makeshift. To view it as something more would be a fatal error.
Ludwig von MisesSocialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
Ludwig von MisesThese people talk of a "middle-of-the-road" policy. What they do not see is that the isolated interference, which means the interference with only one small part of the economic system, brings about a situation which the government itself โ and the people who are asking for government interference โ find worse than the conditions they wish to abolish: the people who are asking for rent control are very angry when they discover there is a shortage of apartments and a shortage of housing.
Ludwig von Mises