The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments.
Ludwig von MisesGovernment 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 MisesA country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.
Ludwig von MisesOn the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction; it can never improve it.
Ludwig von Mises