Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.
Ludwig von MisesNot mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend toward socialism and despotism is common-sense and moral courage.
Ludwig von MisesIt is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process.
Ludwig von MisesThe market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'
Ludwig von MisesIf the present American laws concerning the taxation of the profits of corporations, the incomes of individuals, and inheritances had been introduced about 60 years ago, all those new products whose consumption has raised the standard of living of the 'common man' would either not be produced at all or only in small quantities for the benefit of a minority. The Ford enterprises would not exist if Henry Ford's profits had been taxed away as soon as they came into being.
Ludwig von Mises