No architect is held responsible for the behavior of those who inhabit the structure he designed.
Ludwig von MisesUnder the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.
Ludwig von MisesThe 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 MisesEconomic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.
Ludwig von MisesThose who satisfy the wants of a smaller number of people only collect fewer votes-dollars-than those who satisfy the wants of more people.
Ludwig von MisesThere is an inherent tendency in all governmental power to recognize no restraints on its operation and to extend the sphere of its dominion as much as possible. To control everything, to leave no room for anything to happen of its own accord without the interference of the authorities--th is is the goal for which every ruler secretly strives.
Ludwig von Mises