Nobody ever recommended a dictatorship aiming at ends other than those he himself approved. He who advocates dictatorship always advocates the unrestricted rule of his own will

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Economic knowledge necessarily leads to liberalism

In many fields of the administration of interventionist measures, favoritism simply cannot be avoided.

Fascism was an emergency makeshift. To view it as something more would be a fatal error.

The most serious dangers for American freedom and the American way of life do not come from without.

Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic 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. It has happened again and again in the past, and it will happen in the future, too.