The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
Ludwig von MisesGovernment policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion; in short, protracted inflation.
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 MisesThose who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.
Ludwig von MisesLouis XIV was very frank and sincere when he said: I am the State. The modern statist is modest. He says: I am the servant of the State; but, he implies, the State is God. You could revolt against a Bourbon king, and the French did it. This was, of course, a struggle of man against man. But you cannot revolt against the god State and against his humble handy man, the bureaucrat.
Ludwig von Mises