Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which are even less satisfactory than the conditions that prevailed before.
Ludwig von MisesCapitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.
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 Mises