An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when the fountain is drained off: The Santa Clause principle liquidates itself.
Ludwig von MisesAll rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
Ludwig von MisesSociety is best served when the means of production are in the possession of those who know how to use them best.
Ludwig von MisesThe consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.
Ludwig von Mises