If the present American laws concerning the taxation of the profits of corporations, the incomes of individuals, and inheritances had been introduced about 60 years ago, all those new products whose consumption has raised the standard of living of the 'common man' would either not be produced at all or only in small quantities for the benefit of a minority. The Ford enterprises would not exist if Henry Ford's profits had been taxed away as soon as they came into being.
Liberty is meaningless if it is only the liberty to agree with those in power. - Ludwig Von Mises
Liberty is meaningless if it is only the liberty to agree with those in power.
- Ludwig Von Mises
If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government. - Ludwig Von Mises
If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.
Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens. - Ludwig Von Mises
Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come … - Ludwig Von Mises
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come …
Every socialist is a disguised dictator. - Ludwig Von Mises
Every socialist is a disguised dictator.
The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and… - Ludwig Von Mises
The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and…
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion. - Ludwig Von Mises
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years o… - Ludwig Von Mises
Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years o…
The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that co… - Ludwig Von Mises
The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that co…
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