Friday 11 January 2013

Some Ludwig de Mises Quotes

The essential feature of government is the enforcement of its decrees by beating, killing and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.

Within a world of free trade and democracy there are no incentives for war and conquest. In such a world it is of no concern whether a nation's sovereignty stretches over a larger or a smaller territory. Its citizens cannot derive any advantage from the annexation of a province. Thus territorial problems can be treated without bias and passion; it is not painful to be fair to other people's claims for self-determination.


European governments and parliaments have been eager for more than sixty years to hamper the operation of the market, to interfere with business, and to cripple capitalism. They have blithely ignored the warnings of economists. They have erected trade barriers, they have fostered credit expansion and an easy money policy, they have taken recourse to price control, to minimum wage rates, and to subsidies. They have transformed taxation into confiscation and expropriation; they have proclaimed heedless spending as the best method to increase wealth and welfare. But when the inevitable consequences of such policies, long before predicted by the economists, became more and more obvious, public opinion did not place the blame on these cherished policies, it indicted capitalism. In the eyes of the public not anticapitalistic policies but capitalism is the root cause of economic depression, of unemployment, of inflation and rising prices, of monopoly and of waste, of social unrest and of war.

Characteristically, nowadays in the countries furthest advanced toward totalitarianism even the use of the individual citizen's leisure time is considered as a task of the government.

No comments:

Post a Comment