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Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Government
Libertarian
Principle
Protect
Encroachments
Duty
Encroachment
Serious
Objections
Principles
Admitted
Freedom
Foolishness
Individual
Advanced

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Some experts have declared that it is necessary to tax the people until it hurts. I disagree with these sadists.
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Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.
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The continued existence of society depends upon private property.
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Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.
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It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers.
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If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other benefits from the treasury, democracy is done for.
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The philosophy of protectionism is a philosophy of war. The wars of our age are not at variance with popular economic doctrines they are, on the contrary, the inescapable result of a consistent application of these doctrines.
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A new type of superstition has got hold of people's minds, the worship of the state.
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To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
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The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.
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The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.
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The democracy of the market consists in the fact that people themselves make their choices and that no dictator has the power to force them to submit to his value judgments.
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The 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.
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The market and its inescapable law are supreme.
Ludwig von Mises
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The living is not perfect because it is liable to change the dead is not perfect because it does not live.
Ludwig von Mises
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The Pseudo-liberals monopolize the teaching jobs at many universities. Only men who agree with them are appointed as teachers and instructors of the social sciences, and only textbooks supporting their ideas are used.
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Sovereignty must not be used for inflicting harm on anyone, whether citizen or foreigner.
Ludwig von Mises
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He who only wishes and hopes does not interfere actively with the course of events and with the shaping of his own destiny.
Ludwig von Mises
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The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.
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Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful.
Ludwig von Mises