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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

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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
Liberty
Libertarian
Public
Accomplished
Taken
Economics
Wand
Away
Gold
Wands
Power
Paid
Funds
Citizens
Libertarianism
Works
Miraculous
Magic
Fund

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Every socialist is a disguised dictator.
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Every man aims at avoiding what causes him pain the activities of government ultimately consist in the infliction of pain. All great achievements of mankind were the product of a spontaneous effort on the part of individuals government substitutes coercion for voluntary action.
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He who acts under an emotional impulse also acts. What distinguishes an emotional action from other actions is the valuation of input and output. Emotions disarrange valuations. Inflamed with passion, man sees the goal as more desirable and the price he has to pay for it as less burdensome than he would in cool deliberation.
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The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.
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A higher standard of living also brings about a higher standard of culture and civilization.
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The comparatively greater prosperity of the United States is an outcome of the fact that the New Deal did not come in 1900 or 1910, but only in 1933.
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Whoever wishes peace among peoples must fight statism.
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Sovereignty must not be used for inflicting harm on anyone, whether citizen or foreigner.
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Depression is the aftermath of credit expansion.
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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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The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.
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The greater productivity of work under the division of labor is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a struggle for existence. It makes friends out of enemies, peace out of war, society out of individuals.
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Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.
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Progress is precisely that which rules and regulations did not foresee.
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War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought to celebrate earthquakes and cholera as stimulators of the productive forces in the general interest.
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Economic control is not merely control of a sector of human life that can be separated from the rest it is the control of the means for all our ends.
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