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Government means always coercion and compulsion and is by necessity the opposite of liberty.

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
Opposite
Opposites
Liberty
Freedom
Means
Government
Coercion
Mean
Compulsion
Always
Necessity

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Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow.
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No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.
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Nobody can be at the same time a correct bureaucrat and an innovator
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Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion in short, protracted inflation.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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There can be no freedom in art and literature where the government determines who shall create them.
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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 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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Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.
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Nobody is in a position to decree what should make a fellow man happier.
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The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.
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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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This dilettantish inability to comprehend the essential issues of the conduct of production affairs is not only manifested in the writings of Marx and Engels. It permeates no less the contributions of contemporary pseudo-economics.
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If the government objects to monopoly prices for new inventions, it should stop granting patents.
Ludwig von Mises
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The history of mankind is the history of ideas.
Ludwig von Mises
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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 gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
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A new type of superstition has got hold of people's minds, the worship of the state.
Ludwig von Mises
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In the long run even the most despotic governments with all their brutality and cruelty are no match for ideas. Eventually the ideology that has won the support of the majority will prevail and cut the ground from under the tyrant's feet. Then the oppressed many will rise in rebellion and overthrow their masters.
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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 sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
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