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You call it a 'loophole' when the government still allows you some freedom.
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
Loophole
Loopholes
Allows
Call
Freedom
Stills
Still
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The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.
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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 productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.
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Nothing, however, is as ill founded as the assertion of the alleged equality of all members of the human race.
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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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The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.
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Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.
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The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to business.
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As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.
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Anarchism misunderstands the real nature of man. It would be practicable only in a world of angels and saints
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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future.
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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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The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people's mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what
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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.
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One has to recognize that science is not metaphysics, and certainly not mysticism it can never bring us the illumination and the satisfaction experienced by one enraptured in ecstasy. Science is sobriety and clarity of conception, not intoxicated vision.
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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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Scientific criticism has no nobler task than to shatter false beliefs.
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The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption its alleged blessings are paid for by impoverishment.
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