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Every restriction of trade creates vested interests that are from then on opposed to its removal.

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
Interest
Every
Vested
Removal
Restriction
Opposed
Creates
Interests
Trade

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Scientific criticism has no nobler task than to shatter false beliefs.
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Liberty is always freedom from the government.
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The sharper the competition, the better it serves its social function to improve economic production.
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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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When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.
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Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.
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The final outcome of the credit expansion is general impoverishment.
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All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.
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Planning other people's actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
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The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.
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In a game there are winners and losers. But a business deal is always advantageous for both parties. If both the buyer and the seller were not to consider the transaction as the most advantageous action they could choose under the prevailing conditions, they would not enter into the deal.
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The characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties were eager to restrict the sphere of private initiative and free enterprise.
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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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Big business always serve - directly or indirectly - the masses.
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Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away
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The truth is that the government cannot give if it does not take from somebody...It is not in the power of the government to make everybody more prosperous.
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Economically considered, war and revolution are always bad business.
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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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