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"Etatism, as a theory, is the doctrine of the omnipotence of the State, and, as a policy, the attempt to regulate all mundane affairs by authoritative commandment and prohibition. The ideal society of etatism is a particular sort of socialistic community; it is usual in discussions involving this ideal society to speak of State Socialism, or, in some connexions, of Christian Socialism."
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"Democracy, freedom and liberty do not make us more than what we are; it is our commitment that matters."
"Canada remains alienated from its allies, shut out of the reconstruction process to some degree, unable to influence events. There is no upside to the position Canada took."
"A market where chief executive officers make 262 times that of the average worker and 821 times that of the minimum-wage worker is not a market that is working well. And it is surely not working well enough to build a solid middle class."
"Politics doesn't corrupt people, people corrupt politics."
"The British have always coped without becoming a dictatorship."
"Almost everyone in politics nowadays has at least one conflict of interest."
"They are now informing me that not only are they better than the powerful, the masters of the world whose spittle they have to lick (not from fear, not at all from fear! but because God orders them to honour those in authority) " not only are they better, but they have a "better time, or at least will have a better time one day. But enough! enough! I can't bear it any longer. Bad air! Bad air! This workshop where ideals are fabricated " it seems to me just to stink of lies."
Explore more quotes by Ludwig von Mises
"If one prevents a man from working for the good of society while at the same time providing for the satisfaction of his own needs, then only one way remains open to him: to make himself richer and others poorer by the violent oppression and spoliation of his fellow men."
"History likewise shows that sometimes the 'monetary standard of the victors' can prove to be very bad. There have seldom been more brilliant victories than those eventually achieved by the American insurgents under Washington against the English troops. But the American 'continental" dollar did not benefit from them. The more proudly the star-spangled banner rose on high, the lower did the exchange-rate fall, until, at the very moment when the victory of the rebels was secured, the dollar became entirely valueless. The course of events was no different not long afterwards in France. In spite of the victories of the revolutionary army, the metal premium rose."
"All that the State need do, and can do, in order to preserve the monetary system undisturbed, is to refrain from such intervention. That is the essence of the monetary theory of the classical economists and their immediate successors, the Currency School. It is possible to refine and amplify this doctrine with the aid of the modern subjective theory; but it is impossible to overthrow it, and impossible to put anything else in its place. Those who are able to forget it only show that they are unable to think as economists."
"Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation."
"If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace."
"Every separate economic agent maintains a stock of money that corresponds to the extent and intensity with which he is able to express his demand for it in the market. If the objective exchange-value of all the stocks of money in the world could be instantaneously and in equal proportion increased or decreased, if all at once the money-prices of all goods and services could rise or fall uniformly, the relative wealth of individual economic agents would not be affected. Subsequent monetary calculation would be in larger or smaller figures; that is all."
"Since its appearance the view that prostitution is a product of capitalism has gained ground enormously. And as, in addition, preachers still complain that the good old morals have decayed, and accuse modern culture of having led to loose living, everyone is convinced that all sexual wrongs represent a symptom of decadence peculiar to our age."
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