The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the application or the threat of force to behave otherwise than they would like to behave. β¨ Ludwig Von Mises (1985). Omnipotent Government: The Rise of the Total State and Total War, Libertarian Press
More Author Quotes
- Big business depends entirely on the patronage of those who buy its products: the biggest enterprises loses its power and its influence when it loses its customers. β¨ Ludwig Von Mises (2006). Economi β¦ βΆ
- Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied... He who serves the public best, makes the highest profits.
- Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping toward destruct β¦ βΆ
- 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 β¦ βΆ
- [E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics β¨ Ludwig Von Mises (1963). Human action: a treatise o β¦ βΆ
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