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Economic freedom and interventionism: an anthology of articles and essays

Book by Ludwig von Mises · 23 quotes · Government, Compulsion, Economy

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Economic freedom and interventionism: an anthology of articles and essays Quotes

“Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom. Where there is no market economy, the best-intentioned provisions of constitutions and laws remain a dead letter.”

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Book:Economic freedom and interventionism: an anthology of articles and essays
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“Welfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to attain, but - on the contrary - bring about a state of affairs which - from the very point of view of the government and its supporters - is even more unsatisfactory than the previous state of affairs they wanted to 'improve.'”

EndsSelfStatesGovernmentWantedViewsPolicyAffairPoint Of ViewContraryWelfareSupporterBeneficial
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“Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulates riches.”

GivingOrderForceWealthEconomyEssentialsCompetitionProfitProductionsRichesSupremeIncomeInequalityConsumersFeaturesEngagedExertionMarket Economy
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“Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household.”

YearsPhilosophyPoliticalUsedRealizingEnvironmentConditionsYouthStandardsEconomicsAverageGrantedEnjoyedMinoritiesSomething NewHouseholdLooking BackEquipment
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“People must learn that the accumulation of wealth by the successful conduct of business is the corollary of the improvement of their own standard of living and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenities whose enjoyment is called the “American way of life.”

PeopleWayFactsEvilCausesEnjoyRealizingWealthSuccessfulEffectsStandardsVicesImprovementEnjoymentAccumulationVice VersaCause And EffectStandards Of LivingAmenitiesAmerican Way Of Life
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“There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties.”

UseGovernmentIndividualNationsGoalPartyOpinionEconomyActivityHighestStandardsLibertarianEnterpriseRejectsDeceivingPublic OpinionStandards Of LivingFree EnterpriseMarket EconomyDeceiving Ourselves
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“It is important to remember that government interference always means either violent action or the threat of such action. Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.”

MenMeanImportantGovernmentActionLastsRememberEssentialsAskingPrisonThreatKillingSoldierViolentEmploymentFeaturesEnforcementResortsCompulsionPolicemenInterferenceDecreeHangmanPrison Guards
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“The main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of violent conflict have branded it as a dismal science and why this age of wars, civil wars, and destruction has no use for it.”

HumansWarUseAgeTheoryConflictAchievementEconomicsDestructionViolentPeacefulCivil WarCooperationBrandedHarbinger
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“Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household. He is fully confident that this trend will prevail also in the future. He simply calls it the American way of life and does not give serious thought to the question of what made this continuous improvement in the supply of material goods possible.”

AmericaFreedomLibertyEconomics
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