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Quote by Ludwig von Mises

“Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away”

Quote by Ludwig von Mises

Book:Economic Policy: Thoughts for Today and Tomorrow

Work

Economic Policy: Thoughts for Today and Tomorrow

This book delves into the complexities of economic policy, analyzing its impact on current economic conditions and forecasting potential outcomes for the future. more

Author

Ludwig von Mises

Ludwig von Mises was a prominent economist, philosopher, and social theorist born on September 29, 1881, in Austria, and passed away on October 10, 1973. He is considered one of the most influential economists of the 20th century and a leading advocate for free-market economics. more

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Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

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Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“Government price-fixing once started, has alike no justice and no end. It is an economic folly from which this country has every right to be spared.”

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“In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy.”

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Book:Economic Calculation In the Socialist Commonwealth

Source: Economic Calculation In the Socialist Commonwealth

“War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought to celebrate earthquakes and cholera as stimulators of the productive forces in the general interest.”

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“Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society.”

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