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Quote by Ludwig von Mises

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Middle of the Road Policy Leads to Socialism

This book delves into the concept of middle of the road policy, examining its potential outcomes and the progression towards socialism. It analyzes the political and economic strategies that may lead to such a shift, offering a critical perspective on the interplay between policy and societal transformation. more

Author

Ludwig von Mises
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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“When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of those who have been promised the benefits, without getting grief from the taxpayers. It's strictly win-win as far as the welfare-state politicians are concerned. But it is strictly lose-lose, big-time, for the country, as deficits skyrocket.”

“Free trade has been proven, time and again, as a reliable path to economic development. It pushes the public and private sectors alike toward greater accountability and transparency. It lifts people out of poverty, and while it can force unsettling changes on a society, those changes prove to be worthwhile in a very short time.”

“Socialist countries throughout the world love to lower retirement ages to make people prematurely dependent on the government. But we should move in the opposite direction. In the long run, indexing retirement to life expectancy will yield enormous revenues to the system, far more than a one-shot increase in the age in the current legislative cycle.”

“If the Democrats have their way, African Americans will continue to feel oppressed, despised and handicapped into the indefinite future. All progress will be downplayed and every setback amplified. In this way, Democrats can continue to rely on lopsided black support at the polls.”