The Advocates Of Public Control Cannot Do

The Member Of A Contractual Society Is Free Because He Serves Others Only In Serving Himself. What Restrains Him Is Only The Inevitable Natural Phenomenon Of Scarcity.

It Is Impossible To Describe Any Human Action If One Does Not Refer To The Meaning The Actor Sees In The Stimulus As Well As In The End His Response Is Aiming At.

Library Of The Works Of Ludwig Von Mises”. Here Is An Article He Wrote In 1951, Some Two Years After His Magnum Opus Human Action Appeared, Where Is Lays Out His Case In A More Popular Form. The Money Sentences Are “economic Theory Has Demonstrated In An Irrefutable Way That A Prosperity Created By An Expansionist Monetary And Credit Policy Is Illusory And Must End In A Slump, An Economic Crisis. It Has Happened Again And Again In The Past, And It Will Happen In The Future, Too.

Nobody Can Be At The Same Time A Correct Bureaucrat And An Innovator

...this Remedy Is The Power Of The Citizens; They Have To Prevent The Establishment Of Such An Autocratic Regime That Arrogates To Itself A Higher Wisdom Than That Of The Average Citizen. This Is The Fundamental Difference Between Freedom And Serfdom.