Ludwig Von Mises said this quote

“ The oldest and most popular instrument of etatistic monetary policy is the official fixing of maximum prices. High prices, thinks the etatist, are not a consequence of an increase in the quantity of money, but a consequence of reprehensible activity on the part of 'bulls' and 'profiteers'; it will suffice to suppress their machinations in order to ensure the cessation of the rise of prices. Thus it is made a punishable offence to demand, or even to pay, 'excessive' prices. ”

Famous Quotes of Ludwig Von Mises

Famous quotes of Ludwig Von Mises from the classy quote

See all

Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit.

~ Ludwig Von Mises

The biological equipment of a man rigidly restricts the field in which he can serve.

~ Ludwig Von Mises

Science does not give us absolute and final certainty. It only gives us assurance within the limits of our mental abilities and the prevailing state of scientific thought.

~ Ludwig Von Mises

The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inﬂicted by bad governments. The state can be and has often been in the course of history the main source of mischief and disaster.

~ Ludwig Von Mises