A Quote by Ludwig von Mises

Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.

Ludwig von Mises

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Capitalism Economic Framework Free Free Trade Gold Gold Standard Hand Hand In Hand However Ideas Imperialism Isolated Just Liberalism Militarism Money One Piece Only Our Our Time Parcel Part Part And Parcel Peace Phenomenon Philosophical Piece Policy Protectionism Socialism Sound Standard Time Total Trade

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Ludwig von Mises
Austrian - Economist
September 29, 1881 - October 10, 1973

Socialism needs to pull down wealth; liberalism seeks to raise up poverty. Socialism would destroy private interests, Liberalism would preserve [them] ... by reconciling them with public right. Socialism would kill enterprise; Liberalism would rescue enterprise from the trammels of privilege and preference. Socialism assails the preeminence of the individual; Liberalism seeks ... to build up a minimum standard for the mass. Socialism exalts the rule; Liberalism exalts the man. Socialism attacks capitalism; Liberalism attacks monopoly.

Winston Churchill

To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names ? Keynesian inflationism, interventionism, and corporatism.

Ron Paul

Protectionism is a misnomer. The only people protected by tariffs, quotas and trade restrictions are those engaged in uneconomic and wasteful activity. Free trade is the only philosophy compatible with international peace and prosperity.

Walter Block

Hand in hand with nationalist economic isolationism, militarism struggles to maintain the sovereign state against the forward march of internationalism.

Christian Lous Lange

Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure. Voluntary private investment in private enterprise, on the other hand, promotes capitalism, production, independence, and self-reliance.

Henry Hazlitt

You don't need a hand-out, you need a hand-up! And that's what we need to portray: 'Look, do you want to live in mediocrity? Because that's all that the entitlements are going to do for you. Keep you living in the lowest socio-economic scale.

Rafael Cruz

My first car was a second-hand Padmini Standard that I bought for '25,000 in 1985. It was a lot of money for me. The Padmini Standard was one of those small cars which was very popular during that time. However, I never drove the car and still don't drive one.

Neena Gupta

The issue is Socialism versus Capitalism. I am for Socialism because I am for humanity. We have been cursed with the reign of gold long enough. Money constitutes no proper basis of civilization. The time has come to regenerate society - we are on the eve of universal change.

Eugene V. Debs

Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.

Hans F. Sennholz

Political reform need not go hand in hand with economic liberalization.. I hold unconventional views about this.. I do not believe if you are a libertarian, full of diverse opinions, full of competing ideas in the market place, full of sound and fury, therefore you will succeed.

Lee Kuan Yew

Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.

Ludwig von Mises

Imperialism, in a sense, is the transition stage from capitalism to Socialism. . . . It is capitalism dying, not dead.

Vladimir Lenin

Radical socio-economic transformation is a policy of the ANC. As a leader of the ANC, you have to implement the policy. When I talk about radical socio-economic transformation, it's not my thing; it's an ANC policy.

Jacob Zuma

Warmakers are often wrong. ... Peace advocates are sometimes right, especially when their ideas are not only morally sound but politically realistic

David Cortright

Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.

Alan Greenspan

Peter Beinart excoriates the doughface liberals who during the Cold War put anti-imperialism before anti-totalitarianism and demanded total moral purity on the part of the United States, thus opposing any action in the real world to resist Soviet expansionism. If the Democrats were, as he advocates, to return to the Trumanesque anti-totalitarian liberalism that held sway in the party from roughly 1947 to 1972, the party and the country would be better off.

Rich Lowry

A Quote by Ludwig von Mises

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