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A Critique of Interventionism (1929)

Ludwig von Mises


A government enterprise can never be commercialized no matter how many external features of private enterprise are superimposed on it.A Critique of Interventionismp. 159Bureaucracy
A great deal of what people in less capitalistic countries consider luxury is a common good in the more capitalistically developed countries.A Critique of Interventionismp. 158Luxuries
But for a few dozen individuals all over the globe are cognizant of economics, and no statesman or politician cares about it.A Critique of Interventionismp. 106Economics
Classical liberalism regarded those laws best that afforded the least discretionary power to executive authorities, thus avoiding arbitrariness and abuse. The modern state seeks to expand its discretionary power — everything is to be left to the discretion of officials.A Critique of Interventionismpp. 31-32Rule of Law
Competition takes place among producers and sellers not only within each individual branch of production, but also between all related goods, and in the final analysis, between all economic goods.A Critique of Interventionismp. 48Competition
Economic knowledge necessarily leads to liberalism.A Critique of Interventionismp. 86Classical Liberalism
Every innovation makes its appearance as a luxury of the few well-to-do. After industry has become aware of it, the luxury then becomes a necessity for all.A Critique of Interventionismp. 158Luxuries
For Marx and his parties, the interests of the individual classes are irreconcilably opposed to each other. Each class knows precisely what his class interests are and how to realize them. Therefore, there can only be warfare.A Critique of Interventionismp. 118Marxism
Government cannot make man richer, but it can make him poorer.A Critique of Interventionismp. 23Prosperity
He who does not know how to safeguard his equilibrium when surrounded by motorcycles and telephones will not find it in the jungle or desert.A Critique of Interventionismp. 130Nature
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