Quote by Ludwig von Mises on Public Works and Taxes

„Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.“

Ludwig von MisesQuote by Ludwig von Mises: Public works are paid for by funds taken away from the citizens.
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Ludwig von Mises was an Austrian economist, social philosopher, and one of the leading figures of the Austrian School of economics.

Quote by Ludwig von Mises about funding public works through taxpayers' money.


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Quote image featuring Ludwig von Mises on public works and taxpayer-funded government spending

Ludwig von Mises (1881–1973) was a prominent Austrian economist and social philosopher, known for his contributions to the Austrian School of economics. He significantly influenced libertarian and free-market economic theory and was a critic of socialism and interventionism.

Ludwig von Mises quote about government spending and job creationCopyright © yoice.net – Quote Artwork
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"Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other." Ludwig von Mises
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Quote image featuring Murray Rothbard's perspective on the state and private economyCopyright © yoice.net – Quote Artwork
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"The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians." Murray Rothbard
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