Quote by Ludwig von Mises on Government and Finances

„The government and its chiefs do not have the powers of the mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others.“

Ludwig von MisesLudwig von Mises explains government's limited spending power and the redistributive nature of public finances.
PreviousNext

Ludwig von Mises was an Austrian economist, social philosopher, and one of the leading figures of the Austrian School of economics.

This quote by Ludwig von Mises discusses the limited financial capacity of government and the redistributive nature of public spending.


Translation or original: 🇩🇪Click here

Quelle: Hier klicken

i

3.0 / 5

Ludwig von Mises quote about government spending and taxation

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.

Quote on government as a broker in pillage by Henry Louis MenckenCopyright © yoice.net – Quote Artwork
/
0 Comments
"The government consists of a gang of men exactly like you and me. They have, taking one with another, no special talent for the business of government; they have only a talent for getting and holding office. Their principal device to that end is to search out groups who pant and pine for something they can't get and to promise to give it to them. Nine times out of ten that promise is worth nothing. The tenth time is made good by looting A to satisfy B. In other words, government is a broker in pillage, and every election is sort of an advance auction sale of stolen goods." Henry Louis Mencken
Read more
Murray Rothbard quote about government revenue and the market economyCopyright © yoice.net – Quote Artwork
/
0 Comments
"Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market; governments, rather than producing and selling services, live parasitically off the market and off society." Murray Rothbard
Read more
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Historical Knowledge Quote by Ludwig von MisesHistorical knowledge quote graphic by Ludwig von MisesCopyright © yoice.net – Quote ArtworkInspirational quote image featuring Ludwig von Mises on boldly resisting evilCopyright © yoice.net – Quote ArtworkQuote by Ludwig von Mises: Bold Resistance Against Evil