It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other commodities more urgently demanded by consumers. The authority may reduce the price of one commodity only by raising the prices of others.

Ludwig Von Mises
Some Similar Quotes
  1. Congress shall make no law abridging the freedom of production and trade... - Ayn Rand

  2. Your comfort zone is a place where you keep yourself in a self-illusion and nothing can grow there but your potentiality can grow only when you can think and grow out of that zone. - Rashedur Ryan Rahman

  3. The justification of capitalism is not that the economy grows faster than it grows under any other system. . not that the goods pour forth. The justification of capitalism is that it is the only economic system consistent with the requirements of man's rational nature,... - M. Northrup Buechner

  4. At times there's something so precise and mathematically chilling about nationalism. Build a dam to take away water AWAY from 40 million people. Build a dam to pretend to BRING water to 40 million people. Who are these gods that govern us? Is there no... - Arundhati Roy

  5. Saying that you are moral because you believe in a god is like saying you are an economist because you play monopoly. - Robert W. Cox

More Quotes By Ludwig Von Mises
  1. 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...

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

  3. 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.

  4. 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 inï¬â€šicted by bad governments. The state can be...

  5. Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown...

Related Topics