Ludwig von Mises Quotes About Trade
-
Every restriction of trade creates vested interests that are from then on opposed to its removal.
→ -
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.
→ -
What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.
→ -
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.
→ -
Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.
→
Related Authors
-
Israel Kirzner Economist -
David D. Friedman Economist -
Adam Smith Philosopher -
Walter Block Economist -
Llewellyn Rockwell Author -
Thomas Woods Historian -
Murray Rothbard Economist -
Olavo de Carvalho Philosopher -
Friedrich August von Hayek Economist -
Hans-Hermann Hoppe Economist -
Carl Menger Economist -
Ron Paul Former U.S. Representative -
John Maynard Keynes Economist -
Henry Hazlitt Journalist -
Milton Friedman Economist -
James M. Buchanan Economist -
Frederic Bastiat Economist -
Joseph A. Schumpeter Economist -
Ayn Rand Novelist