Ludwig von Mises Quotes


If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.


Citations

Mises, Ludwig von. Economic Policy: Thoughts for Today and Tomorrow. Regnery/Gateway, 1979, p. 72.

Related Quotes

By the time the debt ceiling needs a Congressional vote, the money has already been obligated and spent. That is when Congress can control spending. The debt ceiling is ALWAYS increased by Congress when asked otherwise the U. S. would not be able to pay its bills. However, many members of Congress like the fact that every year or so the administration needs their votes so they can extract benefits for their constituents more easily with that leverage.


Ludwig von Mises
Ludwig von Mises
  • Born: September 29, 1881
  • Died: October 10, 1973
  • Nationality: Austrian
  • Profession: Economist

Ludwig Heinrich Edler von Mises was an Austrian School economist, historian, logician and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is best known for his work on praxeology, a study of human choice and action.