Ludwig von Mises Quotes
The state can be and has often been in the course of history the main source of mischief and disaster.
von Mises, Ludwig. The Ultimate Foundation of Economic Science. D. Van Nostrand Company, 1962.
He was referring to governments that imposed some form of morality in their citizens. Free governments do no dictate a morality and require their citizens to follow it. He was very much opposed to Prohibition which he saw as a poor government—Herbert Hoover’s Administration—which was imposing its narrow morality on all. He was very suspicious of government actions where the government claimed that the action was for moral objectives. This is a classic Libertarian view. In general, it is Fundamentalists and ideologues who want to impose their particular morality on all. See {620693} for a related idea.
The Bank was privately owned. Jackson was a major opponent of the Bank. See his description {630650} .
To Mises, “interventionism” is any government action that affects business and businessmen and women. In a large complex society, virtually every government action will benefit some more than others while harming some more than others. There are almost always winners and losers as a result of every government action. Most political philosophers see justice and fairness in benefitting the majority of people most of the time. However Mises and others observe that in a large complex society, in an absolute sense, politics and government can never be fair and just to all.
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.