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Ludwig von Mises: "If one wants to study the reasons for Europes backwardness, it would be necessary to examine the manifold laws and regulations that prevented in Europe the establishment of an equivalent of the American drug store and crippled the evolution of chain stores, department stores, super markets and kindred outfits." - Planning for Freedom


Quotable MisesThis database of quotations from Mises was prepared for The Quotable Mises edited by Mark Thornton, available from the Mises Institute store for $20. Send corrections to the editor. Here is a source page on the editions of the books referenced.

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Ludwig von MisesThe State is the only institution entitled to apply coercion and compulsion and to inflict harm upon individuals. This tremendous power cannot be abandoned to the discretion of some men, however competent and clever they may deem themselves. It is necessary to restrict its application. This is the task of the laws.Bureaucracy p. 76Rule of Law
Ludwig von MisesThe alternative to the rule of law is the rule of despots.Bureaucracy p. 76Rule of Law
Ludwig von MisesIt is the social function of the laws to curb the arbitrariness of the police. The rule of law restricts the arbitrariness of the officers as much as possible. It strictly limits their discretion and thus assigns to the citizens a sphere in which they are free to act without being frustrated by government interference.Planned Chaos pp. 6364Rule of Law
Ludwig von MisesIt is the rule of law alone which hinders the rulers from turning themselves into the worst gangsters.Planned Chaos p. 64Rule of Law
Ludwig von MisesClassical liberalism regarded those laws best that afforded the least discretionary power to executive authorities, thus avoiding arbitrariness and abuse. The modern state seeks to expand its discretionary powereverything is to be left to the discretion of officials.A Critique of Interventionism pp. 3132Rule of Law