Ludwig von Mises: "Despots and democratic majorities are drunk with power. They must reluctantly admit that they are subject to the laws of nature. But they reject the very notion of economic law . . . economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics." - Austrian Economics: An Anthology
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|Ludwig von Mises||Go into the home of the average American family and you will see for whom the wheels of the machines are turning.||Liberty and Property|| p. 22||Consumer Sovereignty
|Ludwig von Mises||What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.||Liberty and Property|| p. 13||Consumer Sovereignty
|Ludwig von Mises||A state without territory is an empty concept. A state without sovereignty is a contradiction in terms.||Omnipotent Government|| p. 46||Sovereignty