Ludwig von Mises: "In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Socialism
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|Ludwig von Mises||All that a tariff can achieve is to divert production from those locations in which the output per unit of input is higher to locations in which it is lower. It does not increase production; it curtails it.||Human Action|| p. 737; p. 744||Tariffs
|Ludwig von Mises||The only case that can be made on behalf of protective tariffs is this: the sacrifices they impose could be offset by other, noneconomic advantagesfor instance, from a national and military point of view it could be desirable to more or less isolate a country from the world.||A Critique of Interventionism|| p. 23||Tariffs
|Ludwig von Mises||The imposition of a duty on the importation of a commodity burdens the consumers.||Human Action|| p. 742; p. 749||Tariffs
|Ludwig von Mises||Many people look upon tariff protection as if it were a privilege accorded to their nations wage earners, procuring them, for the full duration of its existence, a higher standard of living than they would enjoy under free trade.||Human Action|| p. 745; p. 752||Tariffs