Ludwig von Mises: "When pushed hard by economists, some welfare propagandists and socialists admit that impairment of the average standard of living can only be avoided by the maintenance of capital already accumulated and that economic improvement depends on accumulation of additional capital." - Human Action
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| Ludwig von Mises | Every act of the government which can and must be done by administrative discretion with regard to the special merits of each case can be used for the achievement of the governments political aims. | Omnipotent Government | p. 83 | Guns |