Truth Warrior
09-14-2008, 07:57 PM
LAISSEZ FAIRE
If one rejects laissez faire on account of man’s fallibility and moral weakness, one must for the same reason also reject every kind of government action.
Planning for Freedom, p. 44
Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine
what the entrepreneurs should produce. Planning means: let the government alone choose and enforce its rulings by the apparatus of coercion and compulsion.
Planning for Freedom, p. 45
Laissez faire means: Let the common man choose and act; do not force him to yield to a dictator.
Human Action, p. 727; p. 732
Laissez faire, laissez passer does not mean: let the evils last. On the contrary, it means: do not interfere with the operation of the market because such interference must necessarily restrict output and make people poorer. It means furthermore:
do not abolish or cripple the capitalist system which, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living of the masses in an unprecedented way.
Omnipotent Government, p. x
What transformed the world of horse-drawn carriages, sailing ships, and windmills step by step into a world of airplanes and electronics was the laissez-faire principle.
The Ultimate Foundation of Economic Science, p. 127
The greatness of the nineteenth century consisted in the fact that to some extent the ideas of Classical economics became the dominant philosophy of state and society. They transformed
the traditional status society into nations of free citizens, royal absolutism into representative government, and above all, the poverty of the masses . . . into the well-being of the many
under capitalistic laissez faire.
The Historical Setting of the Austrian School, p. 44
http://mises.org/books/quotablemises.pdf
If one rejects laissez faire on account of man’s fallibility and moral weakness, one must for the same reason also reject every kind of government action.
Planning for Freedom, p. 44
Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine
what the entrepreneurs should produce. Planning means: let the government alone choose and enforce its rulings by the apparatus of coercion and compulsion.
Planning for Freedom, p. 45
Laissez faire means: Let the common man choose and act; do not force him to yield to a dictator.
Human Action, p. 727; p. 732
Laissez faire, laissez passer does not mean: let the evils last. On the contrary, it means: do not interfere with the operation of the market because such interference must necessarily restrict output and make people poorer. It means furthermore:
do not abolish or cripple the capitalist system which, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living of the masses in an unprecedented way.
Omnipotent Government, p. x
What transformed the world of horse-drawn carriages, sailing ships, and windmills step by step into a world of airplanes and electronics was the laissez-faire principle.
The Ultimate Foundation of Economic Science, p. 127
The greatness of the nineteenth century consisted in the fact that to some extent the ideas of Classical economics became the dominant philosophy of state and society. They transformed
the traditional status society into nations of free citizens, royal absolutism into representative government, and above all, the poverty of the masses . . . into the well-being of the many
under capitalistic laissez faire.
The Historical Setting of the Austrian School, p. 44
http://mises.org/books/quotablemises.pdf