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If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
-Ludwig Von Mises
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If One Rejects Laissez Faire On Account

Ludwig Von Mises
If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
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Government Weakness Laissez Faire

More From Ludwig Von Mises

Government control of the economy, no matter in whose behalf, has been the source of all the evils in our industrial society -- and the solution is laissez-faire capitalism, i.e., the abolition of any and all forms of intervention in production and trade, the separation of state and economics, in the same way and for the same reasons as the separation of church and state.
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Unfortunately for the good sense of mankind, the fact of their fallibility is far from carrying the weight in their practical judgement, which is always allowed to it in theory; for while every one well knows himself to be fallible, few think it necessary to take any precautions against their own fallibility.
Thinking Judgement Weight
I am opposed to all forms of control; i am for an absolute laissez faire, free, unregulated economy. i am for the separation of the state and economics, just as we had separation of state and church, which led to peaceful coexistence among different religions...so the same applies to economics. if you separate the government from economics, if you do not regulate production and trade, you will have peaceful cooperation, and harmony and justice among men.
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Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice. when i say 'capitalism,' i mean a pure, uncontrolled, unregulated laissez-faire capitalism - with a separation of economics, in the same way and for the same reasons as a separation of state and church.
Mean Practice Individuality
"judge not, that ye be not judge"... is an abdication of moral responsibility: it is a moral blank check one gives to others in exchange for a moral blank check one expects for oneself. there is no escape from the fact that men have to make choices; so long as men have to make choices, there is no escape from moral values; so long as moral values are at stake, no moral neutrality is possible. to abstain from condemning a torturer, is to become an accesory to the torture and murder of his victims. the moral principle to adopt... is: "judge, and be prepared to be judged."
Fear Responsibility Men
I believe, unlike people that are totally free-market, laissez-faire fundamentalists, that there is an important role that the government can play - one, in providing public goods, whether it's education, health care, or other things, and two, supervising countercyclical policy - stimulus, whether it's monetary, fiscal, or otherwise.
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