The State does not govern the market; in.... : Quote by Ludwig von Mises

“ The State does not govern the market; in the market in which products are exchanged it may quite possibly be a powerful party, but nevertheless it is only one party of many, nothing more than that. All its attempts to transform the exchange-ratios between economic goods that are determined in the market can only be undertaken with the instruments of the market. ”

Ludwig von Mises
  • From : The Theory of Money and Credit
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