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Chapter 221 of 234 · The Quotable Mises by Ludwig von Mises

Unemployment Insurance

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Unemployment doles can have no other effect than the perpetuation of unemployment.

Socialism, p. 440

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

Human Action, p. 770; p. 776

For the unemployed to be granted support by the government or by the unions only serves to enlarge the evil. If what is involved is a case of unemployment springing from dynamic changes in the economy, then the unemployment benefits only result in postponing the adjustment of the workers to the new conditions.

Liberalism, p. 84

The Quotable Mises

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