The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
LUDWIG VON MISESThe alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
More Ludwig von Mises Quotes
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The state can be and has often been in the course of history the main source of mischief and disaster.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
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The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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The fundamental law of the market is: the customer is always right.
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The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
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As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
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The real bosses, in the capitalist system of market economy, are the consumers.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
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A free press can only exist where there is private control over the means of production
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In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
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The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISES