Taxing profits is tantamount to taxing success.
LUDWIG VON MISESIf 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.
More Ludwig von Mises Quotes
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Depression is the aftermath of credit expansion.
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For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
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Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
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The issue is always the same: the government or the market. There is no third solution.
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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The market is a democracy in which every penny gives a right to vote.
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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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A new type of superstition has got hold of people’s minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
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The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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Historical knowledge is indispensable for those who want to build a better world
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He who serves the public best, makes the highest profits.
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To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
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The mark of the creative mind is that it defies a part of what it has learned.
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They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent.
LUDWIG VON MISES






