The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
LUDWIG VON MISESDo not give in to evil, but proceed ever more boldly against it.
More Ludwig von Mises Quotes
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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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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Depression is the aftermath of credit expansion.
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Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.
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The most serious dangers for American freedom and the American way of life do not come from without.
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Liberty is always freedom from the government.
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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Freedom really means the freedom to make mistakes.
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A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
LUDWIG VON MISES -
The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
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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.
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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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There is no means by which anyone can evade his personal responsibility.
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All they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
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What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
LUDWIG VON MISES