He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISESThe fundamental law of the market is: the customer is always right.
More Ludwig von Mises Quotes
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The fundamental law of the market is: the customer is always right.
LUDWIG VON MISES -
The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
LUDWIG VON MISES -
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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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.
LUDWIG VON MISES -
Freedom really means the freedom to make mistakes.
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The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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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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Liberty is always freedom from the government.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
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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.
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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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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.
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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 real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
LUDWIG VON MISES