Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISESThe criterion of truth is that it works even if nobody is prepared to acknowledge it.
More Ludwig von Mises Quotes
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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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Government cannot make man richer, but it can make him poorer.
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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 state can be and has often been in the course of history the main source of mischief and disaster.
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Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
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He who serves the public best, makes the highest profits.
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Liberty is always freedom from the government.
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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 gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
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The market is a democracy in which every penny gives a right to vote.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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Under capitalism everybody provides for their own needs by serving others.
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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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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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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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In a battle between force and an idea, the latter always prevails.
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Freedom really means the freedom to make mistakes.
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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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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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
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The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value.
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There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.
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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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All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
LUDWIG VON MISES