The market is a democracy in which every penny gives a right to vote.
LUDWIG VON MISESThose who are asking for more government interference are asking ultimately for more compulsion and less freedom.
More Ludwig von Mises Quotes
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They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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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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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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Under capitalism everybody provides for their own needs by serving others.
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Historical knowledge is indispensable for those who want to build a better world
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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 liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
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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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Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
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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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State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
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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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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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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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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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The final outcome of the credit expansion is general impoverishment.
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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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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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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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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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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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The real bosses, in the capitalist system of market economy, are the consumers.
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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.
LUDWIG VON MISES