As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
LUDWIG VON MISESAll rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
More Ludwig von Mises Quotes
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The fundamental law of the market is: the customer is always right.
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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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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.
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The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
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The main propoganda trick of supporters of the allegedly “progressive” policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas.
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The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.
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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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It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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Freedom really means the freedom to make mistakes.
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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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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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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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Under capitalism everybody provides for their own needs by serving others.
LUDWIG VON MISES






