Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
LUDWIG VON MISESThe greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
More Ludwig von Mises Quotes
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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 fundamental law of the market is: the customer is always right.
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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 whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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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 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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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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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 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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They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent.
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The real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISES