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.
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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There is no means by which anyone can evade his personal responsibility.
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He who serves the public best, makes the highest profits.
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If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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Historical knowledge is indispensable for those who want to build a better world
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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
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The issue is always the same: the government or the market. There is no third solution.
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What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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A free press can only exist where there is private control over the means of production
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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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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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 riches of successful entrepreneurs is not the cause of anybody’s poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur’s efforts.
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He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES