Every socialist is a disguised dictator.
LUDWIG VON MISESEvery socialist is a disguised dictator.
More Ludwig von Mises Quotes
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
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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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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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He who is unfit to serve his fellow citizens wants to rule them.
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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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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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The most serious dangers for American freedom and the American way of life do not come from without.
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The issue is always the same: the government or the market. There is no third solution.
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There is no means by which anyone can evade his personal responsibility.
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The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
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Freedom really means the freedom to make mistakes.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
LUDWIG VON MISES