Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISESEvery socialist is a disguised dictator.
More Ludwig von Mises Quotes
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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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They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
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What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.
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Historical knowledge is indispensable for those who want to build a better world
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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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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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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 market is a democracy in which every penny gives a right to vote.
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The fundamental law of the market is: the customer is always right.
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Under capitalism everybody is the architect of his own fortune.
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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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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 criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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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.
LUDWIG VON MISES