He who serves the public best, makes the highest profits.
LUDWIG VON MISESThe 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.
More Ludwig von Mises Quotes
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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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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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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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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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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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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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.
LUDWIG VON MISES -
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 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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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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If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
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The real bosses, in the capitalist system of market economy, are the consumers.
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Under capitalism everybody is the architect of his own fortune.
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Under capitalism everybody provides for their own needs by serving others.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
LUDWIG VON MISES