Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
LUDWIG VON MISESHe who is unfit to serve his fellow citizens wants to rule them.
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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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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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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The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
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The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are.
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The worst evils which mankind ever had to endure were inflicted by governments.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
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To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
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[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
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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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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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Every socialist is a disguised dictator.
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
LUDWIG VON MISES