Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISESThe issue is always the same: the government or the market. There is no third solution.
More Ludwig von Mises Quotes
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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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He who serves the public best, makes the highest profits.
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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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All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out
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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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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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Government cannot make man richer, but it can make him poorer.
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The market is a democracy in which every penny gives a right to vote.
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They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
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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 final outcome of the credit expansion is general impoverishment.
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He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES






