He who serves the public best, makes the highest profits.
LUDWIG VON MISESHe who serves the public best, makes the highest profits.
LUDWIG VON MISESHistorical knowledge is indispensable for those who want to build a better world
LUDWIG VON MISESThe main propoganda trick of supporters of the allegedly “progressive” policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas.
LUDWIG VON MISESWhat 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.
LUDWIG VON MISESThe 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.
LUDWIG VON MISESGovernment is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
LUDWIG VON MISESThey 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.
LUDWIG VON MISESLaissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
LUDWIG VON MISESThe gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
LUDWIG VON MISESIn a battle between force and an idea, the latter always prevails.
LUDWIG VON MISESThe real bosses, in the capitalist system of market economy, are the consumers.
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.
LUDWIG VON MISESThe riches of successful entrepreneurs is not the cause of anybody’s poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur’s efforts.
LUDWIG VON MISESThe entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
LUDWIG VON MISESThe alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
LUDWIG VON MISES