The 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 most serious dangers for American freedom and the American way of life do not come from without.
More Ludwig von Mises Quotes
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Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
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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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Every socialist is a disguised dictator.
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The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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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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He who is unfit to serve his fellow citizens wants to rule them.
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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 truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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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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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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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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Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
LUDWIG VON MISES