Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen.
LUDWIG VON MISESMany who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
More Ludwig von Mises Quotes
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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.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
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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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.
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If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
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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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Under capitalism everybody is the architect of his own fortune.
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The 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.
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It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
LUDWIG VON MISES