Depression is the aftermath of credit expansion.
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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A new type of superstition has got hold of people’s minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
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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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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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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
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It is important to remember that government interference always means either violent action or the threat of such action.
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The real bosses, in the capitalist system of market economy, are the consumers.
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He who is unfit to serve his fellow citizens wants to rule them.
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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 struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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The 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.
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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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What 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.
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The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
LUDWIG VON MISES






