Economics is not about things and tangible material objects; it is about men, their meanings and actions.
LUDWIG VON MISES[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
More Ludwig von Mises Quotes
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Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
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A free press can only exist where there is private control over the means of production
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For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
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The market is a democracy in which every penny gives a right to vote.
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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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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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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.
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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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Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
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The final outcome of the credit expansion is general impoverishment.
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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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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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Taxing profits is tantamount to taxing success.
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In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
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Depression is the aftermath of credit expansion.
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