Depression is the aftermath of credit expansion.
LUDWIG VON MISESThe real bosses, in the capitalist system of market economy, are the consumers.
More Ludwig von Mises Quotes
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The worst evils which mankind ever had to endure were inflicted by governments.
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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 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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Historical knowledge is indispensable for those who want to build a better world
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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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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Under capitalism everybody provides for their own needs by serving others.
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The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
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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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Liberty is always freedom from the government.
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Every socialist is a disguised dictator.
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The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value.
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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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There is no means by which anyone can evade his personal responsibility.
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The state can be and has often been in the course of history the main source of mischief and disaster.
LUDWIG VON MISES