The mark of the creative mind is that it defies a part of what it has learned.
LUDWIG VON MISESThe real bosses, in the capitalist system of market economy, are the consumers.
More Ludwig von Mises Quotes
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None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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The issue is always the same: the government or the market. There is no third solution.
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In a battle between force and an idea, the latter always prevails.
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The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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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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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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Under capitalism everybody provides for their own needs by serving others.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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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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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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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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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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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
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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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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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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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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
LUDWIG VON MISES