Economics is not about things and tangible material objects; it is about men, their meanings and actions.
LUDWIG VON MISESTheir 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.
More Ludwig von Mises Quotes
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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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The worst evils which mankind ever had to endure were inflicted by 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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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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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
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Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.
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Freedom really means the freedom to make mistakes.
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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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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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The fundamental law of the market is: the customer is always right.
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Liberty is always freedom from the government.
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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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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
LUDWIG VON MISES