A higher standard of living also brings about a higher standard of culture and civilization.
LUDWIG VON MISESIf one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
More Ludwig von Mises Quotes
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The fundamental law of the market is: the customer is always right.
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The real bosses, in the capitalist system of market economy, are the consumers.
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The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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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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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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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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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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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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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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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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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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Depression is the aftermath of credit expansion.
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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
LUDWIG VON MISES