There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.
LUDWIG VON MISESPrivate 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.
More Ludwig von Mises Quotes
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This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
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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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The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
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The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
LUDWIG VON MISES -
Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen.
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He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES -
Liberty is meaningless if it is only the liberty to agree with those in power.
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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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Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
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For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.
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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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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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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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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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Government cannot make man richer, but it can make him poorer.
LUDWIG VON MISES