Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
LUDWIG VON MISESSociety has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
More Ludwig von Mises Quotes
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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 final outcome of the credit expansion is general impoverishment.
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What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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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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The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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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 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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Liberty is meaningless if it is only the liberty to agree with those in power.
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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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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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The market is a democracy in which every penny gives a right to vote.
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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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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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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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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.
LUDWIG VON MISES