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.
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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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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Do not give in to evil, but proceed ever more boldly against it.
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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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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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Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
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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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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 issue is always the same: the government or the market. There is no third solution.
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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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Under capitalism everybody is the architect of his own fortune.
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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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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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He who is unfit to serve his fellow citizens wants to rule them.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
LUDWIG VON MISES