Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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 worst evils which mankind ever had to endure were inflicted by governments.
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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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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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What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.
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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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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 philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
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He who is unfit to serve his fellow citizens wants to rule them.
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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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Under capitalism everybody provides for their own needs by serving others.
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Under capitalism everybody is the architect of his own fortune.
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The most serious dangers for American freedom and the American way of life do not come from without.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
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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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Every socialist is a disguised dictator.
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Depression is the aftermath of credit expansion.
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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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It is important to remember that government interference always means either violent action or the threat of such action.
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If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
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The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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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.
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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