There is no means of avoiding the final collapse of a boom brought about by credit expansion.
LUDWIG VON MISESA higher standard of living also brings about a higher standard of culture and civilization.
More Ludwig von Mises Quotes
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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.
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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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Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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Freedom really means the freedom to make mistakes.
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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 fundamental law of the market is: the customer is always right.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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The mark of the creative mind is that it defies a part of what it has learned.
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A new type of superstition has got hold of people’s minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
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The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
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The worst evils which mankind ever had to endure were inflicted by governments.
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Government cannot make man richer, but it can make him poorer.
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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.
LUDWIG VON MISES