The fundamental law of the market is: the customer is always right.
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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Freedom really means the freedom to make mistakes.
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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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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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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.
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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
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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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For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
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Liberty is meaningless if it is only the liberty to agree with those in power.
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[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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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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Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
LUDWIG VON MISES