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 MISESA higher standard of living also brings about a higher standard of culture and civilization.
More Ludwig von Mises Quotes
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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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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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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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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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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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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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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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 entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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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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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out
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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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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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