German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
LUDWIG VON MISESGerman Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
LUDWIG VON MISESAs conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
LUDWIG VON MISESThe greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISESEconomics is not about things and tangible material objects; it is about men, their meanings and actions.
LUDWIG VON MISESHistorical knowledge is indispensable for those who want to build a better world
LUDWIG VON MISESWhoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen.
LUDWIG VON MISESThe 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.
LUDWIG VON MISESGovernment spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
LUDWIG VON MISESLiberty is meaningless if it is only the liberty to agree with those in power.
LUDWIG VON MISESThe gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
LUDWIG VON MISESInflation 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 .
LUDWIG VON MISESThe flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
LUDWIG VON MISESInnovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
LUDWIG VON MISESThey 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