There is no means of avoiding the final collapse of a boom brought about by credit expansion.
LUDWIG VON MISESThe truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
More Ludwig von Mises Quotes
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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
LUDWIG VON MISES -
The real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISES -
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
LUDWIG VON MISES -
The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
LUDWIG VON MISES -
The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
LUDWIG VON MISES -
Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISES -
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.
LUDWIG VON MISES -
Unemployment doles can have no other effect than the perpetuation of unemployment.
LUDWIG VON MISES -
None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
LUDWIG VON MISES -
Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.
LUDWIG VON MISES -
Do not give in to evil, but proceed ever more boldly against it.
LUDWIG VON MISES -
Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
LUDWIG VON MISES -
It is important to remember that government interference always means either violent action or the threat of such action.
LUDWIG VON MISES -
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.
LUDWIG VON MISES -
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
LUDWIG VON MISES