Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
LUDWIG VON MISESCapitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
More Ludwig von Mises Quotes
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Historical knowledge is indispensable for those who want to build a better world
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State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
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Taxing profits is tantamount to taxing success.
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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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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 entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
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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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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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Do not give in to evil, but proceed ever more boldly against it.
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It is important to remember that government interference always means either violent action or the threat of such action.
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Freedom really means the freedom to make mistakes.
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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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Depression is the aftermath of credit expansion.
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Liberty is meaningless if it is only the liberty to agree with those in power.
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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