As 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 MISESCapitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
More Ludwig von Mises Quotes
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The issue is always the same: the government or the market. There is no third solution.
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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.
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The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
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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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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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Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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The final outcome of the credit expansion is general impoverishment.
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A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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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.
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He who serves the public best, makes the highest profits.
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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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The market is a democracy in which every penny gives a right to vote.
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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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The state can be and has often been in the course of history the main source of mischief and disaster.
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In a battle between force and an idea, the latter always prevails.
LUDWIG VON MISES