Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
LUDWIG VON MISESThe worst evils which mankind has ever had to endure were inflicted by bad governments.
More Ludwig von Mises Quotes
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For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
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The real bosses, in the capitalist system of market economy, are the consumers.
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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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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
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Taxing profits is tantamount to taxing success.
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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Historical knowledge is indispensable for those who want to build a better world
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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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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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They 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.
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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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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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The fundamental law of the market is: the customer is always right.
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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.
LUDWIG VON MISES