Under capitalism everybody is the architect of his own fortune.
LUDWIG VON MISESThe Welfare State is merely a method for transforming the market economy step by step into socialism.
More Ludwig von Mises Quotes
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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 gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
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They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
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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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This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
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What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.
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He who is unfit to serve his fellow citizens wants to rule them.
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The issue is always the same: the government or the market. There is no third solution.
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The most serious dangers for American freedom and the American way of life do not come from without.
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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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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
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Liberty is meaningless if it is only the liberty to agree with those in power.
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The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
LUDWIG VON MISES