The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion, freedom from imprisonment without trial-that all these freedoms can be preserved in the absence of what is called economic freedom.
LUDWIG VON MISESThe philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
More Ludwig von Mises Quotes
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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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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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Do not give in to evil, but proceed ever more boldly against it.
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Historical knowledge is indispensable for those who want to build a better world
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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 pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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He who serves the public best, makes the highest profits.
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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Freedom really means the freedom to make mistakes.
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
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Under capitalism everybody is the architect of his own fortune.
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.
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The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
LUDWIG VON MISES