The real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISESThis 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.
More Ludwig von Mises Quotes
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He who is unfit to serve his fellow citizens wants to rule them.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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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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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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The most serious dangers for American freedom and the American way of life do not come from without.
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The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are.
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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 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.
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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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The riches of successful entrepreneurs is not the cause of anybody’s poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur’s efforts.
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The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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The worst evils which mankind ever had to endure were inflicted by governments.
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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 champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
LUDWIG VON MISES