It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
More Ludwig von Mises Quotes
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The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
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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 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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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
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A free press can only exist where there is private control over the means of production
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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
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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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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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The final outcome of the credit expansion is general impoverishment.
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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.
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All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out
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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
LUDWIG VON MISES