The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
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.
LUDWIG VON MISES -
Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
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Under capitalism everybody provides for their own needs by serving others.
LUDWIG VON MISES -
The mark of the creative mind is that it defies a part of what it has learned.
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
LUDWIG VON MISES -
The most serious dangers for American freedom and the American way of life do not come from without.
LUDWIG VON MISES -
The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISES -
Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISES -
If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
LUDWIG VON MISES -
The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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He who is unfit to serve his fellow citizens wants to rule them.
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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.
LUDWIG VON MISES -
All they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.
LUDWIG VON MISES -
Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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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.
LUDWIG VON MISES