Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
LUDWIG VON MISESUnder capitalism everybody provides for their own needs by serving others.
More Ludwig von Mises Quotes
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The real bosses, in the capitalist system of market economy, are the consumers.
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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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Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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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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Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
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In a battle between force and an idea, the latter always prevails.
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The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
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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.
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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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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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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Freedom really means the freedom to make mistakes.
LUDWIG VON MISES






