Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
LUDWIG VON MISESUnder capitalism everybody provides for their own needs by serving others.
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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They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
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Historical knowledge is indispensable for those who want to build a better world
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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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The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
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The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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Liberty is always freedom from the government.
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Depression is the aftermath of credit expansion.
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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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The worst evils which mankind ever had to endure were inflicted by governments.
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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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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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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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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
LUDWIG VON MISES