The criterion of truth is that it works even if nobody is prepared to acknowledge it.
LUDWIG VON MISESThe criterion of truth is that it works even if nobody is prepared to acknowledge it.
More Ludwig von Mises Quotes
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It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
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State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
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Under capitalism everybody is the architect of his own fortune.
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The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
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[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
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Depression is the aftermath of credit expansion.
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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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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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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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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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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
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Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen.
LUDWIG VON MISES