Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
LUDWIG VON MISESNone can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
More Ludwig von Mises Quotes
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Liberty is always freedom from the government.
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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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Every socialist is a disguised dictator.
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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 -
True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
LUDWIG VON MISES -
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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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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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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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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The most serious dangers for American freedom and the American way of life do not come from without.
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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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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
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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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Unemployment doles can have no other effect than the perpetuation of unemployment.
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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
LUDWIG VON MISES






