The fundamental law of the market is: the customer is always right.
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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The market is a democracy in which every penny gives a right to vote.
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In a battle between force and an idea, the latter always prevails.
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Freedom really means the freedom to make mistakes.
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He who serves the public best, makes the highest profits.
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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.
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A higher standard of living also brings about a higher standard of culture and civilization.
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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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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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Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
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The main propoganda trick of supporters of the allegedly “progressive” policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas.
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None 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.
LUDWIG VON MISES -
Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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Depression is the aftermath of credit expansion.
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He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES