Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
LUDWIG VON MISESIf you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
More Ludwig von Mises Quotes
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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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The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
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He who serves the public best, makes the highest profits.
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
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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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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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The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
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Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
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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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Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
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The worst evils which mankind ever had to endure were inflicted by governments.
LUDWIG VON MISES






