Economics is not about things and tangible material objects; it is about men, their meanings and actions.
LUDWIG VON MISESSocialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
More Ludwig von Mises Quotes
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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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True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
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A new type of superstition has got hold of people’s minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
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If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
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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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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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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.
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The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction.
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A higher standard of living also brings about a higher standard of culture and civilization.
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The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.
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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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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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Historical knowledge is indispensable for those who want to build a better world
LUDWIG VON MISES