Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
LUDWIG VON MISESThe 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.
More Ludwig von Mises Quotes
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The fundamental law of the market is: the customer is always right.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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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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In a battle between force and an idea, the latter always prevails.
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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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[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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The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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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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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 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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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 alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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The state can be and has often been in the course of history the main source of mischief and disaster.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
LUDWIG VON MISES