The mark of the creative mind is that it defies a part of what it has learned.
LUDWIG VON MISESThe gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
More Ludwig von Mises Quotes
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
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He who serves the public best, makes the highest profits.
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The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
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The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
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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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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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Under capitalism everybody provides for their own needs by serving others.
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The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are.
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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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Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen.
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Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.
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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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Liberty is meaningless if it is only the liberty to agree with those in power.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
LUDWIG VON MISES