The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
LUDWIG VON MISESTo the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
More Ludwig von Mises Quotes
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The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
LUDWIG VON MISES -
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.
LUDWIG VON MISES -
The issue is always the same: the government or the market. There is no third solution.
LUDWIG VON MISES -
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.
LUDWIG VON MISES -
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
LUDWIG VON MISES -
Government cannot make man richer, but it can make him poorer.
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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
LUDWIG VON MISES -
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
LUDWIG VON MISES -
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
LUDWIG VON MISES -
The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
LUDWIG VON MISES -
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.
LUDWIG VON MISES -
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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The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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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!
LUDWIG VON MISES