The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISESThe greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
More Ludwig von Mises Quotes
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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Historical knowledge is indispensable for those who want to build a better world
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He who is unfit to serve his fellow citizens wants to rule them.
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The issue is always the same: the government or the market. There is no third solution.
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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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For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
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Do not give in to evil, but proceed ever more boldly against it.
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It is important to remember that government interference always means either violent action or the threat of such action.
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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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The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
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A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
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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