There is no means by which anyone can evade his personal responsibility.
LUDWIG VON MISESPlanning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
More Ludwig von Mises Quotes
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They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
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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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The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
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The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
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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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The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value.
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Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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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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They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
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The real bosses, in the capitalist system of market economy, are the consumers.
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Under capitalism everybody is the architect of his own fortune.
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Freedom really means the freedom to make mistakes.
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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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As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
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The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
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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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Do not give in to evil, but proceed ever more boldly against it.
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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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All they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.
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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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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
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The riches of successful entrepreneurs is not the cause of anybody’s poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur’s efforts.
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The final outcome of the credit expansion is general impoverishment.
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Government cannot make man richer, but it can make him poorer.
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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.
LUDWIG VON MISES