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.
LUDWIG VON MISESTaxing profits is tantamount to taxing success.
More Ludwig von Mises Quotes
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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Freedom really means the freedom to make mistakes.
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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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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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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Liberty is meaningless if it is only the liberty to agree with those in power.
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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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Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
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The real bosses, in the capitalist system of market economy, are the consumers.
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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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Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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The issue is always the same: the government or the market. There is no third solution.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
LUDWIG VON MISES