The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
LUDWIG VON MISESTaxing profits is tantamount to taxing success.
More Ludwig von Mises Quotes
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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 worst evils which mankind has ever had to endure were inflicted by bad governments.
LUDWIG VON MISES -
Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
LUDWIG VON MISES -
The Welfare State is merely a method for transforming the market economy step by step into socialism.
LUDWIG VON MISES -
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.
LUDWIG VON MISES -
The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
LUDWIG VON MISES -
Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
LUDWIG VON MISES -
The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
LUDWIG VON MISES -
Unemployment doles can have no other effect than the perpetuation of unemployment.
LUDWIG VON MISES -
The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
LUDWIG VON MISES -
The real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISES -
Taxing profits is tantamount to taxing success.
LUDWIG VON MISES -
The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
LUDWIG VON MISES -
The most serious dangers for American freedom and the American way of life do not come from without.
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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.
LUDWIG VON MISES