A higher standard of living also brings about a higher standard of culture and civilization.
LUDWIG VON MISESTaxing profits is tantamount to taxing success.
More Ludwig von Mises Quotes
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In a battle between force and an idea, the latter always prevails.
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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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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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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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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 entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
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The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
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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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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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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!
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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.
LUDWIG VON MISES