Under capitalism everybody provides for their own needs by serving others.
LUDWIG VON MISESAs 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.
More Ludwig von Mises Quotes
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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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All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out
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Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
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Taxing profits is tantamount to taxing success.
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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 truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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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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The market is a democracy in which every penny gives a right to vote.
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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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A higher standard of living also brings about a higher standard of culture and civilization.
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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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What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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The state can be and has often been in the course of history the main source of mischief and disaster.
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In a battle between force and an idea, the latter always prevails.
LUDWIG VON MISES