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.
LUDWIG VON MISESThe mark of the creative mind is that it defies a part of what it has learned.
More Ludwig von Mises Quotes
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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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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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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 mark of the creative mind is that it defies a part of what it has learned.
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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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.
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In a battle between force and an idea, the latter always prevails.
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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 an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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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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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.
LUDWIG VON MISES






