True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
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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The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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Taxing profits is tantamount to taxing success.
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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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Government cannot make man richer, but it can make him poorer.
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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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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.
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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.
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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 fundamental law of the market is: the customer is always right.
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For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.
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Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
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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 MISES






