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.
LUDWIG VON MISESAll they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.
LUDWIG VON MISESMany who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISESIt is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
LUDWIG VON MISESLaissez 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.
LUDWIG VON MISESDepression is the aftermath of credit expansion.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
LUDWIG VON MISESEvery socialist is a disguised dictator.
LUDWIG VON MISESGovernment spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
LUDWIG VON MISESTheir 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.
LUDWIG VON MISESThey call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent.
LUDWIG VON MISESThere is no means of avoiding the final collapse of a boom brought about by credit expansion.
LUDWIG VON MISESThe real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISESFreedom really means the freedom to make mistakes.
LUDWIG VON MISESThe causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
LUDWIG VON MISESState interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
LUDWIG VON MISESA society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
LUDWIG VON MISES