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.
LUDWIG VON MISESThe liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
More Ludwig von Mises Quotes
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Under capitalism everybody is the architect of his own fortune.
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
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It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
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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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The most serious dangers for American freedom and the American way of life do not come from without.
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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 causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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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 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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Historical knowledge is indispensable for those who want to build a better world
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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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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Do not give in to evil, but proceed ever more boldly against it.
LUDWIG VON MISES