Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
LUDWIG VON MISESHe who serves the public best, makes the highest profits.
More Ludwig von Mises Quotes
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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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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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He who is unfit to serve his fellow citizens wants to rule them.
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In a battle between force and an idea, the latter always prevails.
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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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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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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
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A 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.
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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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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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It is important to remember that government interference always means either violent action or the threat of such action.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
LUDWIG VON MISES