German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
LUDWIG VON MISESEvery socialist is a disguised dictator.
More Ludwig von Mises Quotes
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Freedom really means the freedom to make mistakes.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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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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The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion, freedom from imprisonment without trial-that all these freedoms can be preserved in the absence of what is called economic freedom.
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The fundamental law of the market is: the customer is always right.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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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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The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.
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Every socialist is a disguised dictator.
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In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
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The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
LUDWIG VON MISES