Freedom really means the freedom to make mistakes.
LUDWIG VON MISESInnovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
More Ludwig von Mises Quotes
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He who is unfit to serve his fellow citizens wants to rule them.
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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 important to remember that government interference always means either violent action or the threat of such action.
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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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Depression is the aftermath of credit expansion.
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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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Taxing profits is tantamount to taxing success.
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The fundamental law of the market is: the customer is always right.
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The mark of the creative mind is that it defies a part of what it has learned.
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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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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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It 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.
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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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The final outcome of the credit expansion is general impoverishment.
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The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
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They 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.
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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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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.
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The main propoganda trick of supporters of the allegedly “progressive” policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas.
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The state can be and has often been in the course of history the main source of mischief and disaster.
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He who serves the public best, makes the highest profits.
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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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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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If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
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The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
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The most serious dangers for American freedom and the American way of life do not come from without.
LUDWIG VON MISES