A free press can only exist where there is private control over the means of production
LUDWIG VON MISESEvery government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
More Ludwig von Mises Quotes
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Depression is the aftermath of credit expansion.
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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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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The final outcome of the credit expansion is general impoverishment.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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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.
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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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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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The mark of the creative mind is that it defies a part of what it has learned.
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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
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Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
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A higher standard of living also brings about a higher standard of culture and civilization.
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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.
LUDWIG VON MISES