The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
LUDWIG VON MISESThe whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
More Ludwig von Mises Quotes
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As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
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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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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.
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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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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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A free press can only exist where there is private control over the means of production
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The issue is always the same: the government or the market. There is no third solution.
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The fundamental law of the market is: the customer is always right.
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Historical knowledge is indispensable for those who want to build a better world
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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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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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Government cannot make man richer, but it can make him poorer.
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The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
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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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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
LUDWIG VON MISES