The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISESGovernment is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
More Ludwig von Mises Quotes
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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.
LUDWIG VON MISES -
The first requisite for a better social order is the return to unrestricted freedom of thought and speech.
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Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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Under capitalism everybody provides for their own needs by serving others.
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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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Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
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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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The issue is always the same: the government or the market. There is no third solution.
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In a battle between force and an idea, the latter always prevails.
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
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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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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
LUDWIG VON MISES