The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
LUDWIG VON MISESThe 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.
More Ludwig von Mises Quotes
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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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There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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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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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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Taxing profits is tantamount to taxing success.
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German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
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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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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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The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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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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Do not give in to evil, but proceed ever more boldly against it.
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Government cannot make man richer, but it can make him poorer.
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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.
LUDWIG VON MISES