The real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISESThe real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISESThe causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
LUDWIG VON MISESUnemployment doles can have no other effect than the perpetuation of unemployment.
LUDWIG VON MISESThe worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
LUDWIG VON MISESGovernment is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
LUDWIG VON MISESSociety has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
LUDWIG VON MISESNone can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
LUDWIG VON MISESHe who serves the public best, makes the highest profits.
LUDWIG VON MISESThe mark of the creative mind is that it defies a part of what it has learned.
LUDWIG VON MISESCapitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
LUDWIG VON MISESThe entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
LUDWIG VON MISESTo the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
LUDWIG VON MISESMany who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISESThe final outcome of the credit expansion is general impoverishment.
LUDWIG VON MISESThe criterion of truth is that it works even if nobody is prepared to acknowledge it.
LUDWIG VON MISESThe struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
LUDWIG VON MISES