Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
LUDWIG VON MISESThe alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
More Ludwig von Mises Quotes
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Under capitalism everybody provides for their own needs by serving others.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
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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 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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What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
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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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The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.
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Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
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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 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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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There is no means by which anyone can evade his personal responsibility.
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Planning other people’s actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
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Historical knowledge is indispensable for those who want to build a better world
LUDWIG VON MISES