Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
LUDWIG VON MISESThe worst evils which mankind ever had to endure were inflicted by governments.
More Ludwig von Mises Quotes
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They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
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Liberty is always freedom from the government.
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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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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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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
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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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The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
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Freedom really means the freedom to make mistakes.
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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 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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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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The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion, freedom from imprisonment without trial-that all these freedoms can be preserved in the absence of what is called economic freedom.
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