The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value.
LUDWIG VON MISESIt is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
More Ludwig von Mises Quotes
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Do not give in to evil, but proceed ever more boldly against it.
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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
LUDWIG VON MISES -
The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
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Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
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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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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
LUDWIG VON MISES -
The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Under capitalism everybody provides for their own needs by serving others.
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The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
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There is no means by which anyone can evade his personal responsibility.
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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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Freedom really means the freedom to make mistakes.
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Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
LUDWIG VON MISES