It 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.
LUDWIG VON MISESFree 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.
More Ludwig von Mises Quotes
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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A free press can only exist where there is private control over the means of production
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None 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.
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The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed.
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The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
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Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
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The most serious dangers for American freedom and the American way of life do not come from without.
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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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There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
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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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Unemployment doles can have no other effect than the perpetuation of unemployment.
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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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He who serves the public best, makes the highest profits.
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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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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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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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In a battle between force and an idea, the latter always prevails.
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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.
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Liberty is meaningless if it is only the liberty to agree with those in power.
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To 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.
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It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
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The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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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.
LUDWIG VON MISES