The market economy as such does not respect political frontiers. Its field is the world. — Ludwig von Mises Copy Share Image
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share Image
The market economy-capitalism-is a social system of consumers' supremacy. — Ludwig von Mises Copy Share Image
The real bosses, in the capitalist system of market economy, are the consumers. — Ludwig von Mises Copy Share Image
Depressions and mass unemployment are not caused by the free market but by government interference in the economy. — Ludwig von Mises Copy Share Image
The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St.… — Ludwig von Mises Copy Share Image
Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied...… — Ludwig von Mises Copy Share Image
Economics is not about things and tangible material objects; it is about men, their meanings and actions. — Ludwig von Mises Copy Share Image
Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the… — Ludwig von Mises Copy Share Image
What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market… — Ludwig von Mises Copy Share Image
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed… — Ludwig von Mises Copy Share Image
As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of… — Ludwig von Mises Copy Share Image
There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the… — Ludwig von Mises Copy Share Image
Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand… — Ludwig von Mises Copy Share Image
The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy,… — Ludwig von Mises Copy Share Image
The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts… — Ludwig von Mises Copy Share Image
Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is… — Ludwig von Mises Copy Share Image
In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined.… — Ludwig von Mises Copy Share Image
The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of… — Ludwig von Mises Copy Share Image
Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public… — Ludwig von Mises Copy Share Image
The luxury of today is the necessity of tomorrow. Every advance first comes into being as the luxury of a few rich… — Ludwig von Mises Copy Share Image
A famous, very often quoted phrase says: "That government is best, which governs least." I do not believe this to be a… — Ludwig von Mises Copy Share Image
The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living… — Ludwig von Mises Copy Share Image
If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary… — Ludwig von Mises Copy Share Image
Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme… — Ludwig von Mises Copy Share Image
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in… — Ludwig von Mises Copy Share Image
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from… — Ludwig von Mises Copy Share Image
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy. — Ludwig von Mises Copy Share Image
The Welfare State is merely a method for transforming the market economy step by step into socialism. — Ludwig von Mises Copy Share Image
Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter. — Ludwig von Mises Copy Share Image
Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy. — Ludwig von Mises Copy Share Image
It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production… — Ludwig von Mises Copy Share Image
What is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors,… — Ludwig von Mises Copy Share Image
Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory… — Ludwig von Mises Copy Share Image
Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which… — Ludwig von Mises Copy Share Image
In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord.… — Ludwig von Mises Copy Share Image
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other… — Ludwig von Mises Copy Share
Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest… — Ludwig von Mises Copy Share
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share
“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims… — Ludwig von Mises Copy Share
Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages… — Ludwig von Mises Copy Share
The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent… — Ludwig von Mises Copy Share
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense… — Ludwig von Mises Copy Share
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share
What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at… — Ludwig von Mises Copy Share
In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold… — Ludwig von Mises Copy Share
All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave… — Ludwig von Mises Copy Share
The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social… — Ludwig von Mises Copy Share
Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life;… — Ludwig von Mises Copy Share
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and… — Ludwig von Mises Copy Share
