In capitalist enterprise there is no secure income and no security of wealth. — Ludwig von Mises Copy Share Image
Public opinion always wants easy money, that is, low interest rates. — Ludwig von Mises Copy Share Image
All present-day governments are fanatically committed to an easy money policy. — Ludwig von Mises Copy Share Image
Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings. — Ludwig von Mises Copy Share Image
American authors or scientists are prone to consider the wealthy businessman as a barbarian, as a man exclusively intent upon making money. — Ludwig von Mises Copy Share Image
A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way. — Ludwig von Mises Copy Share Image
War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of… — Ludwig von Mises Copy Share Image
History has witnessed the failure of many endeavors to impose peace by war, cooperation by coercion, unanimity by slaughtering dissidents… A lasting… — Ludwig von Mises Copy Share Image
No increase in the welfare of the member of society can result from the availability of an additional quantity of money. — Ludwig von Mises Copy Share Image
[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a… — Ludwig von Mises Copy Share Image
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit. — 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
People must learn that the accumulation of wealth by the successful conduct of business is the corollary of the improvement of their… — Ludwig von Mises Copy Share Image
Many pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor… — Ludwig von Mises Copy Share Image
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised… — Ludwig von Mises Copy Share Image
Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But… — Ludwig von Mises Copy Share Image
True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the… — Ludwig von Mises Copy Share Image
What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is… — Ludwig von Mises Copy Share Image
The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers… — 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
Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum… — 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
“Granted, many of them replied, that socialism may not result in riches for all but rather in a smaller production of wealth;… — Ludwig von Mises Copy Share Image
Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and… — Ludwig von Mises Copy Share Image
“Nonetheless, many people, and especially intellectuals, passionately loathe capitalism. As they see it, this ghastly mode of society’s economic organization has brought… — Ludwig Von Mises Copy Share Image
Only the naive inflationist's could believe that government could enrich mankind through fiat money. — Ludwig von Mises Copy Share Image
Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand… — Ludwig von Mises Copy Share Image
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs. — Ludwig von Mises Copy Share Image
The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth. — Ludwig von Mises Copy Share Image
There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom. — Ludwig von Mises Copy Share Image
Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender… — Ludwig von Mises Copy Share Image
The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This… — Ludwig von Mises Copy Share Image
“Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand… — Ludwig von Mises Copy Share Image
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general… — Ludwig von Mises Copy Share Image
To the grumbler who complains about the unfairness of the market system only one piece of advice can be given: If you… — Ludwig von Mises Copy Share Image
The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is,… — 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
![“[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.” quote by Ludwig von Mises](https://sms4smile.com/q/img-quotes/e6b/ludwig-von-mises-364_anti-war_t-he-essence-of-so-called-war-prosperity_1473476.png)
