“There has been much talk about the alleged exploitation of the debtor nations by the creditor nations. But if the concept of… — 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
All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the… — 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
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 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
The system that would stand midway between capitalism and socialism. — Ludwig von Mises Copy Share Image
There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against… — Ludwig von Mises Copy Share Image
Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon… — Ludwig von Mises Copy Share Image
All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by… — Ludwig von Mises Copy Share Image
Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism… — Ludwig von Mises Copy Share Image
Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities… — Ludwig von Mises Copy Share Image
Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods. — Ludwig von Mises Copy Share Image
“If one prevents a man from working for the good of society while at the same time providing for the satisfaction of… — Ludwig von Mises Copy Share Image
“It is irrelevant to the entrepreneur, as the servant of the consumers, whether the wishes and wants of the consumers are wise… — 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 Image
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 Image
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share Image
“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 Image
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 Image
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 Image
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 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
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 Image
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 Image
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 Image