There is no reason why capitalists and entrepreneurs should be ashamed of earning profits. — Ludwig von Mises Copy Share Image
Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance… — Ludwig von Mises Copy Share Image
Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that. — Ludwig von Mises Copy Share Image
The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be… — 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
The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not… — Ludwig von Mises Copy Share Image
In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production — Ludwig von Mises Copy Share Image
In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent… — Ludwig von Mises Copy Share Image
For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they… — Ludwig von Mises Copy Share Image
When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which… — Ludwig von Mises Copy Share Image
The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment… — Ludwig von Mises Copy Share Image
We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of… — Ludwig von Mises Copy Share Image
The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the… — Ludwig von Mises Copy Share Image
The Reichswirtschaftsministerium ('Reich Ministry of Economic Affairs') tells the shop managers what and how to produce, at what prices and from whom… — Ludwig von Mises Copy Share Image
In capitalist enterprise there is no secure income and no security of wealth. — Ludwig von Mises Copy Share Image
Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is… — Ludwig von Mises Copy Share Image
The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences… — Ludwig von Mises Copy Share Image
Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to… — 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
It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced… — Ludwig von Mises Copy Share Image
Marx and Engels openly declared that the progressive income tax and the death tax are 'economically untenable' and that they advocated them… — 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
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
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
The capitalist system, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living… — 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