The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being. — 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 causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit. — Ludwig von Mises Copy Share Image
Every man aims at avoiding what causes him pain; the activities of government ultimately consist in the infliction of pain. All great… — 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
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
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
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