The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy. — Ludwig von Mises Copy Share Image
The market system is the basis of our civilization. Its only alternative is the Führer principle. — 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
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy. — Ludwig von Mises Copy Share Image
Within the market society each serves all his fellow citizens and each is served by them. It is a system of mutual… — Ludwig von Mises Copy Share Image
The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for… — Ludwig von Mises Copy Share Image
What makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of… — 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
The market is not a place, a thing, or a collective entity. The market is a process, actuated by the interplay of… — Ludwig von Mises Copy Share Image
Competition on the market aims at assigning to every individual that function in the social system in which he can render to… — 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
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
All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters,… — 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
The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production.… — 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
Political ideas that have dominated the public mind for decades cannot be refuted through rational arguments. They must run their course in… — 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
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
On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the… — Ludwig von Mises Copy Share Image
The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are… — Ludwig von Mises Copy Share Image
It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future… — Ludwig von Mises Copy Share Image
There is simply no other choice than this: either to abstain from interference in the free play of the market, or to… — 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
![“All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.” quote by Ludwig von Mises](https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png)
![“It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future event. In order to anticipate correctly they must also anticipate correctly the quantity as it were of each factor's contribution and the instant at which its contribution will…” quote by Ludwig von Mises](https://sms4smile.com/quotes/i/474/ludwig-von-mises-364_anticipate_it-is-not-enough-for-the-investor-to-kno_938558.png)
