All present-day governments are fanatically committed to an easy money policy. — 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
Public opinion always wants easy money, that is, low interest rates. — 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
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
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
There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom. — 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
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
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
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
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
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
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
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
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
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
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
“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
“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
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
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
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
“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
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
Only the naive inflationist's could believe that government could enrich mankind through fiat money. — 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
[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
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
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
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
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
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
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
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
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 at surrounding it with an unfavorable aura by bringing in extrascientific, emotional considerations is best shown by the fact that one can, with as much justice, call those people "optimists" who are convinced that the construction… — 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 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 of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is… — 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 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