The comparatively greater prosperity of the United States is an outcome of the fact that the New Deal did not come in… — Ludwig von Mises Copy Share Image
Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a… — Ludwig von Mises Copy Share Image
War prosperity is like the prosperity that an earthquake or a plague brings. — Ludwig von Mises Copy Share Image
The boom produces impoverishment. But still more disastrous are its moral ravages. It makes people despondent and dispirited. The more optimistic they… — Ludwig von Mises Copy Share Image
As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in… — Ludwig von Mises Copy Share Image
Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and… — 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
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
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem. — 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 boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the… — Ludwig von Mises Copy Share Image
Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the… — Ludwig von Mises Copy Share Image
War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought 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 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
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