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
If the present tax rates had been in effect from the beginning of our century, many who are millionaires today would live… — Ludwig von Mises Copy Share Image
The [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be… — Ludwig von Mises Copy Share Image
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
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
Public opinion always wants easy money, that is, low interest rates. — 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 philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.… — Ludwig von Mises Copy Share Image
Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates. — 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
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
What workers must learn is that the only reason why wage rates are higher in the United States is that the per… — 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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