Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new… — Ludwig von Mises Copy Share Image
One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new… — Ludwig von Mises Copy Share Image
Suggestion of the Communist Manifesto was 'abolition of all right of inheritance.' Looking backward upon the past history of estate taxes, we… — 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
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
Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which… — Ludwig von Mises Copy Share Image
The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion,… — 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
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
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