Capital is not a free gift of God or of nature. It is the outcome of a provident restriction of consumption on… — Ludwig von Mises Copy Share Image
A nation cannot prosper if its members are not fully aware of the fact that what alone can improve their condition s… — Ludwig von Mises Copy Share Image
The essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of… — Ludwig von Mises Copy Share Image
The policies advocated by the welfare school remove the incentive to saving on the part of private citizens. — Ludwig von Mises Copy Share Image
He who accepts life for what it is and never allows himself to be overwhelmed by it does not need to seek… — Ludwig von Mises Copy Share Image
The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital… — Ludwig von Mises Copy Share Image
What makes small business develop into big business is not spending, but saving and capital accumulation. — Ludwig von Mises Copy Share Image
History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction… — 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
