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The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Average
American
Medici
Enjoy
Amenities
Would
Envied
Enjoys
Louis
Worker
Workers

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The democracy of the market consists in the fact that people themselves make their choices and that no dictator has the power to force them to submit to his value judgments.
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If the government objects to monopoly prices for new inventions, it should stop granting patents.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.
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In talking about equality and asking vehemently for its realization, nobody advocates a curtailment of his own present income.
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War prosperity is like the prosperity that an earthquake or a plague brings.
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It is always the individual who thinks. Society does not think any more than it eats or drinks. The evolution of human reasoning from the naive thinking of primitive man to the more subtle thinking of modern science took place within society. However, thinking itself is always an achievement of individuals.
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Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.
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There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.
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Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.
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The main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of violent conflict have branded it as a dismal science and why this age of wars, civil wars, and destruction has no use for it.
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Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
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Aggressors cannot wage total war without introducing Socialism.
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In the long run even the most despotic governments with all their brutality and cruelty are no match for ideas. Eventually the ideology that has won the support of the majority will prevail and cut the ground from under the tyrant's feet. Then the oppressed many will rise in rebellion and overthrow their masters.
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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought to celebrate earthquakes and cholera as stimulators of the productive forces in the general interest.
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Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.
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The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize modern civilization, therefore, begins with private property.
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The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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He who serves the public best, makes the highest profits.
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