Quotes of All Topics . Occasions . Authors
Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
Society is best served when the means of production are in the possession of those who know how to use them best.
Those politicians, professors and union bosses who curse big business are fighting for a lower standard of living.
No people and no part of a people shall be held against its will in a political association that it does not want.
Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.
Only one thing can conquer war-that attitude of mind which can see nothing in war but destruction and annihilation.
In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors.
A country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.
The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.
Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation.
The masses do not like those who surpass them in any regard. The average man envies and hates those who are different.
What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.
The uncouth hordes of common men are not fit to recognize duly the merits of those who eclipse their own wretchedness.
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.
Those who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.
Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that.
Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
Continued adherence to a policy of compulsory education is utterly incompatible with efforts to establish lasting peace.
No increase in the welfare of the member of society can result from the availability of an additional quantity of money.
Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.
Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.
How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.
Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.
The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.
Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.
The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.
He who only wishes and hopes does not interfere actively with the course of events and with the shaping of his own destiny.
Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.
To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war.
Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.
It is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process.
Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
In talking about equality and asking vehemently for its realization, nobody advocates a curtailment of his own present income.
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.
Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.
Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.