Ludwig Von Mises

The mark of the creative mind is that it defies a part of what it has learned.

Those who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.

Civilization is a work of peaceful co-operation.

The genuine history of mankind is the history of ideas. It is _x000D_ ideas that distinguish man from all other beings. Ideas _x000D_ engender social institutions, political changes, technologi- _x000D_ cal methods of production, and all that is called economic _x000D_ conditions.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

It has always been the task of the new generation to provoke changes.

The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction. The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.

In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors.

This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen-and this is what freedom means-is in a position to choose his own way of life.

True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.

Historical knowledge is indispensable for those who want to build a better world

Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

Nobody can be at the same time a correct bureaucrat and an innovator

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.

The market is not a place, a thing, or a collective entity. The market is a process, actuated by the interplay of the actions of the various individuals cooperating under the division of labor.

The criterion of truth is that it works even if nobody is prepared to acknowledge it.

The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built.

True, man cannot escape death. But for the present he is alive; and life, not death, takes hold of him... It is mans innate nature that he seeks to preserve and to strengthen his life, that he is discontented and aims at removing uneasiness, that he is in search of what may be called happiness.

Nobody is in a position to decree what should make a fellow man happier.

Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that.

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.