If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.
Ludwig von MisesThe essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of economic conditions.
Ludwig von MisesThe gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
Ludwig von MisesThe masses do not like those who surpass them in any regard. The average man envies and hates those who are different.
Ludwig von MisesThere were nowhere more docile disciples of Lenin, Trotsky and Stalin than the Nazis were.
Ludwig von Mises