The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression.
Ludwig von MisesIf the government objects to monopoly prices for new inventions, it should stop granting patents.
Ludwig von MisesThe criterion of truth is that it works even if nobody is prepared to acknowledge it.
Ludwig von MisesAnarchism misunderstands the real nature of man. It would be practicable only in a world of angels and saints
Ludwig von Mises