Production is not something physical, material, and external; it is a spiritual and intellectual phenomenon.
Ludwig von MisesKeynes did not teach us how to perform the miracle of turning a stone into bread, but the not at all miraculous procedure of eating the seed corn.
Ludwig von MisesTyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
Ludwig von MisesIt cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization. The merit that Fascism has thereby won for itself will live on eternally in history.
Ludwig von Mises