My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline.
Ludwig von MisesFor it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.
Ludwig von MisesInterventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps.
Ludwig von MisesMany who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
Ludwig von MisesCapitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small รฉlite.
Ludwig von Mises