Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public services and undertakings. Private enterprise on the other hand naturally induces the owner to work with the greatest economy in his own interest.
Ludwig von MisesDo the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?
Ludwig von MisesCapitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.
Ludwig von MisesWhat those people who ask for equality have in mind is always an increase in their own power to consume.
Ludwig von Mises