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 MisesWhat makes small business develop into big business is not spending, but saving and capital accumulation.
Ludwig von MisesWestern civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.
Ludwig von MisesThe standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
Ludwig von MisesIt is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future event. In order to anticipate correctly they must also anticipate correctly the quantity as it were of each factor's contribution and the instant at which its contribution will become effective.
Ludwig von Mises