Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.
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 MisesEvery step toward the elimination of profit is progress on the way toward social disintegration.
Ludwig von MisesThese people talk of a "middle-of-the-road" policy. What they do not see is that the isolated interference, which means the interference with only one small part of the economic system, brings about a situation which the government itself — and the people who are asking for government interference — find worse than the conditions they wish to abolish: the people who are asking for rent control are very angry when they discover there is a shortage of apartments and a shortage of housing.
Ludwig von MisesWhat is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors, and the entrepreneurs, operating in a market economy as far as it is not sabotaged by the endeavors of the nonprogressive majority of the routinists and the public policies supported by them.
Ludwig von Mises