Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.
Ludwig von MisesIt is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced the capitalist order, everyone would become poorer.
Ludwig von MisesAmerican authors or scientists are prone to consider the wealthy businessman as a barbarian, as a man exclusively intent upon making money.
Ludwig von MisesSociety has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
Ludwig von MisesMany pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor cars, airplanes, radio sets, refrigerators, moving and talking pictures, and variety of less spectacular but no less useful innovations. These new products were certainly not an achievement of offices and bureaucrats.
Ludwig von Mises