Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.
Ludwig von MisesThe essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
Ludwig von MisesWelfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to attain, but - on the contrary - bring about a state of affairs which - from the very point of view of the government and its supporters - is even more unsatisfactory than the previous state of affairs they wanted to 'improve.'
Ludwig von MisesThose who satisfy the wants of a smaller number of people only collect fewer votes-dollars-than those who satisfy the wants of more people.
Ludwig von MisesWhether 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 Mises