All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of affairs which - from the point of view of their authors and advocates valuations - is less desirable than the previous state of affairs which they were designed to alter. β¨ Ludwig Von Mises (1944). Bureaucracy
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- There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.
- There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of f β¦ βΆ
- Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend toward socialism and despotism is common-sense and moral courage. β¦ βΆ
- The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business acti β¦ βΆ
- Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. β¨ Ludwig Von Mises (1960). Epistemological Problems of Economics, p.243, L β¦ βΆ
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