Depression is the aftermath of credit expansion.

Depression is the aftermath of credit expansion.

Ludwig von Mises

Unemployment doles can have no other effect than the perpetuation of unemployment.

Unemployment doles can have no other effect than the perpetuation of unemployment.

The first thing a genius needs is to breath free air.

The first thing a genius needs is to breath free air.

He who serves the public best, makes the highest profits.

He who serves the public best, makes the highest profits.

The issue is always the same: the government or the market. There is no third solution.

The issue is always the same: the government or the market. There is no third solution.

Taxing profits is tantamount to taxing success.

Taxing profits is tantamount to taxing success.

The real bosses, in the capitalist system of market economy, are the consumers.

The real bosses, in the capitalist system of market economy, are the consumers.

German Marxian's coined the dictum: If socialism is against human nature, then human nature must be changed.

German Marxian's coined the dictum: If socialism is against human nature, then human nature must be changed.

The market is a democracy in which every penny gives a right to vote.

The market is a democracy in which every penny gives a right to vote.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Historical knowledge is indispensable for those who want to build a better world.

Historical knowledge is indispensable for those who want to build a better world.

Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.

Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.

Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.

Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.

Whoever wishes peace among peoples must fight statism.

Whoever wishes peace among peoples must fight statism.

The criterion of truth is that it works even if nobody is prepared to acknowledge it.

The criterion of truth is that it works even if nobody is prepared to acknowledge it.

Under capitalism everybody is the architect of his own fortune.

Under capitalism everybody is the architect of his own fortune.

Freedom really means the freedom to make mistakes.

Freedom really means the freedom to make mistakes.

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

Government cannot make man richer, but it can make him poorer.

Government cannot make man richer, but it can make him poorer.