Quotes

Displaying 11 - 20 of 1314

Biography quote for Gottfried Haberler

07/30/2014Quotes
What in a communistic society is done upon a decision of the supreme economic council is in our individualistic society brought about by the collective but independent action of the individuals and carried out by the price mechanism.

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Hayek Quote on Equality and Totalitarianism

07/30/2014Quotes
A claim for equality of material position can be met only by a government with totalitarian powers.

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Biography quote for William Hutt

07/30/2014Quotes
The force of competition is not a destructive force. It is exactly the opposite. It is the sole principle of coordination in a complex world.

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Sennholz Quote on Sound Money

Money and Banking

07/30/2014Quotes
Sound money and free banking are not impossible; they are merely illegal. Freedom of money and freedom of banking... are the principles that must guide our steps.

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Hazlitt Quote on the One Lesson

Free Markets

07/30/2014Quotes
The art of economics consists of looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

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Turgot Quote on Economic Actors

Free Markets

07/30/2014Quotes
To suppose all consumers to be dupes, and all merchants and manufacturers to be cheats, has the effect of authorizing them to be so, and of degrading all the working members of the community.

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Jean-Baptiste Say Quote on Property Rights

Private Property

07/30/2014Quotes
There is no security of property, where a despotic authority can possess itself of the property of the subject against his consent. Neither is there such security, where the consent is merely nominal and delusive.

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Bastiat Quote on the Nature of Law

07/30/2014Quotes
Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.

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Biography quote for Ludwig von Mises

07/30/2014Quotes
The issue is always the same: the government or the market. There is no third solution.

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Biography quote for Böhm-Bawerk

07/30/2014Quotes
Labor cannot increase its share at the expense of capital.

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