Quotes

Displaying 31 - 40 of 1314

The Ultimate Foundation of Economic Science p. 45

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History in the broadest sense of the term is the totality of human experience.

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Human Action p. 283; p. 285

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The freedom of man under capitalism is an effect of competition.

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Economic Policy p. 5

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In the United States the competition to the railroadsin the form of busses, automobiles, trucks, and airplaneshas caused the railroads to suffer and to be almost completely defeated, as far as passenger transportation is concerned.

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Socialism p. 66

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Society is best served when the means of production are in the possession of those who know how to use them best.

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Liberalism p. 147

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If the goal of the Pan-European movement could be achieved, the world would not be in the least the better for it. The struggle of a united European continent against the great world powers outside its territory would be no less ruinous than is the present struggle of the countries of Europe among...

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The Theory of Money and Credit p. 460

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As there are in the field of social affairs no constant relations between magnitudes, no measurement is possible and economics can never become quantitative.

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Socialism p. 271

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It is an illusion to believe that one can maintain productivity and reduce the division of labor.

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Liberalism p. 105

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The goal of the domestic policy of liberalism is the same as that of its foreign policy: peace. It aims at peaceful cooperation just as much between nations as within each nation.

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The Ultimate Foundation of Economic Science p. 20

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Cognizance of the relation between a cause and its effect is the first step toward mans orientation in the world and is the intellectual condition of any successful activity.

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Bureaucracy pp. 20-21

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

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