Quotes

Displaying 41 - 50 of 1314

Socialism p. 286

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In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism.

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A Critique of Interventionism p. 84

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The sharper the competition, the better it serves its social function to improve economic production.

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Theory and History p. 245

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Behaviorism fails to explain why different people adjust themselves to the same conditions in different ways.

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Nation, State, and Economy p. 154

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War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.

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Liberalism p. 58

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The whole of mankinds progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

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Omnipotent Government p. 117

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The private life of a modern entrepreneur or executive differs much less from that of his employees than, centuries ago, the life of a feudal landlord differed from that of his serfs.

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Nation, State, and Economy p. 219

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Perhaps they think that they will exercise power for the general good, but that is what all those with power have believed. Power is evil in itself, regardless of who exercises it.

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Theory and History pp. 12425

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Marxs economic teachings are essentially a garbled rehash of the theories of Adam Smith and, first of all, of Ricardo.

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Austrian Economics: An Anthology p. 125

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On the market it is not mankind, the state, or the corporative unit that acts, but individual men and groups of men, and that their valuations and their actions are decisive, not those of abstract collectives.

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Omnipotent Government p. 102

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The enormous transfer of capital from Western Europe to the rest of the world was one of the outstanding events of the age of capitalism. It has developed natural resources in the remotest areas. It has raised the standard of living of peoples who from time immemorial had not achieved any...

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