Quotes

Displaying 41 - 50 of 1314

Nation, State, and Economy p. 154

07/14/2014Quotes
War prosperity is like the prosperity that an earthquake or a plague brings. The earthquake means good business for construction workers, and cholera improves the business of physicians, pharmacists, and undertakers; but no one has for that reason yet sought to celebrate earthquakes and cholera as...

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The Ultimate Foundation of Economic Science p. 100

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No reform can render perfectly satisfactory the operation of an institution the essential activity of which consists in inflicting pain.

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Planning for Freedom p. 122

07/14/2014Quotes
There would not be any profits but for the eagerness of the public to acquire the merchandise offered for sale by the successful entrepreneur, but the same people who scramble for these articles vilify the businessman and call his profit ill-got.

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Nation, State, and Economy p. 21

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The beginnings of trade make understanding necessary between members of different tribes.

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Human Action p. 773; p. 779

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The issue is not the right to form associations. It is whether or not any association of private citizens should be granted the privilege of resorting with impunity to violent action. It is the same problem that relates to the activities of the Ku Klux Klan.

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Planning for Freedom p. 72

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Under socialism production is entirely directed by the orders of the central board of production management. The whole nation is an industrial army . . . and each citizen is bound to obey his superiors orders.

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Liberalism p. 160

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All modern political parties and all modern party ideologies originated as a reaction on the part of special group interests fighting for a privileged status against liberalism.

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Human Action p. 536; p. 539

07/14/2014Quotes
Every grant of credit is a speculative entrepreneurial venture, the success or failure of which is uncertain.

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Socialism p. 349

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Most cartels and trusts would never have been set up had not the governments created the necessary conditions by protectionist measures.

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Defense, Controls, and Inflation p. 109

07/14/2014Quotes
Continued inflation inevitably leads to catastrophe.

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