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Ludwig von Mises

"The social function of economic science consists precisely in developing soundeconomic theories and in exploding the fallacies of vicious reasoning. In the pursuit ofthis task the economist incurs the deadly enmity of all mountebanks and charlatanswhose shortcuts to an earthly paradise he debunks. The less these quacks are able toadvance plausible objections to an economist's argument, the more furiously do theyinsult them."

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"The social function of economic science consists precisely in developing soundeconomic theories and in exploding the fallacies of vicious reasoning. In the pursuit ofthis task the economist incurs the deadly enmity of all mountebanks and charlatanswhose shortcuts to an earthly paradise he debunks. The less these quacks are able toadvance plausible objections to an economist's argument, the more furiously do theyinsult them."

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Assegid Habtewold

"The mentality of seeking miracles from one place to another is destructive to the economy."

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Personal Development

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Assegid Habtewold

"As troubles bring money, money in turn can also bring troubles."

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Assegid Habtewold

"I saw the poverty, I say the prosperity. Both have fundamental problems."

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Assegid Habtewold

"He was finding it ruinously expensive to be rich."

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Assegid Habtewold

"Anything which is physically possible can be made financially possible, if the people of a state desire it."

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Personal Development

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Assegid Habtewold

"Shenanigans is a financial model on the catwalk."

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Personal Development

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Assegid Habtewold

"If you despise increase, you are a strange personality in the society."

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Personal Development

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Assegid Habtewold

"Usually when people talk about the trickle-down theory, it has to do with economics. The richer people at the top of a society become, supposedly, the more wealth there is to trickle down to the people below. It never really works out that way, of course, because if there are 2 things people at the top can't stand, they have to be leakage and overflow."

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Assegid Habtewold

"Miracle focus messages compels masses to think that the process of production is not necessary for prosperity."

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Assegid Habtewold

"Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around."

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Ludwig von Mises
"The philosophy of protectionism is a philosophy of war."

War

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Ludwig von Mises
"War prosperity is like the prosperity that an earthquake or a plague brings."

War

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Ludwig von Mises
"The attainment of the economic aims of man presupposes peace."

Peace

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Ludwig von Mises
"If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace."

History

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Ludwig von Mises
"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."

Policy

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Ludwig von Mises
"Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man."

Nature

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Ludwig von Mises
"War... is harmful, not only to the conquered but to the conqueror."

War

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Ludwig von Mises
"Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation."

Attitude

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Ludwig von Mises
"Economically considered, war and revolution are always bad business."

Business

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Ludwig von Mises
"Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being."

Victory

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