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Ludwig von Mises

"People must learn that the accumulation of wealth by the successfulconduct of business is the corollary of the improvement of their own standard ofliving and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenitieswhose enjoyment is called the "American way of life."

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"People must learn that the accumulation of wealth by the successfulconduct of business is the corollary of the improvement of their own standard ofliving and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenitieswhose enjoyment is called the "American way of life."

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Assegid Habtewold

"The economic base of a nation, is the foundation of the it's secrets."

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"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."

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Assegid Habtewold

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

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Assegid Habtewold

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"

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Assegid Habtewold

"During the gold rush its a good time to be in the pick and shovel business."

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Assegid Habtewold

"Wealth ... and poverty: the one is the parent of luxury and indolence and the other of meanness and vicious-ness and both of discontent."

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Assegid Habtewold

"If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy against which I was fighting in the 1930s."

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Assegid Habtewold

"U.S. companies earn more from their investments in the EU than in the rest of the world combined."

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Assegid Habtewold

"The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined."

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Assegid Habtewold

"European investment in Texas alone exceeds all U.S. investment in China and Japan put together."

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

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

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"The attainment of the economic aims of man presupposes peace."

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

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"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."

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Ludwig von Mises
"Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace."

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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."

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

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

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

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