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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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A.E. Samaan

"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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A.E. Samaan

"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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A.E. Samaan

"Market economy favors the have against the have not."

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A.E. Samaan

"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."

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A.E. Samaan

"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."

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A.E. Samaan

"Economics is extremely useful as a form of employment for economists."

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A.E. Samaan

"My first priority is growing this economy in the long term, and stimulating it in the short term."

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A.E. Samaan

"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."

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A.E. Samaan

"Know that each acre of fallow ought to support yearly two sheep at the least, then a hundred acres of fallow can support two hundred sheep, two hundred acres, four hundred sheep and so on."

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A.E. Samaan

"The ways by which you may get your money almost without exception lead downward. To have done anything by which you earn money 'merely' is to be truly idle or worse. If the labourer gets no more than the wages which his employer pays him, he is cheated, he cheats himself.. If I should sell both my forenoons and afternoons to society, as most appear to do, I am sure that for me there would be nothing left worth living for.. You must get your living by loving."

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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."
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Ludwig von Mises
"The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest."
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Ludwig von Mises
"Whoever wishes peace among peoples must fight statism."
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Ludwig von Mises
"Society has arisen out of the works of peace; the essence of society is peacemaking."
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Ludwig von Mises
"Innovation is the whim of an elite before it becomes a need of the public."
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Ludwig von Mises
"It has been proposed that monetary liabilities should be settled in terms of gold and not according to their nominal amount. If this proposal were adopted, for each mark that had been borrowed that sum would have to be repaid that could at the time of repayment buy the same weight of gold as one mark could at the time when the debt contract was entered into. The fact that such proposals are now put forward and meet with approval shows that etatism has already lost its hold on the monetary system and that inflationary policies are inevitably approaching their end. Even only a few years ago, such a proposal would either have been ridiculed or else branded as high treason."
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Ludwig von Mises
"When the price of coal falls because production has increased while demand has remained unaltered, then, for example, those retailers are involved who have taken supplies from the wholesale dealers at the old higher price but are now able to dispose of them only at the new and lower price. But this alone will not account for all the social changes brought about by the increase of production of coal. The increase in the supply of coal will have improved the economic position of the community."
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Ludwig von Mises
"Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people. But, of course, these motorcars, television sets and refrigerators do not make a man happy. In the instant in which he acquires them, he may feel happier than he did before. But as soon as some of his wishes are satisfied, new wishes spring up. Such is human nature."
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Ludwig von Mises
"Socialism is an alternative to capitalism as potassium cyanide is an alternative to water."
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Ludwig von Mises
"A metallic money, the augmentation or diminution of the quantity of metal available for which is independent of deliberate human intervention, is becoming the modern monetary ideal. The significance of adherence to a metallic-money system lies in the freedom of the value of money from State influence that such a system guarantees."
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