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"Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy."
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"We...advance toward a state of society in which not only each man but every impulse in each man claims carte blanche."
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Personal Development
"People are very busy; they are so busy that when they walk in the crowds they see no one, no one but themselves; they hear no voice, no voice but their own voice!"
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Personal Development
"Probably the people on the street know better than the people at home."
Author Name
Personal Development
"In a materialistic society, the dead body of a rich man's dog is regarded as a corpse; that of a poor man, a carcass."
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Personal Development
"People on corporate conveyor belts, like animals in slaughter-chutes are all part of the same big massacre of joy."
Author Name
Personal Development
"Poverty is like a crumb that sits at a table, and starves itself to death."
Author Name
Personal Development
"The action or inaction of any government does not negate the Personal Responsibility of the citizens."
Author Name
Personal Development
"If you have any hate in your heart, you will not be able to create a society that is just."
Author Name
Personal Development
"Keep your finger on the pulse of society, take controversies with a grain of salt, lick your finger and then lift it to the wind; always know what is going on, my friend, so this world can never steer you wrong again."
Author Name
Personal Development
"The journey of every ignorant and obedient society always ends up in the same place: In the desert!"
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Personal Development
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"Whoever wishes peace among peoples must fight statism."
Peace
"Society has arisen out of the works of peace; the essence of society is peacemaking."
Society
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
Economics
"If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers."
Economics
"A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation."
Economics
"That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really embrace all the policies that aim at an increase in the value of money. The aim of restrictionism may also be attained by not increasing the quantity of money when the demand for it increases, or by not increasing it enough. This method has quite often been adopted as a way of increasing the value of money in face of the problems of a depreciated credit-money standard."
Economics
"Neither has the wealth of a country any bearing on the valuation of its money. Nothing is more erroneous than the widespread habit of regarding the monetary standard as something in the nature of the shares of the State or the community.Such observers fail to recognize that the valuation of the rnonetary unit does not depend upon the wealth of the country, but upon the ratio between the quantity of money and the demand for it, so that even the richest country may have a bad currency and the poorest country a good one."
Economics
"Praxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental, and individual circumstances of the concrete acts. Its cognition is purely formal and general without reference to the material content and the particular features of the actual case. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions and inferences. Its statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts."
Philosophy
"The philosophy of protectionism is a philosophy of war."
War
"Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulatesriches."
Economics
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