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A.R. Von Quotes: "The class of those who have the ability to think their own thoughts is separated by an unbridgeable gulf from the class of those who cannot."

The class of those who have the ability to think their own thoughts is separated by an unbridgeable gulf from the class of those who cannot.



A.R. Von Quotes: "As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug."

As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.




A.R. Von Quotes: "In life everything is continually in flux."

In life everything is continually in flux.



A.R. Von Quotes: "It is the worst of all superstitions to assume that the epistemological characteristics of one branch of knowledge must necessarily be applicable to any other branch."

It is the worst of all superstitions to assume that the epistemological characteristics of one branch of knowledge must necessarily be applicable to any other branch.




A.R. Von Quotes: "If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes."

If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes.



A.R. Von Quotes: "Aggressors cannot wage total war without introducing Socialism."

Aggressors cannot wage total war without introducing Socialism.



A.R. Von Quotes: "Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will."

Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.




A.R. Von Quotes: "Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual."

Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual.



A.R. Von Quotes: "History makes one wise, but not competent to solve concrete problems."

History makes one wise, but not competent to solve concrete problems.



A.R. Von Quotes: "Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates."

Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.



A.R. Von Quotes: "Inflation is essentially antidemocratic."

Inflation is essentially antidemocratic.



A.R. Von Quotes: "No increase in the welfare of the member of society can result from the availability of an additional quantity of money."

No increase in the welfare of the member of society can result from the availability of an additional quantity of money.




A.R. Von Quotes: "In order to succeed in business a man does not need a degree from a school of business administration. These schools train the subalterns for routine jobs. They certainly do not train entrepreneurs."

In order to succeed in business a man does not need a degree from a school of business administration. These schools train the subalterns for routine jobs. They certainly do not train entrepreneurs.



A.R. Von Quotes: "The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity."

The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity.



A.R. Von Quotes: "Government means always coercion and compulsion and is by necessity the opposite of liberty."

Government means always coercion and compulsion and is by necessity the opposite of liberty.



A.R. Von Quotes: "The only means to well-being is to increase the quantity of products. This is what business aims at."

The only means to well-being is to increase the quantity of products. This is what business aims at.



A.R. Von Quotes: "Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable."

Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.



A.R. Von Quotes: "In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain."

In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain.



A.R. Von Quotes: "Against nature and within nature there is no freedom."

Against nature and within nature there is no freedom.



A.R. Von Quotes: "The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment."

The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.



A.R. Von Quotes: "Scientific criticism has no nobler task than to shatter false beliefs."

Scientific criticism has no nobler task than to shatter false beliefs.



A.R. Von Quotes: "The tow pillars of democratic government are the primacy of the law and the budget."

The tow pillars of democratic government are the primacy of the law and the budget.



A.R. Von Quotes: "Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism."

Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.



A.R. Von Quotes: "Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government."

Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.



A.R. Von Quotes: "Reason and action are congeneric and homogenous, two aspects of the same phenomenon."

Reason and action are congeneric and homogenous, two aspects of the same phenomenon.



A.R. Von Quotes: "What impels every man to the utmost exertion in the service of his fellow man. Is, in the market not compulsion on the part of gendarmes, hangmen and penal courts, it is self interest."

What impels every man to the utmost exertion in the service of his fellow man. Is, in the market not compulsion on the part of gendarmes, hangmen and penal courts, it is self interest.



A.R. Von Quotes: "Public opinion always wants easy money, that is, low interest rates."

Public opinion always wants easy money, that is, low interest rates.



A.R. Von Quotes: "Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings."

Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings.



A.R. Von Quotes: "The people who think that the power of big business is enormous are mistaken"

The people who think that the power of big business is enormous are mistaken



A.R. Von Quotes: "What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse."

What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.



A.R. Von Quotes: "The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals."

The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.



A.R. Von Quotes: "The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'"

The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'



A.R. Von Quotes: "Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy."

Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.



A.R. Von Quotes: "The Santa Claus principle liquidates itself."

The Santa Claus principle liquidates itself.



A.R. Von Quotes: "The methods of the natural sciences cannot be applied to human behavior because this behaviorlacks the peculiarity that characterizes events in the field of the natural sciences, viz., regularity."

The methods of the natural sciences cannot be applied to human behavior because this behaviorlacks the peculiarity that characterizes events in the field of the natural sciences, viz., regularity.



A.R. Von Quotes: "American authors or scientists are prone to consider the wealthy businessman as a barbarian, as a man exclusively intent upon making money."

American authors or scientists are prone to consider the wealthy businessman as a barbarian, as a man exclusively intent upon making money.



A.R. Von Quotes: "Without imagination, there is no goodness, no wisdom."

Without imagination, there is no goodness, no wisdom.



A.R. Von Quotes: "An aphorism is the last link in a long chain of thought."

An aphorism is the last link in a long chain of thought.



A.R. Von Quotes: "He who has trusted where he ought not will surely mistrust where he ought not."

He who has trusted where he ought not will surely mistrust where he ought not.



A.R. Von Quotes: "Age either transfigures or petrifies."

Age either transfigures or petrifies.



A.R. Von Quotes: "The greatest enemy of justice is privilege."

The greatest enemy of justice is privilege.



A.R. Von Quotes: "The simplest and most familiar truth seems new and wonderful the instant we ourselves experience it for the first time."

The simplest and most familiar truth seems new and wonderful the instant we ourselves experience it for the first time.



A.R. Von Quotes: "One of the main goals of self-education is to eradicate that vanity in us without which we would never have been educated."

One of the main goals of self-education is to eradicate that vanity in us without which we would never have been educated.



A.R. Von Quotes: "I regret nothing, says arrogance; I will regret nothing, says inexperience."

I regret nothing, says arrogance; I will regret nothing, says inexperience.



A.R. Von Quotes: "There is something so beautiful in trust that even the most hardened liar need feel a certain respect for those who confide in him."

There is something so beautiful in trust that even the most hardened liar need feel a certain respect for those who confide in him.



A.R. Von Quotes: "Those who cannot remember clearly their own childhood are poor educators."

Those who cannot remember clearly their own childhood are poor educators.



A.R. Von Quotes: "To be young is delightful; to be old is comfortable."

To be young is delightful; to be old is comfortable.



A.R. Von Quotes: "Blessed is trust, for it blesses both those who have it to give and those who receive it."

Blessed is trust, for it blesses both those who have it to give and those who receive it.



A.R. Von Quotes: "You can sink so fast that you think you are flying."

You can sink so fast that you think you are flying.