Austrian Economics Quotes
Austrian Economics Quote of the day
It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.
In proportion as you give the state power to do things for you, you give it power to do things to you.
People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.
War has been the necessary and inevitable consequence of the establishment of a monopoly on security.
Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.
No man can rightfully be required to join, or support, an association whose protection he does not desire.
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.
There are two and only two ways that any economy can be organized. One is by freedom and voluntary choice—the way of the market. The other is by force and dictation—the way of the State.
Liberty should be understood as freedom from the government, specifically, freedom from the initiation of physical force by the government.
The phenomenon of economic ignorance is so widespread, and its consequences so frightening, that the objective of reducing that ignorance becomes a goal invested with independent moral worth.
The welfare of a people lies not in casting other peoples down but in peaceful collaboration.
In the same way that central banking nearly wrecked the world and created one calamity after another, bitcoin can save the world one transaction at a time.It is time for a new beginning.