Austrian-economics Quotes

Price controls almost invariably produce black markets, where prices are not only higher than the le...

People are not embracing collectivism because they have accepted bad economics. They are accepting b...

Liberty should be understood as freedom from the government, specifically, freedom from the initiati...

War has been the necessary and inevitable consequence of the establishment of a monopoly on security...

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like tr...

The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to th...

If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learn...

The valuations which result in determination of definite prices are different. Each party attaches a...

The welfare of a people lies not in casting other peoples down but in peaceful collaboration.

Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it ...

No man can rightfully be required to join, or support, an association whose protection he does not d...