Ludwig von Mises: "Despots and democratic majorities are drunk with power. They must reluctantly admit that they are subject to the laws of nature. But they reject the very notion of economic law . . . economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics." - Austrian Economics: An Anthology
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|Ludwig von Mises||In the feudal society, men became rich by war and conquest and through the largess of the sovereign ruler. Men became poor if they were defeated in battle or if they fell from the monarchs good graces. In the capitalistic society, men become richdirectly as the producer of consumers goods.||On the Manipulation of Money and Credit|| pp. 177-78||Class Mobility
|Ludwig von Mises||In the unhampered market economy there are no privileges, no protection of vested interests, no barriers preventing anybody from striving after any prize.||Theory and History|| p. 114||Class Mobility
|Ludwig von Mises||Entrance into the ranks of the entrepreneurs in a market society, not sabotaged by the interference of government or other agencies resorting to violence, is open to everybody.||Planning for Freedom|| p. 117||Class Mobility
|Ludwig von Mises||Under capitalism everybody is the architect of his own fortune.||Bureaucracy|| p. 100||Class Mobility