Tag: Economic ideologies

1204: Ludwig von Mises – Capitalism Delivers the Goods

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods. —Ludwig von Mises

Tags American libertarians, American writers, Austrian economists, Capitalism, Economic ideologies, Economy, Efficiency, Free Market, Freedom, Ludwig von Mises, Propaganda
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1189: Ron Paul – How Black Markets Work

Prohibiting something that is highly desired does not make the desire go away but merely ensures that the supply of that good is provided in the most dangerous and undesirable manner possible, and endows criminal sectors of society with additional wealth and power. —Ron Paul (The Revolution: A Manifesto)

Prohibiting something that is highly desired does not make the desire go away but merely ensures that the supply of that good is provided in the most dangerous and undesirable manner possible, and endows criminal sectors of society with additional wealth and power. —Ron Paul (The Revolution: A Manifesto)

1163: Tom Woods – The Delusion of Keynesians

Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom Woods

Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom Woods

1160: Friedrich Hayek – Democratic Socialism Produces Something Different

Democratic Socialism, the great utopia of the last few generations, is not only unachievable, but that to strive for it produces something that many will not believe until the connection has been laid bare in all its aspects. —F.A. Hayek

1094: Murray Rothbard – There are No Utilitarian Revolutionaries

F1094: Murray Rothbard - No Utilitarian Revolutionaries — It is rare to find a utilitarian who is also radical, who burns for immediate abolition of evil and coercion. Utilitarians, with their devotion to expediency, almost inevitably oppose any sort of upsetting or radical change. Hence, utilitarians are never immediate abolitionists. They became mere gradualist reformers. But in becoming reformers, they also put themselves inevitably into the position of advisers and efficiency experts to the State. In other words, they inevitably came to abandon libertarian principle as well as a principled libertarian strategy. The utilitarians wound up as apologists for the existing order, for the status quo. Thus, they wound up as the image of the thing they had fought. —Murray Rothbard (For a New Liberty)

It is rare to find a utilitarian who is also radical, who burns for immediate abolition of evil and coercion. Utilitarians, with their devotion to expediency, almost inevitably oppose any sort of upsetting or radical change. Hence, utilitarians are never immediate abolitionists. They became mere gradualist reformers. But in becoming reformers, they also put themselves inevitably into the position of advisers and efficiency experts to the State. In other words, they inevitably came to abandon libertarian principle as well as a principled libertarian strategy. The utilitarians wound up as apologists for the existing order, for the status quo. Thus, they wound up as the image of the thing they had fought. —Murray Rothbard (For a New Liberty)

1082: Ludwig von Mises – Why Some are Unhappy Under Capitalism

F1082: Ludwig von Mises - Unhappy Under Capitalism — What makes many feel unhappy under capitalism is the fact that capitalism grants to each the opportunity to attain the most desirable positions which, of course, can only be attained by a few. In order to console himself and to restore his self-assertion, such a man is in search of a scapegoat. He tries to persuade himself that he failed through no fault of his own. They sublimate their hatred into a philosophy, the philosophy of anti-capitalism, in order to render inaudible the inner voice that tells them that their failure is entirely their own fault. The suffering from frustrated ambition is peculiar to people living in a society of equality under the law. It is not caused by equality under the law, but by the fact that in a society of equality under the law the inequality of men with regard to intellectual abilities, will power and application becomes visible. The gulf between what a man is and achieves and what he thinks of his own abilities and achievements is pitilessly revealed. —Ludwig von Mises

What makes many feel unhappy under capitalism is the fact that capitalism grants to each the opportunity to attain the most desirable positions which, of course, can only be attained by a few. In order to console himself and to restore his self-assertion, such a man is in search of a scapegoat. He tries to persuade himself that he failed through no fault of his own. They sublimate their hatred into a philosophy, the philosophy of anti-capitalism, in order to render inaudible the inner voice that tells them that their failure is entirely their own fault. The suffering from frustrated ambition is peculiar to people living in a society of equality under the law. It is not caused by equality under the law, but by the fact that in a society of equality under the law the inequality of men with regard to intellectual abilities, will power and application becomes visible. The gulf between what a man is and achieves and what he thinks of his own abilities and achievements is pitilessly revealed. —Ludwig von Mises

1074: Josh Tolley – Socialists in Politics and Academia

Socialists in Politics and Academia are convincing the emotionally compromised that the highest standard of living in history is akin to 1800’s poverty, and they must sacrifice their potential greatness for the suffocating mediocracy of socialism. —Josh Tolley (The Josh Tolley Show)

Socialists in Politics and Academia are convincing the emotionally compromised that the highest standard of living in history is akin to 1800’s poverty, and they must sacrifice their potential greatness for the suffocating mediocracy of socialism. —Josh Tolley (The Josh Tolley Show)

1041: Gloria Alvarez – Socialism Has Failed on Every Continent

W1041: Gloria Alvarez - Socialism Has Failed — We have seen Socialism fail on every continent of the planet. But when there is ignorance and when there are people who resent the way of competition and free-market ideas then Socialism can arise. —Gloria Alvarez

We have seen Socialism fail on every continent of the planet. But when there is ignorance and when there are people who resent the way of competition and free-market ideas then Socialism can arise. —Gloria Alvarez

1007: Jordan Peterson – What Marx Observed

What Marx observed was that capital tended to accumulate in the hands of fewer and fewer people. And he said that’s a flaw of the Capitalist system. That’s wrong, it’s not the flaw of the Capitalist system. It’s a feature of every single system that we know of, no matter who set it up and how it operates. —Jordan Peterson

What Marx observed was that capital tended to accumulate in the hands of fewer and fewer people. And he said that’s a flaw of the Capitalist system. That’s wrong, it’s not the flaw of the Capitalist system. It’s a feature of every single system that we know of, no matter who set it up and how it operates. —Jordan Peterson