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Socialism is unrealizable as an economic system because a socialist society would not have any possibility of resorting to economic calculation. This is why it cannot be considered as a system of society's economic organization. It is a means to disintegrate social cooperation and to bring about poverty and chaos.

— Ludwig von Mises



No other commodity enjoys as much universal acceptability and marketability as gold.

— Hans F. Sennholz



It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.

— Murray Rothbard



An old woman is riding a crowded bus and has to stand with her heavy packages. Finally, someone in front of her gives up a seat and so she grabs it. "Thank God," she says.

A man in the seat behind her says "Excuse me comrade, but this is an atheist society. You should say "Thank Stalin," not "Thank God.""

"Of course you are right," the old woman says. "Thank Stalin." She is silent for a moment, then says: "Comrade, I have just had a terrible thought: What shall we say when Stalin dies?"

The man behind her replies "In that case I think we can say "Thank God"."



The most certain test by which we judge whether a country is really free is the amount of security enjoyed by minorities.

— Lord Acton



People seem not to see that their opinion of the world is also a confession of character.

— Ralph Waldo Emerson



There is all the difference in the world between treating people equally and attempting to make them equal.

— F.A. Hayek



If goods do not cross borders, soldiers will.

— Frédéric Bastiat



I am interested in politics so that someday I will not have to be interested in politics.



If goods do not cross borders, soldiers will.

— Frédéric Bastiat