Frederic Bastiat Quotes

Claude Frédéric Bastiat (1801 –1850) was a French political economist and classical liberal theorist. His “opportunity cost” concept is one of his most important achievements. Bastiat was 17 when he left school and went to work in the family export business. That job allowed him to see how markets can be affected by regulations, which…

Ronald Reagan Quotes

Ronald Regan (1911- 2004) was the 33rd California Governor (1967-1975) and the fortieth U.S. President (1981-1989). After graduating from Eureka College, Reagan moved to Iowa and started working there as a radio broadcaster. After some time, he moved to L.A. and started his career as an actor. Reagan was originally a democrat, but he started…

I believe that it is better to be free than to be not free

I believe that it is better to be free than to be not free, even when the former is dangerous and the latter safe. I believe that the finest qualities of man can flourish only in free air– that progress made under the shadow of the policeman’s club is false progress, and of no permanent…

Ludwig von Mises Quotes

Ludwig Heinrich Edler von Mises (1881 – 1973) was an Austrian philosopher and economist. Ludwig was a wunderkind; at the age of twelve, he could speak German, Yiddish, French, Polish, read Latin and understand Ukrainian. Mises was born to a Jewish family, and when the Nazis started their rule, he decided to leave Europe. In…