“No one should expect that any logical argument or any experience could shake the almost religious fervor of those who believe in salvation through spending and credit expansion.” - Mises
"The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence: The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy." - Henry Hazlitt
"Underlying Mises& #39; observations throughout was the basic unruliness of market prices, of their inherent subjectivity — a subjectivity that stems from the perceptions, needs, tastes, and impatience of humans." - Spitznagel
"Civilizations advance through the accumulation of highly configured capital, which does not thrive amid extreme volatility and destruction; on the contrary, capitalism wants stability — but also the free competitive transferral of resources" - Spitznagel
"That which shrinks, must first expand. That which fails, must first be strong. That which is cast down, must first be raised. Before receiving, there must be giving." - Laozi
"To win a hundred victories in a hundred battles is not the highest excellence; the highest excellence is to subdue the enemy& #39;s army without fighting at all." - Sunzi