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Ludwig von Mises Quotes
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Ludwig von Mises Quote: “Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual.”
Ludwig von Mises Quote: “Every step toward the elimination of profit is progress on the way toward social disintegration.”
Ludwig von Mises Quote: “Nobody can be at the same time a correct bureaucrat and an innovator.”
Ludwig von Mises Quote: “He who serves the public best, makes the highest profits.”
Ludwig von Mises Quote: “Big business always serve – directly or indirectly – the masses.”
Ludwig von Mises Quote: “Against nature and within nature there is no freedom.”
Ludwig von Mises Quote: “Democracy is not a good that people can enjoy without trouble. It is, on the contrary, a treasure that must be daily defended and conquered anew by strenuous effort.”
Ludwig von Mises Quote: “Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.”
Ludwig von Mises Quote: “To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war.”
Ludwig von Mises Quote: “State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.”
Ludwig von Mises Quote: “The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists demonstration that all privileges hurt the interests of the rest of the nation or at least a great part of it.”
Ludwig von Mises Quote: “It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They believe that the authorities of a socialist commonwealth would pay them higher salaries than those that they earn under capitalism.”
Ludwig von Mises Quote: “The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.”
Ludwig von Mises Quote: “The function of money is to facilitate the business of the market by acting as a common medium of exchange.”
Ludwig von Mises Quote: “Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.”
Ludwig von Mises Quote: “The tow pillars of democratic government are the primacy of the law and the budget.”
Ludwig von Mises Quote: “Romanticism is man’s revolt against reason, as well as against the condition under which nature has compelled him to live.”
Ludwig von Mises Quote: “Determinants of prices have their effect only through the medium of the subjective estimates of individuals; and the extent to which any given factor influences these subjective estimates can never be predicted.”
Ludwig von Mises Quote: “Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.”
Ludwig von Mises Quote: “The system that would stand midway between capitalism and socialism.”
Ludwig von Mises Quote: “Every collectivist assumes a different source for the collective will, according to his own political, religious and national convictions.”
Ludwig von Mises Quote: “Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people.”
Ludwig von Mises Quote: “Depression is the aftermath of credit expansion.”
Ludwig von Mises Quote: “The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression.”
Ludwig von Mises Quote: “In relation to the immense sacrifices that the state demands of the individual through the blood tax, it seems rather incidental whether it compensates the soldier more or less abundantly for the loss of time that he suffers from his military-service obligation.”
Ludwig von Mises Quote: “Since nobody is in a position to substitute his own value judgments for those of the acting individual, it is vain to pass judgment on other people’s aims and volitions. No man is qualified to declare what would make another man happier or less discontented.”
Ludwig von Mises Quote: “For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.”
Ludwig von Mises Quote: “The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.”
Ludwig von Mises Quote: “Freedom and liberty always mean freedom from police interference.”
Ludwig von Mises Quote: “Everybody thinks of economics whether he is aware of it or not. In joining a political party or in casting his ballot, the citizen implicitly takes a stand upon essential economic theories.”
Ludwig von Mises Quote: “Anticapitalism can maintain itself in existence only by sponging on capitalism.”
Ludwig von Mises Quote: “The welfare of a people lies not in casting other peoples down but in peaceful collaboration.”
Ludwig von Mises Quote: “The socialist system, however, forbids this fundamental freedom to choose one’s own career. Under socialist conditions, there is only one economic authority, and it has the right to determine all matters concerning production.”
Ludwig von Mises Quote: “The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity.”
Ludwig von Mises Quote: “What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.”
Ludwig von Mises Quote: “No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.”
Ludwig von Mises Quote: “Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful.”
Ludwig von Mises Quote: “Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.”
Ludwig von Mises Quote: “If men do not now succeed in abolishing war, civilization and mankind are doomed.”
Ludwig von Mises Quote: “The consumers suffer when the laws of the country prevent the most efficient entrepreneurs from expanding the sphere of their activities. What made some enterprises develop into “big business” was precisely their success in filling best the demand of the masses.”
Ludwig von Mises Quote: “Within the market society each serves all his fellow citizens and each is served by them. It is a system of mutual exchange of services and commodities, a mutual giving, and receiving.”
Ludwig von Mises Quote: “The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.”
Ludwig von Mises Quote: “The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.”
Ludwig von Mises Quote: “Big business depends entirely on the patronage of those who buy its products: the biggest enterprises loses its power and its influence when it loses its customers.”
Ludwig von Mises Quote: “Perhaps there are somewhere in the infinite universe beings whose minds outrank our minds to the same extent as our minds surpass those of the insects. Perhaps there will once somewhere live beings who will look upon us with the same condescension as we look upon amoebae.”
Ludwig von Mises Quote: “History cannot teach us any general rule, principle, or law. There is no means to abstract from a historical experience a posteriori any theories or theorems concerning human conduct and policies. The.”
Ludwig von Mises Quote: “In a game there are winners and losers. But a business deal is always advantageous for both parties. If both the buyer and the seller were not to consider the transaction as the most advantageous action they could choose under the prevailing conditions, they would not enter into the deal.”
Ludwig von Mises Quote: “The market system makes all producers responsible to the consumer.”
Ludwig von Mises Quote: “If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes.”
Ludwig von Mises Quote: “Every man aims at avoiding what causes him pain; the activities of government ultimately consist in the infliction of pain. All great achievements of mankind were the product of a spontaneous effort on the part of individuals; government substitutes coercion for voluntary action.”
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