Ludwig von Mises Quotes About Judgment

Quotes about: Judgment

• The democracy of the market consists in the fact that people themselves make their choices and that no dictator has the power to force them to submit to his value judgments.

  Ludwig von Mises

  People, Choices, Democracy

  Ludwig von Mises (2016). “Human Action”, p.479, Lulu Press, Inc

• All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.

  Ludwig von Mises

  Successful, Men, Envy

  Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

• In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold weather and rain.... the demand for goods is widely influenced by metaphysical, religious, and ethical considerations, by aesthetic value judgments, by customs, habits, prejudice, tradition, changing fashions, and many other things.

  Ludwig von Mises

  Religious, Fashion, Rain

  Ludwig von Mises (2016). “Human Action”, p.290, Lulu Press, Inc

• The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value. Freedom really means the freedom to make mistakes.

  Ludwig von Mises

  Mistake, Mean, Facts

• An entrepreneur cannot be trained. A man becomes and entrepreneur by seizing an opportunity and filling the gap. No special education is required for such a display of keen judgment, foresight, and energy.

  Ludwig von Mises

  Opportunity, Men, Entrepreneur

  Ludwig Von Mises (1963). “Human action: a treatise on economics”

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