Ludwig von Mises Quotes - Page 14

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• Human action is purposeful behavior.

  Ludwig von Mises

  Action, Behavior, Humans

  Ludwig von Mises (2016). “Human Action”, p.17, Lulu Press, Inc

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• Everything brought forward in favor of Socialism during the last hundred years, in thousands of writings and speeches, all the blood which has been spilt by the supporters of Socialism, cannot make socialism workable.

  Ludwig von Mises

  Writing, Blood, Years

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.109, VM eBooks

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• 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

  Successful, Employment, Height

  Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

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• In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding them temporarily and logically. What a man considers his interest is the result of his ideas.

  Ludwig von Mises

  Independent, Reality, Men

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• 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

  Religious, Believe, Logical Arguments

  Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

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• Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.

  Ludwig von Mises

  Men, Competition, Fellow Man

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• The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders.

  Ludwig von Mises

  Believe, Order, People

  "Human Action".

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• 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

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• The market system makes all producers responsible to the consumer.

  Ludwig von Mises

  Responsible, Producers, Consumers

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• What is lacking to the underdeveloped nations is not knowledge, but capital.

  Ludwig von Mises

  Lacking, Nations

  Ludwig Von Mises (1962). “The Ultimate Foundation of Economic Science: An Essay on Method”

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• What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.

  Ludwig von Mises

  Economic, Economy, Sovereignty

  "Liberty and Property". Book by Ludwig von Mises, October 15, 1958.

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• It is always the individual who thinks. Society does not think any more than it eats or drinks. The evolution of human reasoning from the naive thinking of primitive man to the more subtle thinking of modern science took place within society. However, thinking itself is always an achievement of individuals.

  Ludwig von Mises

  Men, Thinking, Primitive Man

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

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• Thoughts and ideas are not phantoms. They are real things. Although intangible and immaterial, they are factors in bringing about changes in the realm of tangible and material things.

  Ludwig von Mises

  Real, Ideas, Tangible

  Ludwig von Mises (2016). “An Interpretation of Social and Economic Evolution: The Economist”, p.69, VM eBooks

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• Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

  Ludwig von Mises

  Years, Gold, Quota

  Ludwig Von Mises (2008). “Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses”

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• The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.

  Ludwig von Mises

  Average, Enjoy, Workers

  Ludwig von Mises (2016). “Human Action”, p.327, Lulu Press, Inc

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• Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.

  Ludwig von Mises

  Freedom, Government, Principles

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

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• The market system is the basis of our civilization. Its only alternative is the Führer principle.

  Ludwig von Mises

  Civilization, Principles, Alternatives

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• It has always been the task of the new generation to provoke changes.

  Ludwig von Mises

  Tasks, Generations, Provoking

  Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

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• The supremacy of public opinion determines not only the singular role that economics occupies in the complex of thought and knowledge. It determines the whole process of human history.

  Ludwig von Mises

  Historical, Public Opinion, Roles

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

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• All almsgiving inevitably tends to pauperize the recipient.

  Ludwig von Mises

  Almsgiving

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.424, VM eBooks

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• It is evident that youth is the first victim of the trend toward bureaucratization. The young men are deprived of any opportunity to shape their own fate.

  Ludwig von Mises

  Fate, Opportunity, Men

  Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.90, VM eBooks

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• Science does not give us absolute and final certainty. It only gives us assurance within the limits of our mental abilities and the prevailing state of scientific thought.

  Ludwig von Mises

  Giving, Doe, Finals

  Ludwig Von Mises, Israël M. Kirzner (1982). “Method, Process, and Austrian Economics: Essays in Honor of Ludwig Von Mises”, Lexington, Mass. : Lexington Books

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• In the land of the lotus-eaters there is no action. Action arises only from need, from dissatisfaction. It is purposeful striving towards something. Its ultimate end is always to get rid of a condition which is conceived to be deficient-to fulfill a need, to achieve satisfaction, to increase happiness.

  Ludwig von Mises

  Land, Lotuses, Needs

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.85, VM eBooks

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• Reason is the main resource of man in his struggle for survival.

  Ludwig von Mises

  Struggle, Men, Survival

  Ludwig Von Mises (1985). “Omnipotent Government: The Rise of the Total State and Total War”, Libertarian Press

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• If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.

  Ludwig von Mises

  Wisdom, Art, Mean

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