Ludwig von Mises Quotes - Page 23

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• It is completely in accord with the etatist thinking prevalent everywhere today to consider a theory to be finally disposed of merely because the authorities who control appointments to academic positions, want to know nothing of it, and to see the criterion of truth in the approval of a government office.

  Ludwig von Mises

  Freedom, Thinking, Government

  Ludwig Von Mises (1960). “Epistemological Problems of Economics”, p.196, Ludwig von Mises Institute

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• What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.

  Ludwig von Mises

  Media, Fiduciary, Credit

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

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• Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.

  Ludwig von Mises

  Law, Letters, Constitution

  Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

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• Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods.

  Ludwig von Mises

  Social, Function, Goods

  Ludwig Von Mises (1947). “Planned Chaos”, p.11, Ludwig von Mises Institute

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• 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

  Military, Loss, Sacrifice

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• The system that would stand midway between capitalism and socialism.

  Ludwig von Mises

  Socialism, Midway, Capitalism And Socialism

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.65, Ludwig von Mises Institute

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• If the present tax rates had been in effect from the beginning of our century, many who are millionaires today would live under more modest circumstances. But all those new branches of industry which supply the masses with articles unheard of before, would operate, if at all, on a much smaller scale, and their products would be beyond the reach of the common man.

  Ludwig von Mises

  Men, Would Be, Branches

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

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• The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.

  Ludwig von Mises

  Cooperation, Individual, Social

  Ludwig Von Mises (1960). “Epistemological Problems of Economics”, p.44, Ludwig von Mises Institute

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• The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'

  Ludwig von Mises

  Liberty, Wrens, Needs

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• Fascism was an emergency makeshift. To view it as something more would be a fatal error.

  Ludwig von Mises

  Errors, Views, Would Be

  Ludwig Von Mises (1962). “The free and prosperous commonwealth: an exposition of the ideas of classical liberalism”

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• Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to earn as much as they can. But it censures the capitalists and entrepreneurs for their greed.

  Ludwig von Mises

  Teacher, Doctors, People

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

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• You know that the population is of this planet is now ten times greater than it was in the ages preceding capitalism.; you know that all men today enjoy a higher standard of living than your ancestors did before the age of capitalism. But how do you know that you are the one out of ten who would have lived in the absence of capitalism? The mere fact that you are living today is proof that capitalism has succeeded, whether or not you consider your own life very valuable.

  Ludwig von Mises

  Men, Age, Facts

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• Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages derived from peaceful cooperation and division of labor are universal.

  Ludwig von Mises

  Division Of Labor, Peaceful, Society

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

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• Scientific research sooner or later, but inevitably, encounters something ultimately given that it cannot trace back to something else of which it would appear as the regular or necessary derivative. Scientific progress consists in pushing further back this ultimately given.

  Ludwig von Mises

  Progress, Society, Encounters

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

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• Government force is derived from the sum of the physical force each citizen could exert which by one citizen himself would be ineffective, but when summed from the force of all the area's citizens indeed composes a power no citizen or group can withstand. That force is then rightly but justly to be used against those who violate the foundation pillars of freedom.

  Ludwig von Mises

  War, Government, Foundation

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• The uncouth hordes of common men are not fit to recognize duly the merits of those who eclipse their own wretchedness.

  Ludwig von Mises

  Men, Merit, Common

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

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• Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.

  Ludwig von Mises

  Competition, Economy, Doom

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• The Reichswirtschaftsministerium ('Reich Ministry of Economic Affairs') tells the shop managers what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. It assigns every worker to his job and fixes his wages. It decrees to whom and on what terms the capitalists must entrust their funds. Market exchange is merely a sham.

  Ludwig von Mises

  Jobs, History, Ministry

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• The methods of the natural sciences cannot be applied to human behavior because this behaviorlacks the peculiarity that characterizes events in the field of the natural sciences, viz., regularity.

  Ludwig von Mises

  Society, Fields, Events

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• The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people's mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what

  Ludwig von Mises

  People, Giving, Entrepreneur

  Ludwig Von Mises (1944). “Bureaucracy”

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• Against what is stupid, nonsensical, erroneous, and evil, [classical] liberalism fights with the weapons of the mind, and not with brute force and repression.

  Ludwig von Mises

  Stupid, Fighting, Evil

  Ludwig Von Mises (1962). “The free and prosperous commonwealth: an exposition of the ideas of classical liberalism”

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