Ludwig von Mises Quotes - Page 3

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• If history could teach us anything, it would be that private property is inextricably linked with civilization.

  Ludwig von Mises

  Civilization, Would Be, Economy

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

  11 Copy quote

• Economics is not about things and tangible material objects; it is about men, their meanings and actions.

  Ludwig von Mises

  Motivational, Success, Men

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

  31 Copy quote

• Whoever wishes peace among peoples must fight statism.

  Ludwig von Mises

  War, Fighting, Wish

  24 Copy quote

• Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.

  Ludwig von Mises

  Mean, Government, Political

  Ludwig Von Mises (1944). “Bureaucracy”

  26 Copy quote

• where Nietzsche's response to the equation of socialism and morality was to question the value of morality, at least as it had been customarily understood, economists like Mises and Hayek pursued a different path, one Nietzsche would never have dared to take: they made the market the very expression of morality.

  Ludwig von Mises

  Expression, Path, Different

  8 Copy quote

• Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.

  Ludwig von Mises

  Entrepreneur, Progress, Use

  Ludwig Von Mises (1960). “Epistemological Problems of Economics”, p.243, Ludwig von Mises Institute

  51 Copy quote

• A new type of superstition has got hold of people's minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!

  Ludwig von Mises

  Exercise, Idols, People

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

  28 Copy quote

• Society is best served when the means of production are in the possession of those who know how to use them best.

  Ludwig von Mises

  Mean, Use, Possession

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.52, VM eBooks

  22 Copy quote

• The market is a democracy in which every penny gives a right to vote.

  Ludwig von Mises

  Giving, Democracy, Pennies

  Ludwig Von Mises (1947). “Planned Chaos”, p.12, Ludwig von Mises Institute

  34 Copy quote

• The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.

  Ludwig von Mises

  Country, Order, Government

  11 Copy quote

• Progress is precisely that which rules and regulations did not foresee.

  Ludwig von Mises

  Progress, Rules And Regulations, Regulation

  8 Copy quote

• Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity.

  Ludwig von Mises

  Selfishness, Incentives, Laziness

  7 Copy quote

• Under capitalism everybody is the architect of his own fortune.

  Ludwig von Mises

  Character, Kwanzaa, Architect

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

  27 Copy quote

• Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .

  Ludwig von Mises

  Government, Cogs, Arbitrary

  Ludwig von Mises (2013). “The Theory of Money and Credit”, p.428, Skyhorse Publishing, Inc.

  14 Copy quote

• Government is essentially the negation of liberty.

  Ludwig von Mises

  Government, Liberty, Negation

  13 Copy quote

• Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.

  Ludwig von Mises

  Decline, Difficult, Indivisible

  Ludwig von Mises (2016). “Human Action”, p.398, Lulu Press, Inc

  36 Copy quote

• The issue is always the same: the government or the market. There is no third solution.

  Ludwig von Mises

  Issues, Government, Liberty

  Ludwig Von Mises (1947). “Planned Chaos”, p.15, Ludwig von Mises Institute

  57 Copy quote

• All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

  Ludwig von Mises

  Thinking, Firsts, Action

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.86, VM eBooks

  25 Copy quote

• He who serves the public best, makes the highest profits.

  Ludwig von Mises

  Profit, Highest

  46 Copy quote

• The fundamental law of the market is: the customer is always right.

  Ludwig von Mises

  Law, Fundamentals, Customers

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

  36 Copy 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

  Growth, Done, Regulation

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.426, VM eBooks

  17 Copy quote

• The fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is the people.

  Ludwig von Mises

  People, Boss, Facts

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.21, Ludwig von Mises Institute

  38 Copy quote

• Depression is the aftermath of credit expansion.

  Ludwig von Mises

  Expansion, Aftermath, Credit

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

  23 Copy 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

  Envy, Expectations, Socialism

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

  17 Copy quote

• The criterion of truth is that it works even if nobody is prepared to acknowledge it.

  Ludwig von Mises

  Truth, Criteria, Acknowledge

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

  12 Copy quote

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