Ludwig von Mises Quotes - Page 4

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• 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

  Limits, Spheres, Individual

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.53, VM eBooks

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• Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite.

  Ludwig von Mises

  Men, Average, People

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.49, Ludwig von Mises Institute

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• Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence.

  Ludwig von Mises

  Philosophy, Men, Civilization

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

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• Historical knowledge is indispensable for those who want to build a better world

  Ludwig von Mises

  Historical Knowledge, World, Want

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

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• The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.

  Ludwig von Mises

  Development, Consumers, Capitalism

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• 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

  Party, Business Deals, Games

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

  16 Copy quote

• The mark of the creative mind is that it defies a part of what it has learned.

  Ludwig von Mises

  Creative, Mind, Mark

  Ludwig von Mises (2016). “An Interpretation of Social and Economic Evolution: The Economist”, p.187, VM eBooks

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• The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

  Ludwig von Mises

  Peace, War, Roots

  83 Copy quote

• It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.

  Ludwig von Mises

  War, Competition, Battle

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.285, VM eBooks

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• There is no remedy for the inefficiency of public management.

  Ludwig von Mises

  Management, Remedy, Inefficiency

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

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• Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.

  Ludwig von Mises

  Peace, Father, War

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.44, VM eBooks

  21 Copy quote

• Taxing profits is tantamount to taxing success.

  Ludwig von Mises

  Profit

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

  23 Copy quote

• Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest of mankind follows them little by little.

  Ludwig von Mises

  Men, Littles, Human Condition

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• What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.

  Ludwig von Mises

  Freedom, Philosophy, War

  19 Copy quote

• The continued existence of society depends upon private property.

  Ludwig von Mises

  Existence, Property, Depends

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.73, VM eBooks

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• 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

  Believe, Envy, Feelings

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

  22 Copy quote

• There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen. In such vital matters blind reliance upon 'experts' and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people's domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.

  Ludwig von Mises

  Determination, Mean, Responsibility

  "Human Action". Book by Ludwig von Mises, 1949.

  21 Copy quote

• Planning other people's actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.

  Ludwig von Mises

  Freedom, Mean, People

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

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• Education rears disciples, imitators, and routinists, not pioneers of new ideas and creative geniuses. The schools are not nurseries of progress and improvement, but conservatories of tradition and unvarying modes of thought.

  Ludwig von Mises

  Learning, School, Knowledge

  Ludwig von Mises (1985). “Theory and History”, p.263, Ludwig von Mises Institute

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• Whoever wants peace among nations must seek to limit the state and its influence most strictly.

  Ludwig von Mises

  Peace, War, Limits

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• What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.

  Ludwig von Mises

  Men, People, Liberty

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• The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts.

  Ludwig von Mises

  Successful, Entrepreneur, Effort

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

  17 Copy quote

• The final outcome of the credit expansion is general impoverishment.

  Ludwig von Mises

  Expansion, Finals, Credit

  24 Copy quote

• Political ideas that have dominated the public mind for decades cannot be refuted through rational arguments. They must run their course in life and cannot collapse otherwise than in great catastrophe.

  Ludwig von Mises

  Running, Ideas, Political

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• Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.

  Ludwig von Mises

  Hard Work, Doctors, Self

  Ludwig von Mises (1985). “Theory and History”, p.263, Ludwig von Mises Institute

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