Ludwig von Mises Quotes - Page 8

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• In talking about equality and asking vehemently for its realization, nobody advocates a curtailment of his own present income.

  Ludwig von Mises

  Talking, Income, Asking

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

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• Welfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to attain, but - on the contrary - bring about a state of affairs which - from the very point of view of the government and its supporters - is even more unsatisfactory than the previous state of affairs they wanted to 'improve.'

  Ludwig von Mises

  Government, Self, Views

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

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• Every step toward the elimination of profit is progress on the way toward social disintegration.

  Ludwig von Mises

  Progress, Way, Steps

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

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• It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.

  Ludwig von Mises

  Book, Gun, Men

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

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• This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen-and this is what freedom means-is in a position to choose his own way of life.

  Ludwig von Mises

  Mean, Order, Differences

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.23, Ludwig von Mises Institute

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• Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

  Ludwig von Mises

  Mean, Progressive Taxation, People

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.84, Ludwig von Mises Institute

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• The market and its inescapable law are supreme.

  Ludwig von Mises

  Law, Supreme

  Ludwig Von Mises (1947). “Planned Chaos”, p.3, Ludwig von Mises Institute

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• For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.

  Ludwig von Mises

  Men, Differences, Liberty

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.409, VM eBooks

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• Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.

  Ludwig von Mises

  Voice, Mind, Trying

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.465, VM eBooks

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• Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulates riches.

  Ludwig von Mises

  Order, Giving, Competition

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

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• Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

  Ludwig von Mises

  Doe, Unemployment, Granted

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• The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.

  Ludwig von Mises

  Causes, Wealth, Mass

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

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• There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed. This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.

  Ludwig von Mises

  Party, Mean, Government

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• Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

  Ludwig von Mises

  Government, Political, Socialism

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

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• When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.

  Ludwig von Mises

  Mean, Entrepreneur, Liberty

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• The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.

  Ludwig von Mises

  Wealth, Capacity, Mass

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

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• No people and no part of a people shall be held against its will in a political association that it does not want.

  Ludwig von Mises

  People, Political, Doe

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• ...this remedy is the power of the citizens; they have to prevent the establishment of such an autocratic regime that arrogates to itself a higher wisdom than that of the average citizen. This is the fundamental difference between freedom and serfdom.

  Ludwig von Mises

  Freedom, Average, Differences

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.54, Ludwig von Mises Institute

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• The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

  Ludwig von Mises

  Want, Way, Economic

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.17, Ludwig von Mises Institute

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• As soon as we surrender the principle that the state should not interfere in any questions touching on the individuals mode of life, we end by regulating and restricting the latter down to the smallest details.

  Ludwig von Mises

  Touching, Principles, Details

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

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• A free press can only exist where there is private control over the means of production

  Ludwig von Mises

  Mean, Free Press, Productions

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• The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.

  Ludwig von Mises

  Drug, Morality, Behavior

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.22, VM eBooks

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• There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.

  Ludwig von Mises

  Country, Way, Mass

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.13, Ludwig von Mises Institute

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• Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.

  Ludwig von Mises

  Loss, Ideas, Decision

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

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• War is harmful, not only to the conquered but to the conqueror. 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. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.

  Ludwig von Mises

  War, Father, Essence

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

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