Ludwig von Mises Quotes - Page 9

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• A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.

  Ludwig von Mises

  Men, Way, Wealth

  Ludwig von Mises (2016). “Human Action”, p.335, Lulu Press, Inc

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• The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.

  Ludwig von Mises

  Men, Liberty, Quality

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.1, Ludwig von Mises Institute

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• The sharper the competition, the better it serves its social function to improve economic production.

  Ludwig von Mises

  Competition, Economic, Social

  12 Copy quote

• Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit.

  Ludwig von Mises

  Beautiful, Artist, Past

  Ludwig von Mises (1985). “Theory and History”, p.63, Ludwig von Mises Institute

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• The usual terminology of political language is stupid. What is 'left' and what is 'right'? Why should Hitler be 'right' and Stalin, his temporary friend, be 'left'? Who is 'reactionary' and who is 'progressive'? Reaction against an unwise policy is not to be condemned. And progress towards chaos is not to be commended.

  Ludwig von Mises

  Stupid, Political Language, Progress

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• The main characteristic of collectivism is that it does not take notice of the individual's will and moral self-determination. In the light of its philosophy the individual is born into a collective and it is "natural" and proper for him to behave as members of this collective are expected to behave. Expected by whom? Of course, by those individuals to whom, by the mysterious decrees of some mysterious agency, the task of determining the collective will and directing the actions of the collective has been entrusted.

  Ludwig von Mises

  Determination, Philosophy, Agency

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• In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.

  Ludwig von Mises

  People, Commodity, Lord

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• In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors.

  Ludwig von Mises

  Achievement, Machines, Favors

  Ludwig Von Mises (1944). “Bureaucracy”

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• It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at.

  Ludwig von Mises

  Doe, Actors, Action

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

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• The avowed aim of all utopian movements is to put an end to history and to establish a final and permanent calm.

  Ludwig von Mises

  Society, Finals, Movement

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.106, Ludwig von Mises Institute

  7 Copy quote

• Government is an apparatus of compulsion and coercion.

  Ludwig von Mises

  Government, Coercion, Compulsion

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• Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow.

  Ludwig von Mises

  Fighting, Men, Hands

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

  9 Copy quote

• It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced the capitalist order, everyone would become poorer.

  Ludwig von Mises

  Order, Income, Rich

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.397, VM eBooks

  8 Copy quote

• The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order. The robber, on the other hand, is intent, not on honest toil, but on the forcible appropriation of the fruits of others' labor.

  Ludwig von Mises

  Men, Hands, Order

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.137, VM eBooks

  4 Copy quote

• Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that.

  Ludwig von Mises

  Freedom, Entrepreneur, Liberty

  Ludwig von Mises (2016). “Human Action”, p.333, Lulu Press, Inc

  14 Copy quote

• It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers.

  Ludwig von Mises

  Wish, Finals, Analysis

  Ludwig Von Mises (1978). “On the Manipulation of Money and Credit”, Dobbs Ferry, N.Y. : Free Market Books

  15 Copy quote

• Fortunes cannot grow; someone has to increase them.

  Ludwig von Mises

  Increase, Fortune, Grows

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.342, VM eBooks

  6 Copy quote

• Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and the theories.

  Ludwig von Mises

  Ideas, Facts, Interpretation

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

  9 Copy quote

• The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.

  Ludwig von Mises

  Men, Evil, Historical

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.10, Ludwig von Mises Institute

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• People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests.

  Ludwig von Mises

  Division Of Labor, People, Love One Another

  Ludwig von Mises (2016). “Human Action”, p.209, Lulu Press, Inc

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• The worst law is better than bureaucratic tyranny.

  Ludwig von Mises

  Law, Tyranny, Worst

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

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• Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people. But, of course, these motorcars, television sets and refrigerators do not make a man happy. In the instant in which he acquires them, he may feel happier than he did before. But as soon as some of his wishes are satisfied, new wishes spring up. Such is human nature.

  Ludwig von Mises

  Spring, Men, People

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• War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.

  Ludwig von Mises

  Money, War, Doe

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• The attainment of the economic aims of man presupposes peace.

  Ludwig von Mises

  Money, War, Men

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.48, VM eBooks

  8 Copy quote

• There is an inherent tendency in all governmental power to recognize no restraints on its operation and to extend the sphere of its dominion as much as possible. To control everything, to leave no room for anything to happen of its own accord without the interference of the authorities--th is is the goal for which every ruler secretly strives.

  Ludwig von Mises

  Goal, Dominion, Rooms

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

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