Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in… — Ludwig von Mises Copy Share Image
The [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be… — Ludwig von Mises Copy Share Image
The consumers suffer when the laws of the country prevent the most efficient entrepreneurs from expanding the sphere of their activities. What… — Ludwig von Mises Copy Share Image
Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation… — Ludwig von Mises Copy Share Image
The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments… — Ludwig von Mises Copy Share Image
Without speculation there can be no economic activity reaching beyond the immediate present. — Ludwig von Mises Copy Share Image
What is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors,… — Ludwig von Mises Copy Share Image
The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the… — Ludwig von Mises Copy Share Image
Every man aims at avoiding what causes him pain; the activities of government ultimately consist in the infliction of pain. All great… — Ludwig von Mises Copy Share Image
The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of… — Ludwig von Mises Copy Share Image
Violent resistance against the power of the state is the last resort of the minority in its effort to break loose from… — Ludwig von Mises Copy Share Image
There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the… — Ludwig von Mises Copy Share Image
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other… — Ludwig von Mises Copy Share Image
Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest… — Ludwig von Mises Copy Share Image
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share Image
“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims… — Ludwig von Mises Copy Share Image
Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages… — Ludwig von Mises Copy Share Image
The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent… — Ludwig von Mises Copy Share Image
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense… — Ludwig von Mises Copy Share Image
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share Image
What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at… — Ludwig von Mises Copy Share Image
In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold… — Ludwig von Mises Copy Share Image
All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave… — Ludwig von Mises Copy Share Image