The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production.… — Ludwig von Mises Copy Share Image
The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize… — Ludwig von Mises Copy Share Image
The public firm can nowhere maintain itself in free competition with the private firm; it is possible today only where it has… — Ludwig von Mises Copy Share Image
The sharper the competition, the better it serves its social function to improve economic production. — Ludwig von Mises Copy Share Image
All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters,… — Ludwig von Mises Copy Share Image
Economic control is not merely control of a sector of human life that can be separated from the rest; it is the… — Ludwig von Mises Copy Share Image
The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories,… — Ludwig von Mises Copy Share Image
The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern… — Ludwig von Mises Copy Share Image
Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of… — Ludwig von Mises Copy Share Image
What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market… — Ludwig von Mises Copy Share Image
As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of… — Ludwig von Mises Copy Share Image
The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion,… — Ludwig von Mises Copy Share Image
Education rears disciples, imitators, and routinists, not pioneers of new ideas and creative geniuses. The schools are not nurseries of progress and… — Ludwig von Mises Copy Share Image
To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring… — Ludwig von Mises Copy Share Image
War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of… — Ludwig von Mises Copy Share Image
The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what… — Ludwig von Mises Copy Share Image
The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living… — Ludwig von Mises Copy Share Image
The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments. — Ludwig von Mises Copy Share Image
All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by… — Ludwig von Mises Copy Share Image
The program of classical liberalism, condensed into a single word, would have to read: property. — Ludwig von Mises Copy Share Image
Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism… — Ludwig von Mises Copy Share Image
War is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the… — Ludwig von Mises Copy Share Image
It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as… — Ludwig von Mises Copy Share Image
As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific. — 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