Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to… — 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
Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied...… — Ludwig von Mises Copy Share Image
“Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father… — Ludwig von Mises Copy Share Image
All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the… — Ludwig von Mises Copy Share Image
This dilettantish inability to comprehend the essential issues of the conduct of production affairs is not only manifested in the writings of… — Ludwig von Mises Copy Share Image
“It suffices here to say that the planned economy which the advocates of dictatorship wish to set up is precisely as socialistic… — Ludwig von Mises Copy Share Image
“All rational action is economic. All economic activity is rational action. All rational action is in the first place individual action. Only… — Ludwig von Mises Copy Share Image
Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people… — Ludwig von Mises Copy Share Image
Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the… — 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
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
“Therefore it is not arrogance or narrow-mindedness that leads the economist to discuss these things from the standpoint of economics. No one,… — 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
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
Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to… — Ludwig von Mises Copy Share Image
The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy,… — Ludwig von Mises Copy Share Image
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed… — 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 system that would stand midway between capitalism and socialism. — Ludwig von Mises Copy Share Image
There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against… — Ludwig von Mises Copy Share Image
Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon… — Ludwig von Mises Copy Share Image
In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord.… — 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
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