The system that would stand midway between capitalism and socialism. — Ludwig von Mises Copy Share Image
The philosophy commonly called individualism is a philosophy of social cooperation and the progressive intensification of the social nexus. — Ludwig von Mises Copy Share Image
Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and… — Ludwig von Mises Copy Share Image
Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. — 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
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
Depressions and mass unemployment are not caused by the free market but by government interference in the economy. — Ludwig von Mises Copy Share Image
Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods. — Ludwig von Mises Copy Share Image
The word "Capitalism" expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas. — Ludwig von Mises Copy Share Image
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
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
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
Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is… — Ludwig von Mises Copy Share Image
“Since its appearance the view that prostitution is a product of capitalism has gained ground enormously. And as, in addition, preachers still… — 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… — Ludwig von Mises Copy Share Image
No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics… — 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
“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as… — Ludwig von Mises Copy Share Image
One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new… — Ludwig von Mises Copy Share Image
There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities… — Ludwig von Mises Copy Share Image
You know that the population is of this planet is now ten times greater than it was in the ages preceding capitalism.;… — Ludwig von Mises Copy Share Image
“Without exception all political parties promise their supporters a higher real income. There is no difference in this respect between nationalists and… — Ludwig Von Mises Copy Share Image
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from… — 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
“Praxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental,… — Ludwig von Mises Copy Share Image
Economics is not about things and tangible material objects; it is about men, their meanings and actions. — 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
The aim of the popularization of economic studies is not to make every man an economist. The idea is to equip the… — 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
Rulers do not like to admit that their power is restricted by any laws other than those of physics and biology. They… — 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
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
For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they… — Ludwig von Mises Copy Share Image
[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws… — Ludwig von Mises Copy Share Image
Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from… — 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
A citizen who casts his ballot without having to the best of his abilities studied as much economics as he can fails… — Ludwig von Mises Copy Share Image
Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy. — Ludwig von Mises Copy Share Image
“Romanticism is man's revolt against reason, as well as against the condition under which nature has compelled him to live.” — Ludwig von Mises Copy Share Image
It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production… — 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
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
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share
“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
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
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
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
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share
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
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
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
The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social… — Ludwig von Mises Copy Share
Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life;… — Ludwig von Mises Copy Share
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and… — Ludwig von Mises Copy Share
![“[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics” quote by Ludwig von Mises](https://sms4smile.com/quotes/i/f7f/ludwig-von-mises-364_disregard_e-conomic-history-is-a-long-record-of-go_1333335.jpg)
