The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply. — Ludwig von Mises Copy Share Image
Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter. — Ludwig von Mises Copy Share Image
Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people. — 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
He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon… — Ludwig von Mises Copy Share Image
The study of economics has been again and again led astray by the vain idea that economics must proceed according to the… — Ludwig von Mises Copy Share Image
A short time ago the demagogues blamed capitalism for the poverty of the masses. Today they rather blame capitalism for the "affluence"… — Ludwig von Mises Copy Share Image
In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent… — Ludwig von Mises Copy Share Image
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
Once it has been perceived that the division of labour is the essence of society, nothing remains of the antithesis between individual… — Ludwig von Mises Copy Share Image
“It is illogical to say, as many etatists do, that liberalism is hostile to or hates the state, because it is opposed… — Ludwig von Mises Copy Share Image
It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They… — Ludwig von Mises Copy Share Image
The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists… — Ludwig von Mises Copy Share Image
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether… — Ludwig von Mises Copy Share Image
The main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of… — Ludwig von Mises Copy Share Image
All the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years… — Ludwig von Mises Copy Share Image
We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of… — 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
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 "progressives" who today masquerade as "liberals" may rant against "fascism"; yet it is their policy that paves the way for Hitlerism.… — Ludwig von Mises Copy Share Image
“Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new… — Ludwig Von Mises Copy Share Image
“As a rule, capitalism is blamed for the undesired effects of a policy directed at its elimination. The man who sips his… — 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
Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend… — Ludwig von Mises Copy Share Image
Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people. — Ludwig von Mises Copy Share Image
The supremacy of public opinion determines not only the singular role that economics occupies in the complex of thought and knowledge. It… — 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
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
Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that. — Ludwig von Mises Copy Share Image
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs. — Ludwig von Mises Copy Share Image
Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production. — Ludwig von Mises Copy Share Image
Everybody thinks of economics whether he is aware of it or not. In joining a political party or in casting his ballot,… — 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
Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand… — Ludwig von Mises Copy Share Image
The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be… — Ludwig von Mises Copy Share Image
In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined.… — Ludwig von Mises Copy Share Image
Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full… — 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
When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which… — Ludwig von Mises Copy Share Image
The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts… — 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