Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of… — Ludwig von Mises Copy Share Image
Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a… — Ludwig von Mises Copy Share Image
Nobody ever recommended a dictatorship aiming at ends other than those he himself approved. He who advocates dictatorship always advocates the unrestricted… — Ludwig von Mises Copy Share Image
Government and state can never be perfect because they owe their raison d'être to the imperfection of man and can attain their… — Ludwig von Mises Copy Share Image
In the land of the lotus-eaters there is no action. Action arises only from need, from dissatisfaction. It is purposeful striving towards… — Ludwig von Mises Copy Share Image
Welfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to… — Ludwig von Mises Copy Share Image
Man is not, like the animals, an obsequious puppet of instincts and sensual impulses. Man has the power to suppress instinctive desires,… — Ludwig von Mises Copy Share Image
As society is only possible if everyone, while living his own life, at the same time helps others to live; if every… — Ludwig von Mises Copy Share Image
It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus… — Ludwig von Mises Copy Share Image
The history of mankind is the history of ideas. For it is ideas, theories, and doctrines that guide human action, determine the… — 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
The avowed aim of all utopian movements is to put an end to history and to establish a final and permanent calm. — Ludwig von Mises Copy Share Image
Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum… — Ludwig von Mises Copy Share Image
Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of… — Ludwig von Mises Copy Share Image
Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and… — 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
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
As soon as we surrender the principle that the state should not interfere in any questions touching on the individuals mode of… — 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