The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to… — 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
Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods. — Ludwig von Mises Copy Share Image
Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But… — Ludwig von Mises Copy Share Image
Reason's biological function is to preserve and promote life and to postpone its extinction as long as possible. Thinking and acting are… — Ludwig von Mises Copy Share Image
It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction. — Ludwig von Mises Copy Share Image
Competition on the market aims at assigning to every individual that function in the social system in which he can render to… — Ludwig von Mises Copy Share Image
The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in… — 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
Every extension of the functions and power of the State beyond its primary duty of maintaining peace and justice should be scrutinized… — Ludwig von Mises Copy Share Image
A famous, very often quoted phrase says: "That government is best, which governs least." I do not believe this to be a… — 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
