Gold Quotes by Ludwig von Mises

10 Gold quotes by Ludwig von Mises

These ten quotes from Mises cut straight to the core of his economic reasoning about gold, giving you a brief but solid sense of his libertarian view on money.

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The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.

Ludwig von Mises

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The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This…

Ludwig von Mises

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Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender…

Ludwig von Mises

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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

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The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.

Ludwig von Mises

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If one takes pleasure in calling the gold standard a "barbarous relic," one cannot object to the application of the same term…

Ludwig von Mises

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As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in…

Ludwig von Mises

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Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the…

Ludwig von Mises

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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of…

Ludwig von Mises

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Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of…

Ludwig von Mises

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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

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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

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During the 2300 years since Plato, very little opposition has been registered to his ideas.

Ludwig von Mises

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“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

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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

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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

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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

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There is no kind of freedom and liberty other than the kind which the market economy brings about.

Ludwig von Mises

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Peace and not war is the father of all things.

Ludwig von Mises

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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

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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

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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

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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