The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital… — Ludwig von Mises Copy Share Image
What makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of… — Ludwig von Mises Copy Share Image
The market is not a place, a thing, or a collective entity. It is a process. — Ludwig von Mises Copy Share Image
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 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
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
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
The market is not a place, a thing, or a collective entity. The market is a process, actuated by the interplay of… — Ludwig von Mises Copy Share Image
“Nothing is more unpopular today than the free market economy, i.e., capitalism. Everything that is considered unsatisfactory in present-day conditions is charged… — Ludwig von Mises Copy Share Image
There is simply no other choice than this: either to abstain from interference in the free play of the market, or to… — Ludwig von Mises Copy Share Image
The issue is always the same: the government or the market. There is no third solution. — 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
The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are… — 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
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
“There has been much talk about the alleged exploitation of the debtor nations by the creditor nations. But if the concept of… — 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
The market system is the basis of our civilization. Its only alternative is the Führer principle. — 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
where Nietzsche's response to the equation of socialism and morality was to question the value of morality, at least as it had… — Ludwig von Mises Copy Share Image
Within the market society each serves all his fellow citizens and each is served by them. It is a system of mutual… — Ludwig von Mises Copy Share Image
There prevails on a free labor market a tendency toward full employment. — Ludwig von Mises Copy Share Image
Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand… — Ludwig von Mises Copy Share Image
The fundamental law of the market is: the customer is always right. — 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