“If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about… — Ludwig von Mises Copy Share Image
The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment… — Ludwig von Mises Copy Share Image
He who acts under an emotional impulse also acts. What distinguishes an emotional action from other actions is the valuation of input… — Ludwig von Mises Copy Share Image
No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics… — Ludwig von Mises Copy Share Image
Spiritual movements are revolts of thought against inertia, of the few against the many; of those who because they are strong in… — Ludwig von Mises Copy Share Image
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 Copy Share Image
Liberty is meaningless if it is only the liberty to agree with those in power. — Ludwig von Mises Copy Share Image
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you. — 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
The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by… — Ludwig von Mises Copy Share Image
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised… — Ludwig von Mises Copy Share Image
Depressions and mass unemployment are not caused by the free market but by government interference in the economy. — 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
The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order.… — Ludwig von Mises Copy Share Image
The program of liberalism if condensed into a single word, would have to read: property, that is, private ownership of the means… — 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
If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those… — Ludwig von Mises Copy Share Image
Freedom and liberty always mean freedom from police interference. — Ludwig von Mises Copy Share Image
The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize… — Ludwig von Mises Copy Share Image
It is completely in accord with the etatist thinking prevalent everywhere today to consider a theory to be finally disposed of merely… — 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 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
“Repression by brute force is always a confession of the inability to make use of the better weapons of the intellect—better because… — Ludwig von Mises Copy Share Image
The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the… — 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