It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced… — Ludwig von Mises Copy Share Image
The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and… — Ludwig von Mises Copy Share Image
History has witnessed the failure of many endeavors to impose peace by war, cooperation by coercion, unanimity by slaughtering dissidents.... A lasting… — Ludwig von Mises Copy Share Image
In order to succeed in business a man does not need a degree from a school of business administration. These schools train… — Ludwig von Mises Copy Share Image
This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free… — Ludwig von Mises Copy Share Image
It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles… — 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 gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of… — 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
It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future… — Ludwig von Mises Copy Share Image
Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are… — Ludwig von Mises Copy Share Image
The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of… — Ludwig von Mises Copy Share Image
Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme… — Ludwig von Mises Copy Share Image
Monetary calculation is not the calculation, and certainly not the measurement, of value. Its basis is the comparison of the more important… — 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
The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences… — 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… — Ludwig von Mises Copy Share Image
Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world,… — 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
![“It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future event. In order to anticipate correctly they must also anticipate correctly the quantity as it were of each factor's contribution and the instant at which its contribution will…” quote by Ludwig von Mises](https://sms4smile.com/quotes/img-quotes/474/ludwig-von-mises-364_anticipate_it-is-not-enough-for-the-investor-to-kno_938558.jpg)
