The philosophy of protectionism is a philosophy of war. The wars of our age are not at variance with popular economic doctrines;… — Ludwig von Mises Copy Share Image
In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding them temporarily… — Ludwig von Mises Copy Share Image
Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men. — Ludwig von Mises Copy Share Image
War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of… — Ludwig von Mises Copy Share Image
No increase in the welfare of the member of society can result from the availability of an additional quantity of money. — Ludwig von Mises Copy Share Image
The situation of having to belong to a state to which one does not wish is no less onerous if it is… — Ludwig von Mises Copy Share Image
Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish… — 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 characteristic feature of modern capitalism is mass production of goods destined for consumption by the masses. The result is a tendency… — 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.… — Ludwig von Mises Copy Share Image
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from… — Ludwig von Mises Copy Share Image
The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists… — Ludwig von Mises Copy Share Image
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether… — Ludwig von Mises Copy Share Image
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 Copy Share Image
Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no… — Ludwig von Mises Copy Share Image
The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living… — 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
