Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in… — 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… — 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… — Ludwig von Mises Copy Share Image
It is true that some secluded intellectuals in their esoteric circles talk differently. They proclaim the priority of what they call eternal… — Ludwig von Mises Copy Share Image
Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to… — Ludwig von Mises Copy Share Image
They [intellectuals] coined most of the slogans that guided the butcheries of Bolshevism, Fascism, and Nazism. Intellectuals extolling the delights of murder,… — Ludwig von Mises Copy Share Image
The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions. — Ludwig von Mises Copy Share Image
The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in… — 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
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
Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people… — 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 democracy of the market consists in the fact that people themselves make their choices and that no dictator has the power… — 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