The supremacy of public opinion determines not only the singular role that economics occupies in the complex of thought and knowledge. It… — Ludwig von Mises Copy Share Image
If people do not consume their whole incomes, the non-consumed surplus can be invested, it increases the amount of capital goods available… — Ludwig von Mises Copy Share Image
The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of… — Ludwig von Mises Copy Share Image
Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors. — Ludwig von Mises Copy Share Image
Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates. — Ludwig von Mises Copy Share Image
An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The… — 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 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
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 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
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
