Ludwig von Mises Quotes - Page 11

Quotes about:

• People must learn that the accumulation of wealth by the successful
  conduct of business is the corollary of the improvement of their own standard of
  living and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenities
  whose enjoyment is called the “American way of life.

  Ludwig von Mises

  Successful, People, Evil

  Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

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• Mankind does not drink alcohol because there are breweries, distilleries, and vineyards; men brew beer, distill spirits, and grow grapes because of the demand for alcoholic drinks.

  Ludwig von Mises

  Beer, Men, Alcohol

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• The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.

  Ludwig von Mises

  Marketing, Principles, Needs

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• The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order. The robber, on the other hand, is intent, not on honest toil, but on the forcible appropriation of the fruits of others' labor.

  Ludwig von Mises

  Men, Hands, Order

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.137, VM eBooks

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• To assign to everybody his proper place in society is the task of the consumers. Their buying and abstention from buying is instrumental in determining each individual's social position.

  Ludwig von Mises

  Tasks, Buying, Individual

  Ludwig von Mises (2016). “Human Action”, p.340, Lulu Press, Inc

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• The salesman thanks the customer for patronizing his shop and asks him to come again. But the socialists say: Be grateful to Hitler, render thanks to Stalin; be nice and submissive, then the great man will be kind to you later too.

  Ludwig von Mises

  Nice, Grateful, Men

  Ludwig Von Mises (1985). “Omnipotent Government: The Rise of the Total State and Total War”, Libertarian Press

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• Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and the theories.

  Ludwig von Mises

  Ideas, Facts, Interpretation

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.465, VM eBooks

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• War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.

  Ludwig von Mises

  Money, War, Doe

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• What is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors, and the entrepreneurs, operating in a market economy as far as it is not sabotaged by the endeavors of the nonprogressive majority of the routinists and the public policies supported by them.

  Ludwig von Mises

  Class, Entrepreneur, Progress

  Ludwig Von Mises (1962). “The Ultimate Foundation of Economic Science: An Essay on Method”

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• What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at substituting new values and ideas for old ones.

  Ludwig von Mises

  Men, Ideas, He Man

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.51, Ludwig von Mises Institute

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• The avowed aim of all utopian movements is to put an end to history and to establish a final and permanent calm.

  Ludwig von Mises

  Society, Finals, Movement

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.106, Ludwig von Mises Institute

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• It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced the capitalist order, everyone would become poorer.

  Ludwig von Mises

  Order, Income, Rich

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.397, VM eBooks

  8 Copy quote

• History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.

  Ludwig von Mises

  Government, Example, Doe

  Ludwig Von Mises (1963). “Human action: a treatise on economics”

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• The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.

  Ludwig von Mises

  Entrepreneur, Taxation, Succeed

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• All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of affairs which - from the point of view of their authors and advocates valuations - is less desirable than the previous state of affairs which they were designed to alter.

  Ludwig von Mises

  Views, Liberty, Failing

  Ludwig Von Mises (1944). “Bureaucracy”

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• There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.

  Ludwig von Mises

  Government, Play, Choices

  Ludwig Von Mises (1962). “The free and prosperous commonwealth: an exposition of the ideas of classical liberalism”

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• Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed. In their ranks the soldiers of the coming revolutions are recruited.

  Ludwig von Mises

  Order, People, Political

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.444, VM eBooks

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• To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war.

  Ludwig von Mises

  Peace, War, Defeat

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• The state is the only institution entitled to apply coercion and compulsion and to inflict harm upon individuals. This tremendous power cannot be abandoned to the discretion of some men, however competent and clever they may deem themselves. It is necessary to restrict its application. This is the task of the laws.

  Ludwig von Mises

  Clever, Men, Law

  Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

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• Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.

  Ludwig von Mises

  Successful, Progressive Taxation, Names

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• There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.

  Ludwig von Mises

  World, Environment, Economic

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• As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.

  Ludwig von Mises

  Government, Gold, Height

  Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

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• All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.

  Ludwig von Mises

  Successful, Men, Envy

  Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

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• Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.

  Ludwig von Mises

  Philosophical, Hands, Ideas

  Ludwig Von Mises (1978). “On the Manipulation of Money and Credit”, Dobbs Ferry, N.Y. : Free Market Books

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• The word "Capitalism" expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas.

  Ludwig von Mises

  Ideas, Evil, Age

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.2, VM eBooks

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