Ludwig von Mises Quotes - Page 20

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• Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.

  Ludwig von Mises

  Government, Law, Quality

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

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• Behaviorism proposes to study human behavior according to the methods developed by animal and infant psychology. It seeks to investigate reflexes and instincts, automatisms and unconscious reactions. But it has told us nothing about the reflexes that have built cathedrals, railroads, and fortresses, the instincts that have produced philosophies, poems, and legal systems, the automatisms that have resulted in the growth and decline of empires, the unconscious reactions that are splitting atoms.

  Ludwig von Mises

  Philosophy, Animal, Psychology

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• There are for man only two principles available for a mental grasp of reality, namely, those of teleology and causality. What cannot be brought under either of these categories is absolutely hidden to the human mind. An event not open to an interpretation by one of these two principles is for man inconceivable and mysterious. Change can be conceived as the outcome either of the operation of mechanistic causality or of purposeful behavior; for the human mind there is no third way available.

  Ludwig von Mises

  Truth, Learning, Knowledge

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• The Santa Claus principle liquidates itself.

  Ludwig von Mises

  Principles, Santa, Santa Claus

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• Against nature and within nature there is no freedom.

  Ludwig von Mises

  Nature, Freedom

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.166, VM eBooks

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• The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of contemporary governments. It is the pseudo-philosophy of those who can think of nothing else than to dissipate the capital accumulated by previous generations.

  Ludwig von Mises

  Philosophy, Thinking, Government

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

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• No increase in the welfare of the member of society can result from the availability of an additional quantity of money.

  Ludwig von Mises

  Availability, Welfare, Increase

  Ludwig von Mises (2013). “The Theory of Money and Credit”, p.86, Skyhorse Publishing, Inc.

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• American authors or scientists are prone to consider the wealthy businessman as a barbarian, as a man exclusively intent upon making money.

  Ludwig von Mises

  Men, Barbarians, Making Money

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.20, Ludwig von Mises Institute

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• The tow pillars of democratic government are the primacy of the law and the budget.

  Ludwig von Mises

  Government, Law, Pillars

  Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.39, VM eBooks

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• Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.

  Ludwig von Mises

  Peace, War, Division Of Labor

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

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• There is in the universe something for the description and analysis of which the natural sciences cannot contribute anything. There are events beyond the range of those events that the procedures of the natural sciences are fit to observe and describe. There is human action.

  Ludwig von Mises

  Society, Events, Analysis

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

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• Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being.

  Ludwig von Mises

  War, Victory, Well Being

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

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• Scientific criticism has no nobler task than to shatter false beliefs.

  Ludwig von Mises

  Criticism, Atheism, Tasks

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• A lasting order cannot be established by bayonets.

  Ludwig von Mises

  Peace, War, Order

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

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• Reason's biological function is to preserve and promote life and to postpone its extinction as long as possible. Thinking and acting are not contrary to nature; they are, rather, the foremost features of man's nature. The most appropriate description of man as differentiated from nonhuman beings is: a being purposively struggling against the forces adverse to his life.

  Ludwig von Mises

  Struggle, Men, Thinking

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

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• What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need.

  Ludwig von Mises

  Men, What Matters, People

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.81, Ludwig von Mises Institute

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• The prevailing legal and moral views of a time are held not only by those whom they benefit but by those, too, who appear to suffer from them. Their domination is expressed in that fact- that the people from whom they claim sacrifice accept them.

  Ludwig von Mises

  Sacrifice, Views, People

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.65, VM eBooks

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• You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the effort of men who are better than you. If this be arrogance, as some of your critics observed, it is still the truth that had to said in the age of the Welfare State.

  Ludwig von Mises

  Men, Effort, Arrogance

  Ludvig von Mises' letter to Ayn Rand praising Atlas Shrugged (January 23, 1958) as quoted in Jorg Guido Hulsmann "Mises: The Last Knight of Liberalism", September 4, 2007.

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• Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion; in short, protracted inflation.

  Ludwig von Mises

  Government, Rising Prices, Trying

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

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• Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.

  Ludwig von Mises

  War, Important, Revolution

  Ludwig von Mises (2013). “The Theory of Money and Credit”, p.224, Skyhorse Publishing, Inc.

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• Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.

  Ludwig von Mises

  Mean, Men, People

  Ludwig von Mises (2016). “Human Action”, p.16, Lulu Press, Inc

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• The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity.

  Ludwig von Mises

  Society, Scarcity, Natural

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

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• He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon the materialism of the economists.

  Ludwig von Mises

  Fall, Liberty, May

  Ludwig von Mises (2016). “Human Action”, p.241, Lulu Press, Inc

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• The inequality of income and fortunes is essential in capitalism.

  Ludwig von Mises

  Essentials, Income, Fortune

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

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• Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which are even less satisfactory than the conditions that prevailed before.

  Ludwig von Mises

  Government, Important, Realizing

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.45, Ludwig von Mises Institute

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