Ludwig von Mises Quotes - Page 3

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• A new type of superstition has got hold of people's minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!

  Ludwig von Mises

  Exercise, Idols, People

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

  28 Copy quote

• Economics is not about things and tangible material objects; it is about men, their meanings and actions.

  Ludwig von Mises

  Motivational, Success, Men

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

  31 Copy quote

• If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

  Ludwig von Mises

  World, Increase, Purchasing Power

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.66, Ludwig von Mises Institute

  24 Copy quote

• The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.

  Ludwig von Mises

  Country, Men, Numbers

  Ludwig Von Mises (2008). “Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses”

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• The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.

  Ludwig von Mises

  Causes, Credit, Four

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• All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

  Ludwig von Mises

  Thinking, Firsts, Action

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.86, VM eBooks

  27 Copy quote

• Historical knowledge is indispensable for those who want to build a better world

  Ludwig von Mises

  Historical Knowledge, World, Want

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

  14 Copy quote

• The government and its chiefs do not have the powers of the mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others.

  Ludwig von Mises

  Government, People, Pockets

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

  11 Copy quote

• Do not give in to evil, but proceed ever more boldly against it.

  Ludwig von Mises

  Evil, Giving, Investing

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• Whoever wishes peace among peoples must fight statism.

  Ludwig von Mises

  War, Fighting, Wish

  24 Copy quote

• The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

  Ludwig von Mises

  Peace, War, Roots

  83 Copy quote

• Taxing profits is tantamount to taxing success.

  Ludwig von Mises

  Profit

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

  23 Copy quote

• Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .

  Ludwig von Mises

  Government, Cogs, Arbitrary

  Ludwig von Mises (2013). “The Theory of Money and Credit”, p.428, Skyhorse Publishing, Inc.

  14 Copy quote

• Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.

  Ludwig von Mises

  Mean, Government, Political

  Ludwig Von Mises (1944). “Bureaucracy”

  27 Copy quote

• Depression is the aftermath of credit expansion.

  Ludwig von Mises

  Expansion, Aftermath, Credit

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

  23 Copy quote

• The Welfare State is merely a method for transforming the market economy step by step into socialism.

  Ludwig von Mises

  Steps, Socialism, Welfare

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• Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.

  Ludwig von Mises

  Jobs, Thinking, Government

  "Planned Chaos". Book by Ludwig von Mises, 1947.

  15 Copy quote

• Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.

  Ludwig von Mises

  Hard Work, Doctors, Self

  Ludwig von Mises (1985). “Theory and History”, p.263, Ludwig von Mises Institute

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• Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite.

  Ludwig von Mises

  Men, Average, People

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.49, Ludwig von Mises Institute

  13 Copy quote

• The final outcome of the credit expansion is general impoverishment.

  Ludwig von Mises

  Expansion, Finals, Credit

  24 Copy quote

• The worst law is better than bureaucratic tyranny.

  Ludwig von Mises

  Law, Tyranny, Worst

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

  8 Copy quote

• The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.

  Ludwig von Mises

  People, Want, Dictator

  Ludwig Von Mises (1947). “Planned Chaos”, p.15, Ludwig von Mises Institute

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• It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They believe that the authorities of a socialist commonwealth would pay them higher salaries than those that they earn under capitalism.

  Ludwig von Mises

  Believe, Envy, Feelings

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

  24 Copy quote

• The fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is the people.

  Ludwig von Mises

  People, Boss, Facts

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.21, Ludwig von Mises Institute

  39 Copy quote

• Society is best served when the means of production are in the possession of those who know how to use them best.

  Ludwig von Mises

  Mean, Use, Possession

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.52, VM eBooks

  23 Copy quote

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