Ludwig von Mises Quotes - Page 5

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• Society cannot contribute anything to the breeding and growing of ingenious men. A creative genius cannot be trained. There are no schools for creativeness. A genius is precisely a man who defies all schools and rules, who deviates from the traditional roads of routine and opens up new paths through land inaccessible before. A genius is always a teacher, never a pupil; he is always self-made.

  Ludwig von Mises

  Teacher, School, Men

  Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.13, VM eBooks

  9 Copy quote

• The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

  Ludwig von Mises

  People, Entrepreneur, Demand

  Ludwig Von Mises, Israël M. Kirzner (1982). “Method, Process, and Austrian Economics: Essays in Honor of Ludwig Von Mises”, Lexington, Mass. : Lexington Books

  39 Copy quote

• Keynes did not teach us how to perform the miracle of turning a stone into bread, but the not at all miraculous procedure of eating the seed corn.

  Ludwig von Mises

  Miracle, Stones, Corn

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

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• The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

  Ludwig von Mises

  Struggle, Political, Police

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

  58 Copy quote

• Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom. Where there is no market economy, the best-intentioned provisions of constitutions and laws remain a dead letter.

  Ludwig von Mises

  Mean, Government, Law

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

  53 Copy quote

• Democracy is not a good that people can enjoy without trouble. It is, on the contrary, a treasure that must be daily defended and conquered anew by strenuous effort.

  Ludwig von Mises

  People, Effort, Democracy

  Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.112, VM eBooks

  8 Copy quote

• There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.

  Ludwig von Mises

  Entrepreneur, Earning, Reason Why

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

  8 Copy quote

• Under capitalism everybody provides for their own needs by serving others.

  Ludwig von Mises

  Needs, Serving Others, Capitalism

  16 Copy quote

• Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.

  Ludwig von Mises

  Men, Civilization, Facts

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.26, VM eBooks

  7 Copy quote

• Society is joint action and cooperation in which each participant sees the other partner's success as a means for the attainment of his own.

  Ludwig von Mises

  Inspirational, Mean, Joints

  Ludwig von Mises (2016). “Human Action”, p.210, Lulu Press, Inc

  10 Copy quote

• Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.

  Ludwig von Mises

  Party, Government, People

  10 Copy quote

• The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.

  Ludwig von Mises

  Government, Essentials, Enforcement

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

  19 Copy quote

• An entrepreneur cannot be trained. A man becomes and entrepreneur by seizing an opportunity and filling the gap. No special education is required for such a display of keen judgment, foresight, and energy.

  Ludwig von Mises

  Opportunity, Men, Entrepreneur

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

  11 Copy quote

• where Nietzsche's response to the equation of socialism and morality was to question the value of morality, at least as it had been customarily understood, economists like Mises and Hayek pursued a different path, one Nietzsche would never have dared to take: they made the market the very expression of morality.

  Ludwig von Mises

  Expression, Path, Different

  9 Copy quote

• The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. It would create poverty for all.

  Ludwig von Mises

  May, Poverty, Execution

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

  18 Copy quote

• Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in opposition to political power. It thus becomes the basis of all those activities that are free from violent interference on the part of the state. It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.

  Ludwig von Mises

  Political, Intellectual, Progress

  11 Copy quote

• All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.

  Ludwig von Mises

  Evil, Outcomes, Evidence

  7 Copy quote

• The living is not perfect because it is liable to change; the dead is not perfect because it does not live.

  Ludwig von Mises

  Perfect, Doe, Liable

  Ludwig von Mises (2016). “Human Action”, p.89, Lulu Press, Inc

  5 Copy quote

• Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

  Ludwig von Mises

  Government, Political, Socialism

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

  10 Copy quote

• People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.

  Ludwig von Mises

  Men, Rights, Division Of Labor

  Ludwig von Mises (2016). “Human Action”, p.209, Lulu Press, Inc

  13 Copy quote

• The essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of economic conditions.

  Ludwig von Mises

  Essence, Play, Roles

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

  4 Copy quote

• Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. There is no such thing as a mixed economy, a system that would stand midway between capitalism and socialism.

  Ludwig von Mises

  Mean, Organization, Two

  31 Copy quote

• In a game there are winners and losers. But a business deal is always advantageous for both parties. If both the buyer and the seller were not to consider the transaction as the most advantageous action they could choose under the prevailing conditions, they would not enter into the deal.

  Ludwig von Mises

  Party, Business Deals, Games

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

  17 Copy quote

• What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.

  Ludwig von Mises

  Men, People, Liberty

  15 Copy quote

• The philosophy of protectionism is a philosophy of war. The wars of our age are not at variance with popular economic doctrines; they are, on the contrary, the inescapable result of a consistent application of these doctrines.

  Ludwig von Mises

  Philosophy, War, Age

  15 Copy quote

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