Ludwig von Mises Quotes - Page 7

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• The concept of a 'just' or 'fair' price is devoid of any scientific meaning; it is a disguise for wishes, a striving for a state of affairs different from reality.

  Ludwig von Mises

  Reality, Wish, Different

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

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• The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.

  Ludwig von Mises

  Running, Attitude, Real

  Ludwig Von Mises (1944). “Bureaucracy”

  32 Copy quote

• Unemployment doles can have no other effect than the perpetuation of unemployment.

  Ludwig von Mises

  Unemployment, Effects

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

  18 Copy quote

• The Marxians love of democratic institutions was a stratagem only, a pious fraud for the deception of the masses. Within a socialist community there is no room left for freedom.

  Ludwig von Mises

  Community, Deception, Rooms

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

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• There is no remedy for the inefficiency of public management.

  Ludwig von Mises

  Management, Remedy, Inefficiency

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

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• It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.

  Ludwig von Mises

  Book, Gun, Men

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

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• Nobody is in a position to decree what should make a fellow man happier.

  Ludwig von Mises

  Freedom, Men, Liberty

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

  4 Copy quote

• Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

  Ludwig von Mises

  Capitalist Economy, Liberty, Libertarian

  57 Copy quote

• The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.

  Ludwig von Mises

  Philosophy, Progressive Taxation, Class

  Ludwig von Mises (2015). “Middle of the Road Policy Leads to Socialism”, p.32, Ludwig von Mises Institute

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• The market and its inescapable law are supreme.

  Ludwig von Mises

  Law, Supreme

  Ludwig Von Mises (1947). “Planned Chaos”, p.3, Ludwig von Mises Institute

  7 Copy quote

• Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping toward destruction. Therefore, everyone, in his own interests, must thrust himself vigorously into the intellectual battle. None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.

  Ludwig von Mises

  Struggle, Responsibility, Men

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

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• No matter how efficient school training may be, it would only produce stagnation, orthodoxy, and rigid pedantry if there were no uncommon men pushing forward beyond the wisdom of their tutors.

  Ludwig von Mises

  School, Men, Training

  Ludwig von Mises (2016). “An Interpretation of Social and Economic Evolution: The Economist”, p.187, VM eBooks

  12 Copy quote

• The continued existence of society depends upon private property.

  Ludwig von Mises

  Existence, Property, Depends

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.73, VM eBooks

  9 Copy quote

• No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

  Ludwig von Mises

  Fall, Management, Prey

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

  6 Copy quote

• Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.

  Ludwig von Mises

  Mean, Simple, Division Of Labor

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• Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity.

  Ludwig von Mises

  Selfishness, Incentives, Laziness

  7 Copy quote

• All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave spontaneously.

  Ludwig von Mises

  Mean, Police, States

  Ludwig Von Mises (1947). “Planned Chaos”, p.13, Ludwig von Mises Institute

  17 Copy quote

• Political ideas that have dominated the public mind for decades cannot be refuted through rational arguments. They must run their course in life and cannot collapse otherwise than in great catastrophe.

  Ludwig von Mises

  Running, Ideas, Political

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• The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the application or the threat of force to behave otherwise than they would like to behave.

  Ludwig von Mises

  People, Liberty, Libertarian

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

  12 Copy quote

• Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is the renunciation of rational economy.

  Ludwig von Mises

  Taken, Dark, Would Be

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• This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen-and this is what freedom means-is in a position to choose his own way of life.

  Ludwig von Mises

  Mean, Order, Differences

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.23, Ludwig von Mises Institute

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• Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.

  Ludwig von Mises

  Loss, Ideas, Decision

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

  16 Copy quote

• If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty. Know that every breath is a miracle and every moment a blessing and you will achieve your dreams. Planning other people's actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.

  Ludwig von Mises

  Dream, Mean, Blessing

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• The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

  Ludwig von Mises

  Progress, Coercion, Resistance

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.45, VM eBooks

  13 Copy quote

• Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.

  Ludwig von Mises

  Spiritual, Intellectual, Firsts

  9 Copy quote

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