Ludwig von Mises Quotes - Page 9

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• Welfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to attain, but - on the contrary - bring about a state of affairs which - from the very point of view of the government and its supporters - is even more unsatisfactory than the previous state of affairs they wanted to 'improve.'

  Ludwig von Mises

  Government, Self, Views

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

  22 Copy quote

• The [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be raised without harm to anybody. They speak of profit without dealing with loss. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities. A profitable enterprise tends to expand; an unprofitable one tends to shrink. The elimination of profit renders production rigid and abolishes the consumer's control.

  Ludwig von Mises

  Mean, Eye, Loss

  7 Copy quote

• Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.

  Ludwig von Mises

  Voice, Mind, Trying

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

  12 Copy quote

• For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.

  Ludwig von Mises

  Men, Differences, Liberty

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.409, VM eBooks

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• Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulates riches.

  Ludwig von Mises

  Order, Giving, Competition

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

  16 Copy quote

• War is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.

  Ludwig von Mises

  War, Father, Essence

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.44, VM eBooks

  15 Copy quote

• Economic control is not merely control of a sector of human life that can be separated from the rest; it is the control of the means for all our ends.

  Ludwig von Mises

  Mean, Economic, Ends

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

  12 Copy quote

• There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed. This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.

  Ludwig von Mises

  Party, Mean, Government

  10 Copy quote

• Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

  Ludwig von Mises

  Doe, Unemployment, Granted

  8 Copy quote

• The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.

  Ludwig von Mises

  Wealth, Capacity, Mass

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

  18 Copy quote

• When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.

  Ludwig von Mises

  Mean, Entrepreneur, Liberty

  16 Copy quote

• ...this remedy is the power of the citizens; they have to prevent the establishment of such an autocratic regime that arrogates to itself a higher wisdom than that of the average citizen. This is the fundamental difference between freedom and serfdom.

  Ludwig von Mises

  Freedom, Average, Differences

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.54, Ludwig von Mises Institute

  15 Copy quote

• The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.

  Ludwig von Mises

  Men, Earning, Social

  7 Copy quote

• If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely.

  Ludwig von Mises

  Government, Disappear Completely, Practice

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

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• No people and no part of a people shall be held against its will in a political association that it does not want.

  Ludwig von Mises

  People, Political, Doe

  32 Copy quote

• The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

  Ludwig von Mises

  Want, Way, Economic

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.17, Ludwig von Mises Institute

  11 Copy quote

• The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.

  Ludwig von Mises

  Thinking, People, Historical

  8 Copy quote

• Almost all the fathers of socialism were members of the upper middle class or of the professions.

  Ludwig von Mises

  Father, Class, Socialism

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

  8 Copy quote

• Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.

  Ludwig von Mises

  Men, Civilization, Quality

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

  14 Copy quote

• The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.

  Ludwig von Mises

  Men, Liberty, Quality

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.1, Ludwig von Mises Institute

  16 Copy quote

• There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.

  Ludwig von Mises

  Country, Way, Mass

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.13, Ludwig von Mises Institute

  15 Copy quote

• A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.

  Ludwig von Mises

  Men, Way, Wealth

  Ludwig von Mises (2016). “Human Action”, p.335, Lulu Press, Inc

  16 Copy quote

• The sharper the competition, the better it serves its social function to improve economic production.

  Ludwig von Mises

  Competition, Economic, Social

  12 Copy quote

• Every innovation makes its appearance as a 'luxury' of the few well-to-do. After industry has become aware of it, the luxury then becomes a 'necessity' for all.

  Ludwig von Mises

  Luxury, Innovation, Appearance

  5 Copy quote

• The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.

  Ludwig von Mises

  Drug, Morality, Behavior

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.22, VM eBooks

  11 Copy quote

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