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Ludwig von Mises Quotes - Page 14

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Human action is purposeful behavior.

Human action is purposeful behavior.

Ludwig von Mises
Action, Behavior, Humans
Ludwig von Mises (2016). “Human Action”, p.17, Lulu Press, Inc

Everything brought forward in favor of Socialism during the last hundred years, in thousands of writings and speeches, all the blood which has been spilt by the supporters of Socialism, cannot make socialism workable.

Ludwig von Mises
Writing, Blood, Years
Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.109, VM eBooks

The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.

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

In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding them temporarily and logically. What a man considers his interest is the result of his ideas.

Ludwig von Mises
Independent, Reality, Men

The market system makes all producers responsible to the consumer.

Ludwig von Mises
Responsible, Producers, Consumers

No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.

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

Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.

Ludwig von Mises
Men, Competition, Fellow Man

The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders.

Ludwig von Mises
Believe, Order, People
"Human Action".

In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold weather and rain.... the demand for goods is widely influenced by metaphysical, religious, and ethical considerations, by aesthetic value judgments, by customs, habits, prejudice, tradition, changing fashions, and many other things.

Ludwig von Mises
Religious, Fashion, Rain
Ludwig von Mises (2016). “Human Action”, p.290, Lulu Press, Inc

What is lacking to the underdeveloped nations is not knowledge, but capital.

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

What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.

Ludwig von Mises
Economic, Economy, Sovereignty
"Liberty and Property". Book by Ludwig von Mises, October 15, 1958.

It is always the individual who thinks. Society does not think any more than it eats or drinks. The evolution of human reasoning from the naive thinking of primitive man to the more subtle thinking of modern science took place within society. However, thinking itself is always an achievement of individuals.

Ludwig von Mises
Men, Thinking, Primitive Man
Ludwig Von Mises (1963). “Human action: a treatise on economics”

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

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

Thoughts and ideas are not phantoms. They are real things. Although intangible and immaterial, they are factors in bringing about changes in the realm of tangible and material things.

Ludwig von Mises
Real, Ideas, Tangible
Ludwig von Mises (2016). “An Interpretation of Social and Economic Evolution: The Economist”, p.69, VM eBooks

The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.

Ludwig von Mises
Average, Enjoy, Workers
Ludwig von Mises (2016). “Human Action”, p.327, Lulu Press, Inc

Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.

Ludwig von Mises
Freedom, Government, Principles
Ludwig Von Mises (1963). “Human action: a treatise on economics”

The market system is the basis of our civilization. Its only alternative is the Führer principle.

Ludwig von Mises
Civilization, Principles, Alternatives

It has always been the task of the new generation to provoke changes.

Ludwig von Mises
Tasks, Generations, Provoking
Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

All almsgiving inevitably tends to pauperize the recipient.

Ludwig von Mises
Almsgiving
Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.424, VM eBooks

The supremacy of public opinion determines not only the singular role that economics occupies in the complex of thought and knowledge. It determines the whole process of human history.

Ludwig von Mises
Historical, Public Opinion, Roles
Ludwig Von Mises (1963). “Human action: a treatise on economics”

It is evident that youth is the first victim of the trend toward bureaucratization. The young men are deprived of any opportunity to shape their own fate.

Ludwig von Mises
Fate, Opportunity, Men
Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.90, VM eBooks

Science does not give us absolute and final certainty. It only gives us assurance within the limits of our mental abilities and the prevailing state of scientific thought.

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

In the land of the lotus-eaters there is no action. Action arises only from need, from dissatisfaction. It is purposeful striving towards something. Its ultimate end is always to get rid of a condition which is conceived to be deficient-to fulfill a need, to achieve satisfaction, to increase happiness.

Ludwig von Mises
Land, Lotuses, Needs
Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.85, VM eBooks

Reason is the main resource of man in his struggle for survival.

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

If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.

Ludwig von Mises
Wisdom, Art, Mean

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