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Ludwig von Mises Quotes - Page 21

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The history of mankind is the history of ideas.

The history of mankind is the history of ideas.

Ludwig von Mises
Ideas, Mankind
Ludwig von Mises (1985). “Theory and History”, p.187, Ludwig von Mises Institute

What is a loophole? If the law does not punish a definite action or does not tax a definite thing, this is not a loophole. It is simply the law.

Ludwig von Mises
Law, Doe, Action

The Pseudo-liberals monopolize the teaching jobs at many universities. Only men who agree with them are appointed as teachers and instructors of the social sciences, and only textbooks supporting their ideas are used.

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

What can prevent the coming of totalitarian socialism is only a thorough change in ideologies. What we need is an open positive endorsement of that system to which we owe all the wealth that distinguished our age from the conditions of ages gone by.

Ludwig von Mises
Age, Needs, Gone

It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future event. In order to anticipate correctly they must also anticipate correctly the quantity as it were of each factor's contribution and the instant at which its contribution will become effective.

Ludwig von Mises
Determination, Order, Events

Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities of which, only a hundred years ago, not even the richest nabobs dreamed.

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

Public opinion always wants easy money, that is, low interest rates.

Ludwig von Mises
Money, Public Opinion, Want
"A Critique of Interventionism". Book by Ludwig von Mises, p. 163, 1929.

In many fields of the administration of interventionist measures, favoritism simply cannot be avoided.

Ludwig von Mises
Fields, Administration, Favoritism
Ludwig von Mises (2016). “Human Action”, p.918, Lulu Press, Inc

Despots and democratic majorities are drunk with power.

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

Peace and not war is the father of all things.

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

There is no such thing as a just and fair method of exercising the tremendous power that interventionism puts into the hands of the legislature and the executive.

Ludwig von Mises
Exercise, Hands, Legislature
Ludwig Von Mises (1963). “Human action: a treatise on economics”

The greater productivity of work under the division of labor is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a struggle for existence. It makes friends out of enemies, peace out of war, society out of individuals.

Ludwig von Mises
War, Struggle, Men
Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.260, VM eBooks

There is no other planning for freedom and general welfare than to let the market system work.

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

Seen from the point of view of the particular group interests of the bureaucrats, every measure that makes the government's payroll swell is progress.

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

In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy.

Ludwig von Mises
Dark, Determined, Socialism
Ludwig von Mises (2016). “Economic Calculation In the Socialist Commonwealth”, p.22, Lulu Press, Inc

Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people.

Ludwig von Mises
Men, People, Age
Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.3, Ludwig von Mises Institute

The market economy-capitalism-is a social system of consumers' supremacy.

Ludwig von Mises
Economy, Social, Supremacy
Ludwig Von Mises (1990). “Money, method, and the market process: essays”, Ludwig von Mises Institute

One has to recognize that science is not metaphysics, and certainly not mysticism; it can never bring us the illumination and the satisfaction experienced by one enraptured in ecstasy. Science is sobriety and clarity of conception, not intoxicated vision.

Ludwig von Mises
Illumination, Sobriety, Vision
Ludwig Von Mises (1960). “Epistemological Problems of Economics”, p.48, Ludwig von Mises Institute

A nation, therefore, has no right to say to a province: You belong to me, I want to take you. A province consists of its inhabitants. If anybody has a right to be heard in this case it is these inhabitants. Boundary disputes should be settled by plebiscite.

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

It is solely bigness in business which makes it possible to supply the masses with all those products the present-day American common man does not want to do without. Luxury goods for the few can be produced in small shops. Luxury goods for the many require big business.

Ludwig von Mises
Men, Luxury, Doe
Ludwig von Mises (2016). “An Interpretation of Social and Economic Evolution: The Economist”, p.105, VM eBooks

Socialism in Russia has not brought about an improvement in the conditions of the average man which can be compared with the improvement of conditions, during the same period, in the United States.

Ludwig von Mises
Freedom, Men, Russia
Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.36, Ludwig von Mises Institute

Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.

Ludwig von Mises
Past, Years, Two

It is important to remember that government interference always means either violent action or the threat of such action. The funds that a government spends for whatever purposes are levied by taxation. And taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend.

Ludwig von Mises
Mean, Thinking, Government
Ludwig von Mises (2016). “Human Action”, p.898, Lulu Press, Inc

Everybody thinks of economics whether he is aware of it or not. In joining a political party or in casting his ballot, the citizen implicitly takes a stand upon essential economic theories.

Ludwig von Mises
Party, Thinking, Political
Human Action: A Treatise on Economics ch. 38 (1949)

Lenin's ideal was to build a nation's production effort according to the model of the post office.

Ludwig von Mises
Office, Effort, Models

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