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Ludwig von Mises Quotes - Page 3

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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.

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.

Ludwig von Mises
Limits, Spheres, Individual
Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.53, VM eBooks

The fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is the people.

Ludwig von Mises
People, Boss, Facts
Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.21, Ludwig von Mises Institute

There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties.

Ludwig von Mises
Party, Government, Goal
Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence.

Ludwig von Mises
Philosophy, Men, Civilization
Ludwig Von Mises (1963). “Human action: a treatise on economics”

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

The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.

Ludwig von Mises
Development, Consumers, Capitalism

Under capitalism everybody is the architect of his own fortune.

Ludwig von Mises
Character, Kwanzaa, Architect
Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

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”

Do not give in to evil, but proceed ever more boldly against it.

Ludwig von Mises
Evil, Giving, Investing

The fundamental law of the market is: the customer is always right.

Ludwig von Mises
Law, Fundamentals, Customers
Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

He who serves the public best, makes the highest profits.

Ludwig von Mises
Profit, Highest

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

Society is best served when the means of production are in the possession of those who know how to use them best.

Ludwig von Mises
Mean, Use, Possession
Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.52, VM eBooks

Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.

Ludwig von Mises
Jobs, Thinking, Government
"Planned Chaos". Book by Ludwig von Mises, 1947.

Freedom really means the freedom to make mistakes.

Ludwig von Mises
Mistake, Mean, Making Mistakes
Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.22, Ludwig von Mises Institute

Progress is precisely that which rules and regulations did not foresee.

Ludwig von Mises
Progress, Rules And Regulations, Regulation

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.

Ludwig von Mises
Entrepreneur, Progress, Use
Ludwig Von Mises (1960). “Epistemological Problems of Economics”, p.243, Ludwig von Mises Institute

The Welfare State is merely a method for transforming the market economy step by step into socialism.

Ludwig von Mises
Steps, Socialism, Welfare

Education rears disciples, imitators, and routinists, not pioneers of new ideas and creative geniuses. The schools are not nurseries of progress and improvement, but conservatories of tradition and unvarying modes of thought.

Ludwig von Mises
Learning, School, Knowledge
Ludwig von Mises (1985). “Theory and History”, p.263, Ludwig von Mises Institute

Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest of mankind follows them little by little.

Ludwig von Mises
Men, Littles, Human Condition

The criterion of truth is that it works even if nobody is prepared to acknowledge it.

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

Whoever wants peace among nations must seek to limit the state and its influence most strictly.

Ludwig von Mises
Peace, War, Limits

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.

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

Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.

Ludwig von Mises
Taken, Magic, Liberty
Ludwig Von Mises (1963). “Human action: a treatise on economics”

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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