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Ludwig von Mises Quotes - Page 5

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Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .

Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .

Ludwig von Mises
Government, Cogs, Arbitrary
Ludwig von Mises (2013). “The Theory of Money and Credit”, p.428, Skyhorse Publishing, Inc.

The masses favor socialism because they trust the socialist propaganda of the intellectuals. The intellectuals, not the populace, are molding public opinion.

Ludwig von Mises
Public Opinion, Favors, Socialism

All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.

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

The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.

Ludwig von Mises
Entrepreneur, Taxation, Succeed

Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.

Ludwig von Mises
Mean, Division Of Labor, Entrepreneur
Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

In a battle between force and an idea, the latter always prevails.

Ludwig von Mises
Ideas, Battle, Force
Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.37, VM eBooks

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

The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.

Ludwig von Mises
People, Entrepreneur, Done
Ludwig Von Mises (1963). “Human action: a treatise on economics”

Man is born an asocial and antisocial being. The newborn child is a savage. Egoism is his nature. Only the experience of life and the teachings of his parents, his brothers, sisters, playmates, and later of other people FORCE HIM to acknowledge the advantages of social cooperation and accordingly to change his behavior.

Ludwig von Mises
Brother, Children, Teaching

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. It would create poverty for all.

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

It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They believe that the authorities of a socialist commonwealth would pay them higher salaries than those that they earn under capitalism.

Ludwig von Mises
Believe, Envy, Feelings
Ludwig Von Mises (1963). “Human action: a treatise on economics”

Government is essentially the negation of liberty.

Ludwig von Mises
Government, Liberty, Negation

The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.

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

All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.

Ludwig von Mises
Evil, Outcomes, Evidence

People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.

Ludwig von Mises
Men, Rights, Division Of Labor
Ludwig von Mises (2016). “Human Action”, p.209, Lulu Press, Inc

Society cannot contribute anything to the breeding and growing of ingenious men. A creative genius cannot be trained. There are no schools for creativeness. A genius is precisely a man who defies all schools and rules, who deviates from the traditional roads of routine and opens up new paths through land inaccessible before. A genius is always a teacher, never a pupil; he is always self-made.

Ludwig von Mises
Teacher, School, Men
Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.13, VM eBooks

State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.

Ludwig von Mises
Growth, Done, Regulation
Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.426, VM eBooks

Under capitalism everybody provides for their own needs by serving others.

Ludwig von Mises
Needs, Serving Others, Capitalism

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

An entrepreneur cannot be trained. A man becomes and entrepreneur by seizing an opportunity and filling the gap. No special education is required for such a display of keen judgment, foresight, and energy.

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

Continued inflation inevitably leads to catastrophe.

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

The first thing a genius needs is to breath free air.

Ludwig von Mises
Air, Needs, Genius
Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.108, Ludwig von Mises Institute

The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments.

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

The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.

Ludwig von Mises
Party, Independent, Ambition
Ludwig von Mises (2016). “Human Action”, p.585, Lulu Press, Inc

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

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