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Ludwig von Mises Quotes - Page 8

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Big business always serve - directly or indirectly - the masses.

Big business always serve - directly or indirectly - the masses.

Ludwig von Mises
Bigs, Mass, Big Business

The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.

Ludwig von Mises
Men, Ideas, Two
Ludwig von Mises (2016). “Human Action”, p.1075, Lulu Press, Inc

Every step toward the elimination of profit is progress on the way toward social disintegration.

Ludwig von Mises
Progress, Way, Steps
Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

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”

This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen-and this is what freedom means-is in a position to choose his own way of life.

Ludwig von Mises
Mean, Order, Differences
Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.23, Ludwig von Mises Institute

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

It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.

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

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

Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

Ludwig von Mises
Mean, Progressive Taxation, People
Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.84, Ludwig von Mises Institute

The avowed aim of all utopian movements is to put an end to history and to establish a final and permanent calm.

Ludwig von Mises
Society, Finals, Movement
Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.106, Ludwig von Mises Institute

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”

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

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

As soon as we surrender the principle that the state should not interfere in any questions touching on the individuals mode of life, we end by regulating and restricting the latter down to the smallest details.

Ludwig von Mises
Touching, Principles, Details
Ludwig Von Mises (1962). “The free and prosperous commonwealth: an exposition of the ideas of classical liberalism”

Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

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

A free press can only exist where there is private control over the means of production

Ludwig von Mises
Mean, Free Press, Productions

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”

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

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

...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

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

In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.

Ludwig von Mises
People, Commodity, Lord

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

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

Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.

Ludwig von Mises
Loss, Ideas, Decision
Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

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