Top Ludwig von Mises Quotes - Quotesmemo.com

Ludwig von Mises Biography

Ludwig von Mises

Ludwig Heinrich Edler von Mises (/ˈmiːziːz/;[better source needed] German: [ˈluːtvɪç fɔn ˈmiːzəs]; 29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist. Mises wrote and lectured extensively on behalf of classical liberalism. He is best known for his work on praxeology, a study of human choice and action.

Read about Ludwig von Mises in Wikipedia

Random Authors

Ludwig von Mises Quotes

The government pretends to be endowed with the mystical power to accord favors out of an inexhaustible horn of plenty. It is both omniscient and omnipotent. It can by a magic wand create happiness and abundance. The truth is the government cannot give if it does not take from somebody.

Give, Giving, Government, Magic, Pretends, Somebody

The essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of economic conditions.

Accumulation, Essence, Failure, Play, Roles, Saving

People must learn that the accumulation of wealth by the successful conduct of business is the corollary of the improvement of their own standard of living and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenities whose enjoyment is called the “American way of life.

American, Evil, People, Successful, Way, Wealth

In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors.

Achievement, Favor, Favors, Machine, Machines, Superiors

He who acts under an emotional impulse also acts. What distinguishes an emotional action from other actions is the valuation of input and output. Emotions disarrange valuations. Inflamed with passion, man sees the goal as more desirable and the price he has to pay for it as less burdensome than he would in cool deliberation.

Passion, Men, Emotional, Output, Input, Price

Spiritual movements are revolts of thought against inertia, of the few against the many; of those who because they are strong in spirit are strongest alone against those who can express themselves only in the mass and the mob, and who are significant only because they are numerous.

Spiritual, Strong, Freedom, Strongest, Thought, Alone

It is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process.

Kind, Drawbacks, Process, Principal

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

Society, Finals, Movement, Final, Utopian, Movements

War is harmful, not only to the conquered but to the conqueror. 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. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.

Father, War, Essence, Builds, Things, Destroys

The tow pillars of democratic government are the primacy of the law and the budget.

Democratic, Government, Law, Pillars, Tow

The prevailing legal and moral views of a time are held not only by those whom they benefit but by those, too, who appear to suffer from them. Their domination is expressed in that fact- that the people from whom they claim sacrifice accept them.

Appear, Fact, People, Sacrifice, Views

The system that would stand midway between capitalism and socialism.

Capitalism And Socialism, Midway, Socialism, Stand, System

What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.

Credit, Deposits, Expansion, Media, Sands, Sound

We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of production. Such absolutely perfect solutions of any problem are out of reach of mortal men. What the operation of a market not sabotaged by the interference of compulsion and coercion can bring about is merely the best solution accessible to the human mind under the given state of technological knowledge and the intellectual abilities of the age's shrewdest men.

Men, Perfect, Mind, Solution, Shrewdest, Intellectual

An intellectual inferiority of the masses would manifest itself most evidently in their aiming at the abolition of the system in which they themselves are supreme and are served by the elite of the most talented men.

Abolition, Egalitarianism, Equality, Manifest, Men, Talented

Those who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.

Mean, Arms, Defeat, Plan, Force

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics

Government, Law, Long, Economics, Bold, Disregard

There is, in fact, only one solution: the state, the government, the laws must not in any way concern themselves with schooling or education. Public funds must not be used for such purposes. The rearing and instruction of youth must be left entirely to parents and to private associations and institutions

Entirely, Government, Law, Laws, Parent, Way

History can tell us what happened in the past. But it cannot assert that it must happen again in the future.

Past, Historical, Happened, Happen, History, Tell

Man is not, like the animals, an obsequious puppet of instincts and sensual impulses. Man has the power to suppress instinctive desires, he has a will of his own, he chooses between incompatible ends.

Animal, Animals, Men, Puppet, Sensual, Suppress

1

...