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Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.
Ludwig von Mises
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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Individual
Advanced
Government
Libertarian
Principle
Protect
Encroachments
Duty
Encroachment
Serious
Objections
Principles
Admitted
Freedom
Foolishness
More quotes by Ludwig von Mises
A new type of superstition has got hold of people's minds, the worship of the state.
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The real bosses, in the capitalist system of market economy, are the consumers.
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Nobody is in a position to decree what should make a fellow man happier.
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As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.
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War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.
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The idea of Socialism is at once grandiose and simple. . .We may say, in fact, that it is one of the most ambitious creations of the human spirit, . . .so magnificent, so daring, that it has rightly aroused the greatest admiration. If we wish to save the world from barbarism we have to refute Socialism, but we cannot thrust it carelessly aside.
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Against nature and within nature there is no freedom.
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The tow pillars of democratic government are the primacy of the law and the budget.
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The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order. The robber, on the other hand, is intent, not on honest toil, but on the forcible appropriation of the fruits of others' labor.
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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.
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Only to bureaucrats can the idea occur that establishing new offices, promulgating new decrees, and increasing the number of government employees alone can be described as positive and beneficial measures.
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There is no kind of freedom and liberty other than the kind which the market economy brings about.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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Science does not give us absolute and final certainty. It only gives us assurance within the limits of our mental abilities and the prevailing state of scientific thought.
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Economic knowledge necessarily leads to liberalism
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In public administration there is no connection between revenue and expenditure.
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In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain.
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Every restriction of trade creates vested interests that are from then on opposed to its removal.
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Historical knowledge is indispensable for those who want to build a better world
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The capitalist system, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living of the masses in an unprecedented way.
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