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He who only wishes and hopes does not interfere actively with the course of events and with the shaping of his own destiny.
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
Course
Shaping
Wish
Actively
Doe
Interfere
Wishes
Hopes
Destiny
Events
Courses
More quotes by Ludwig von Mises
Reason is the main resource of man in his struggle for survival.
Ludwig von Mises
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.
Ludwig von Mises
What makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of labor in the long run best serves the selfish concerns of all individuals. The eminence of the market society is that its whole functioning and operation is the consummation of this principle.
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Under capitalism everybody provides for their own needs by serving others.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
Ludwig von Mises
You call it a 'loophole' when the government still allows you some freedom.
Ludwig von Mises
The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Against nature and within nature there is no freedom.
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There can be no freedom in art and literature where the government determines who shall create them.
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The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression.
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Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.
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The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.
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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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True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
Ludwig von Mises
Historical knowledge is indispensable for those who want to build a better world
Ludwig von Mises
Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.
Ludwig von Mises
One has to recognize that science is not metaphysics, and certainly not mysticism it can never bring us the illumination and the satisfaction experienced by one enraptured in ecstasy. Science is sobriety and clarity of conception, not intoxicated vision.
Ludwig von Mises
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
Ludwig von Mises
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
What workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.
Ludwig von Mises
