Quote

Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.

Ludwig von Mises

Change background

T
T
T

Change font

TAGS & TOPICS

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
Hard
Excel
Universities
Doctors
University
Masters
Taught
Self
Renowned
Many
Bachelors

More quotes by Ludwig von Mises

Image
A new type of superstition has got hold of people's minds, the worship of the state.
Ludwig von Mises
Image
The continued existence of society depends upon private property.
Ludwig von Mises
Image
The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.
Ludwig von Mises
Image
Every man aims at avoiding what causes him pain the activities of government ultimately consist in the infliction of pain. All great achievements of mankind were the product of a spontaneous effort on the part of individuals government substitutes coercion for voluntary action.
Ludwig von Mises
Image
Public opinion always wants easy money, that is, low interest rates.
Ludwig von Mises
Image
It is the rule of law alone which hinders the rulers from turning themselves into the worst gangsters.
Ludwig von Mises
Image
Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public services and undertakings. Private enterprise on the other hand naturally induces the owner to work with the greatest economy in his own interest.
Ludwig von Mises
Image
In a game there are winners and losers. But a business deal is always advantageous for both parties. If both the buyer and the seller were not to consider the transaction as the most advantageous action they could choose under the prevailing conditions, they would not enter into the deal.
Ludwig von Mises
Image
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
Image
The tricks and artifices of advertising are available to the seller of the better product no less than to the seller of the poorer product. But only the former enjoys the advantage derived from the better quality of his product.
Ludwig von Mises
Image
The usual terminology of political language is stupid. What is 'left' and what is 'right'? Why should Hitler be 'right' and Stalin, his temporary friend, be 'left'? Who is 'reactionary' and who is 'progressive'? Reaction against an unwise policy is not to be condemned. And progress towards chaos is not to be commended.
Ludwig von Mises
Image
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
Image
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.
Ludwig von Mises
Image
Some experts have declared that it is necessary to tax the people until it hurts. I disagree with these sadists.
Ludwig von Mises
Image
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
Image
Every collectivist assumes a different source for the collective will, according to his own political, religious and national convictions.
Ludwig von Mises
Image
The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.
Ludwig von Mises
Image
Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow.
Ludwig von Mises
Image
Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.
Ludwig von Mises
Image
The alcoholic and the drug addict harm only themselves by their behavior the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.
Ludwig von Mises