Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
The socialist system, however, forbids this fundamental freedom to choose one's own career. Under socialist conditions, there is only one economic authority, and it has the right to determine all matters concerning production.
Ludwig von Mises
Share
Change background
T
T
T
Change font
Original
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
Choose
Fundamental
Conditions
Fundamentals
System
Determine
Forbids
Economic
Matters
Concerning
Freedom
However
Socialist
Matter
Authority
Socialism
Right
Career
Production
Careers
Productions
More quotes by Ludwig von Mises
The characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties were eager to restrict the sphere of private initiative and free enterprise.
Ludwig von Mises
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.
Ludwig von Mises
How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
Ludwig von Mises
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
As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.
Ludwig von Mises
A new type of superstition has got hold of people's minds, the worship of the state.
Ludwig von Mises
Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings.
Ludwig von Mises
A higher standard of living also brings about a higher standard of culture and civilization.
Ludwig von Mises
Despots and democratic majorities are drunk with power.
Ludwig von Mises
Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.
Ludwig von Mises
Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?
Ludwig von Mises
The issue is always the same: the government or the market. There is no third solution.
Ludwig von Mises
He who serves the public best, makes the highest profits.
Ludwig von Mises
If people do not consume their whole incomes, the non-consumed surplus can be invested, it increases the amount of capital goods available and thereby makes it possible to embark upon projects which could not be executed before.
Ludwig von Mises
The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
Ludwig von Mises
A short time ago the demagogues blamed capitalism for the poverty of the masses. Today they rather blame capitalism for the affluence that it bestows upon the common man.
Ludwig von Mises
Plato and Hitler were both the same kind of consistent socialists who planned also for the production of future socialists, the breeding and education of future members of society.
Ludwig von Mises
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
Ludwig von Mises
Those who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.
Ludwig von Mises
Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.
Ludwig von Mises