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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.

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
Passion
Price
Output
Goal
Actions
Input
Less
Cool
Desirable
Valuations
Action
Pay
Impulse
Burdensome
Also
Emotional
Acts
Inflamed
Would
Emotion
Sees
Valuation
Men
Liberty
Economics
Deliberation
Economic
Emotions
Distinguishes

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