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He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon the materialism of the economists.

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
Fall
Libertarian
Disdain
May
Cast
Famine
Firsts
Stone
Libertarianism
Disdains
First
Casts
Plague
Famines
Economics
Materialism
Plagues
Stones
Economist
Disappearance
Liberty
Infant
Gradual
Upon
Mortality
Economists

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No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.
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Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.
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There is no other planning for freedom and general welfare than to let the market system work.
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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to business.
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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.
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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.
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The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.
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Nobody can be at the same time a correct bureaucrat and an innovator
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There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.
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Scientific criticism has no nobler task than to shatter false beliefs.
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You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the effort of men who are better than you. If this be arrogance, as some of your critics observed, it is still the truth that had to said in the age of the Welfare State.
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War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought to celebrate earthquakes and cholera as stimulators of the productive forces in the general interest.
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Aggressors cannot wage total war without introducing Socialism.
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Keynes did not teach us how to perform the miracle of turning a stone into bread, but the not at all miraculous procedure of eating the seed corn.
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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 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.
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Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages derived from peaceful cooperation and division of labor are universal.
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How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
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The market system makes all producers responsible to the consumer.
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