Quote

The history of mankind is the history of ideas.

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
Mankind
History
Ideas

More quotes by Ludwig von Mises

Image
Public opinion always wants easy money, that is, low interest rates.
Ludwig von Mises
Image
Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.
Ludwig von Mises
Image
The market and its inescapable law are supreme.
Ludwig von Mises
Image
Reason is the main resource of man in his struggle for survival.
Ludwig von Mises
Image
Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.
Ludwig von Mises
Image
The bureaucrat is not free to aim at improvement. He is bound to obey rules and regulations established by a superior body. He has no right to embark upon innovations if his superiors do not approve of them. His duty and his virtue is to be obedient.
Ludwig von Mises
Image
All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of affairs which - from the point of view of their authors and advocates valuations - is less desirable than the previous state of affairs which they were designed to alter.
Ludwig von Mises
Image
Historical knowledge is indispensable for those who want to build a better world
Ludwig von Mises
Image
Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.
Ludwig von Mises
Image
The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.
Ludwig von Mises
Image
War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.
Ludwig von Mises
Image
There is no other planning for freedom and general welfare than to let the market system work.
Ludwig von Mises
Image
Violent resistance against the power of the state is the last resort of the minority in its effort to break loose from the oppression of the majority. ... The citizen must not be so narrowly circumscribed in his activities that, if he thinks differently from those in power, his only choice is either to perish or to destroy the machinery of state.
Ludwig von Mises
Image
Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
Ludwig von Mises
Image
The market economy-capitalism-is a social system of consumers' supremacy.
Ludwig von Mises
Image
Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed. In their ranks the soldiers of the coming revolutions are recruited.
Ludwig von Mises
Image
The methods of the natural sciences cannot be applied to human behavior because this behaviorlacks the peculiarity that characterizes events in the field of the natural sciences, viz., regularity.
Ludwig von Mises
Image
It is not conclusive proof of a doctrine's correctness that its adversaries use the police, the hangman, and violent mobs to fight it. But it is a proof of the fact that those taking recourse to violent oppression are in their subconscious convinced of the untenability of their own doctrines.
Ludwig von Mises
Image
The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
Ludwig von Mises
Image
Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.
Ludwig von Mises