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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
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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
Taught
Creative
Reared
Cannot
Defy
School
Geniuses
Men
Innovators
Precisely
Schools
Genius
More quotes by Ludwig von Mises
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
The aim of the popularization of economic studies is not to make every man an economist. The idea is to equip the citizen for his civic functions in community life.
Ludwig von Mises
If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes.
Ludwig von Mises
The democracy of the market consists in the fact that people themselves make their choices and that no dictator has the power to force them to submit to his value judgments.
Ludwig von Mises
Some experts have declared that it is necessary to tax the people until it hurts. I disagree with these sadists.
Ludwig von Mises
The interventionist policy (big government) provides thousands and thousands of people with safe, placid, and not too strenuous jobs at the expense of the rest of society.
Ludwig von Mises
Public opinion always wants easy money, that is, low interest rates.
Ludwig von Mises
In public administration there is no connection between revenue and expenditure.
Ludwig von Mises
There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.
Ludwig von Mises
The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize modern civilization, therefore, begins with private property.
Ludwig von Mises
All present-day governments are fanatically committed to an easy money policy.
Ludwig von Mises
In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy.
Ludwig von Mises
There is no other planning for freedom and general welfare than to let the market system work.
Ludwig von Mises
Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.
Ludwig von Mises
To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
Ludwig von Mises
What makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of labor in the long run best serves the selfish concerns of all individuals. The eminence of the market society is that its whole functioning and operation is the consummation of this principle.
Ludwig von Mises
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
The system that would stand midway between capitalism and socialism.
Ludwig von Mises
Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest of mankind follows them little by little.
Ludwig von Mises
The issue is always the same: the government or the market. There is no third solution.
Ludwig von Mises