Quote

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.

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
Action
Advantage
Substitutes
Every
Universal
Immediate
Step
Cooperation
Conditions
Isolated
Steps
Division
Concerted
Results
Improvement
Recognizable
Society
Peaceful
Derived
Individual
Labor
Advantages

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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.
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The uncouth hordes of common men are not fit to recognize duly the merits of those who eclipse their own wretchedness.
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What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.
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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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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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