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In a battle between force and an idea, the latter always prevails.
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
Latter
Battle
Idea
Force
Ideas
Always
Prevails
More quotes by Ludwig von Mises
As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.
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Aggressors cannot wage total war without introducing Socialism.
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Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
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Big business always serve - directly or indirectly - the masses.
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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The market system is the basis of our civilization. Its only alternative is the Führer principle.
Ludwig von Mises
The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.
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What workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.
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Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But even he fulfills a function in the life of the social organism. He sets an example of luxury that awakens in the multitude a consciousness of new needs and gives industry the incentive to fulfill them.
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Capital is not a free gift of God or of nature. It is the outcome of a provident restriction of consumption on the part of man. It is created and increased by saving and maintained by the abstention from dissaving.
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To the grumbler who complains about the unfairness of the market system only one piece of advice can be given: If you want to acquire wealth, then try to satisfy the public by offering them something that is cheaper or which they like better....Equality under the law gives you the power to challenge every millionaire.
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On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction it can never improve it.
Ludwig von Mises
In life everything is continually in flux.
Ludwig von Mises
The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
Ludwig von Mises
There prevails on a free labor market a tendency toward full employment.
Ludwig von Mises
Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied... He who serves the public best, makes the highest profits.
Ludwig von Mises
The government and its chiefs do not have the powers of the mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others.
Ludwig von Mises
Under capitalism everybody is the architect of his own fortune.
Ludwig von Mises
Planning other people's actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
Ludwig von Mises
Government means always coercion and compulsion and is by necessity the opposite of liberty.
Ludwig von Mises