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Mankind does not drink alcohol because there are breweries, distilleries, and vineyards men brew beer, distill spirits, and grow grapes because of the demand for alcoholic drinks.
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
Doe
Beer
Distill
Men
Alcohol
Brew
Demand
Vineyards
Drink
Alcoholic
Mankind
Drinks
Grow
Alcoholics
Grows
Grapes
Spirit
Spirits
Breweries
More quotes by Ludwig von Mises
The first socialists were the intellectuals they, and not the masses, are the backbone of Socialism.
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Science does not give us absolute and final certainty. It only gives us assurance within the limits of our mental abilities and the prevailing state of scientific thought.
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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.
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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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Servile labour disappeared because it could not stand the competition of free labour its un-profitability sealed its doom in the market economy.
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The issue is always the same: the government or the market. There is no third solution.
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Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
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The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and petition as in a militarist society, where the strong acquire by force, the weak by petitioning.
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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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Economically considered, war and revolution are always bad business.
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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.
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Only to bureaucrats can the idea occur that establishing new offices, promulgating new decrees, and increasing the number of government employees alone can be described as positive and beneficial measures.
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Every collectivist assumes a different source for the collective will, according to his own political, religious and national convictions.
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The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.
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Economic knowledge necessarily leads to liberalism
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The philosophy of protectionism is a philosophy of war. The wars of our age are not at variance with popular economic doctrines they are, on the contrary, the inescapable result of a consistent application of these doctrines.
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The final outcome of the credit expansion is general impoverishment.
Ludwig von Mises
The market system is the basis of our civilization. Its only alternative is the Führer principle.
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Government and state can never be perfect because they owe their raison d'être to the imperfection of man and can attain their end, the elimination of man's innate impulse to violence, only by recourse to violence, the very thing they are called upon to prevent.
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What impels every man to the utmost exertion in the service of his fellow man. Is, in the market not compulsion on the part of gendarmes, hangmen and penal courts, it is self interest.
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