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The comparatively greater prosperity of the United States is an outcome of the fact that the New Deal did not come in 1900 or 1910, but only in 1933.
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
Come
Prosperity
Deal
Deals
Greater
Fact
United
Comparatively
Facts
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States
Outcomes
More quotes by Ludwig von Mises
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.
Ludwig von Mises
The idea of Socialism is at once grandiose and simple. . .We may say, in fact, that it is one of the most ambitious creations of the human spirit, . . .so magnificent, so daring, that it has rightly aroused the greatest admiration. If we wish to save the world from barbarism we have to refute Socialism, but we cannot thrust it carelessly aside.
Ludwig von Mises
Economically considered, war and revolution are always bad business.
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
A new type of superstition has got hold of people's minds, the worship of the state.
Ludwig von Mises
Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
Ludwig von Mises
Education rears disciples, imitators, and routinists, not pioneers of new ideas and creative geniuses. The schools are not nurseries of progress and improvement, but conservatories of tradition and unvarying modes of thought.
Ludwig von Mises
What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
Ludwig von Mises
The market system is the basis of our civilization. Its only alternative is the Führer principle.
Ludwig von Mises
It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction of competition, construction.
Ludwig von Mises
Keynes did not teach us how to perform the miracle of turning a stone into bread, but the not at all miraculous procedure of eating the seed corn.
Ludwig von Mises
Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that.
Ludwig von Mises
In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain.
Ludwig von Mises
How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
Ludwig von Mises
Historical knowledge is indispensable for those who want to build a better world
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
Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.
Ludwig von Mises
You call it a 'loophole' when the government still allows you some freedom.
Ludwig von Mises
A new type of superstition has got hold of people's minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
Ludwig von Mises
where Nietzsche's response to the equation of socialism and morality was to question the value of morality, at least as it had been customarily understood, economists like Mises and Hayek pursued a different path, one Nietzsche would never have dared to take: they made the market the very expression of morality.
Ludwig von Mises
