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Fortunes cannot grow someone has to increase 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
Fortune
Increase
Grow
Grows
Cannot
Someone
Fortunes

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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
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Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away
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One has to recognize that science is not metaphysics, and certainly not mysticism it can never bring us the illumination and the satisfaction experienced by one enraptured in ecstasy. Science is sobriety and clarity of conception, not intoxicated vision.
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Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.
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Economic knowledge necessarily leads to liberalism
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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of affairs which - from the point of view of their authors and advocates valuations - is less desirable than the previous state of affairs which they were designed to alter.
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Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.
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In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain.
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Scientific research sooner or later, but inevitably, encounters something ultimately given that it cannot trace back to something else of which it would appear as the regular or necessary derivative. Scientific progress consists in pushing further back this ultimately given.
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Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.
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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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Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.
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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 first socialists were the intellectuals they, and not the masses, are the backbone of Socialism.
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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 masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.
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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
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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.
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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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