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There is no kind of freedom and liberty other than the kind which the market economy brings about.

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
Kind
Brings
Market
Liberty
Economy
Freedom

More quotes by Ludwig von Mises

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Under capitalism everybody is the architect of his own fortune.
Ludwig von Mises
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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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Plato and Hitler were both the same kind of consistent socialists who planned also for the production of future socialists, the breeding and education of future members of society.
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The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.
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The market economy-capitalism-is a social system of consumers' supremacy.
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All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave spontaneously.
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Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.
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Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful.
Ludwig von Mises
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The sharper the competition, the better it serves its social function to improve economic production.
Ludwig von Mises
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Some think that they will exercise power for the general good, but that is what all those with power have believed. Power is evil in itself, regardless of who exercises it.
Ludwig von Mises
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As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.
Ludwig von Mises
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
Ludwig von Mises
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The tow pillars of democratic government are the primacy of the law and the budget.
Ludwig von Mises
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Sovereignty must not be used for inflicting harm on anyone, whether citizen or foreigner.
Ludwig von Mises
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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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Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.
Ludwig von Mises
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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.
Ludwig von Mises
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During the 2300 years since Plato, very little opposition has been registered to his ideas.
Ludwig von Mises
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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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The history of mankind is the history of ideas.
Ludwig von Mises