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Ludwig Von Mises Quotes
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The liberals of the eighteenth century, guided by the ideas of natural law and of the Enlightenment, demanded for everyone equality of political and civil rights... Nothing, however, is as ill-founded as the assertion of the alleged equality of all members of the human race (Ludwig Von Mises Quotes)
The men who are to protect the community against violent aggression easily turn into the most dangerous aggressors. They transgress their mandate. They misuse their power for the oppression of those whom they were expected to defend against oppression. The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty (Ludwig Von Mises Quotes)
The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order. The robber, on the other hand, is intent, not on honest toil, but on the forcible appropriation of the fruits of others’ labor (Ludwig Von Mises Quotes)
Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism (Ludwig Von Mises Quotes)
The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the ‘deficit spending’ policies of contemporary governments. It is the pseudo-philosophy of those who can think of nothing else than to dissipate the capital accumulated by previous generations (Ludwig Von Mises Quotes)
The characteristic feature of modern capitalism is mass production of goods destined for consumption by the masses. The result is a tendency towards a continuous improvement in the average standard of living, a progressing enrichment of the many (Ludwig Von Mises Quotes)
What ranks above all else for economic and political reconstruction is a radical change of ideologies. Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem (Ludwig Von Mises Quotes)
Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people. (Ludwig Von Mises Quotes)
Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities of which, only a hundred years ago, not even the richest nabobs dreamed. (Ludwig Von Mises Quotes)
The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him. (Ludwig Von Mises Quotes)
The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices; that neither exportation nor importation can occur if there are no differences in prices to make trade profitable. (Ludwig Von Mises Quotes)
People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. (Ludwig Von Mises Quotes)
What makes small business develop into big business is not spending, but saving and capital accumulation. (Ludwig Von Mises Quotes)
In order to succeed in business a man does not need a degree from a school of business administration. These schools train the subalterns for routine jobs. They certainly do not train entrepreneurs. (Ludwig Von Mises Quotes)
In a game there are winners and losers. But a business deal is always advantageous for both parties. If both the buyer and the seller were not to consider the transaction as the most advantageous action they could choose under the prevailing conditions, they would not enter into the deal. (Ludwig Von Mises Quotes)
The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social function of adjusting production to the most urgent demand. Because of these merits the consumers chose them for business leadership. (Ludwig Von Mises Quotes)
The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to business. (Ludwig Von Mises Quotes)
What governments call international monetary cooperation is concerted action for the sake of credit expansion. (Ludwig Von Mises Quotes)
The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation. (Ludwig Von Mises Quotes)
A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. (Ludwig Von Mises Quotes)
Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps. (Ludwig Von Mises Quotes)
It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced the capitalist order, everyone would become poorer. (Ludwig Von Mises Quotes)
The wealth of the well-to-do of an industrial society is both the cause and effect of the masses’ well-being. (Ludwig Von Mises Quotes)
The school is a political prize of the highest importance. It cannot be deprived of its political character as long as it remains a public and compulsory institution. (Ludwig Von Mises Quotes)
Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state. (Ludwig Von Mises Quotes)
Suggestion of the Communist Manifesto was ‘abolition of all right of inheritance.’ Looking backward upon the past history of estate taxes, we have to realize that they more and more have approached the goal set by Marx. Estate taxes of the height they have already attained for the upper brackets are no longer to be qualified as taxes. They are measures of expropriation. (Ludwig Von Mises Quotes)
Hence, the statement that the cost of living is different in different localities only means that the same individual cannot secure the same degree of satisfaction from the same stock of goods in different places. (Ludwig Von Mises Quotes)
Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful. (Ludwig Von Mises Quotes)
The tow pillars of democratic government are the primacy of the law and the budget (Ludwig Von Mises Quotes)
All present-day governments are fanatically committed to an easy money policy (Ludwig Von Mises Quotes)