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Ludwig Von Mises Quotes
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Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual (Ludwig Von Mises Quotes)
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 (Ludwig Von Mises Quotes)
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and the theories (Ludwig Von Mises Quotes)
The class of those who have the ability to think their own thoughts is separated by an unbridgeable gulf from the class of those who cannot (Ludwig Von Mises Quotes)
Reason’s biological function is to preserve and promote life and to postpone its extinction as long as possible. Thinking and acting are not contrary to nature; they are, rather, the foremost features of man’s nature. The most appropriate description of man as differentiated from nonhuman beings is: a being purposively struggling against the forces adverse to his life (Ludwig Von Mises Quotes)
It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at (Ludwig Von Mises Quotes)
There is in the universe something for the description and analysis of which the natural sciences cannot contribute anything. There are events beyond the range of those events that the procedures of the natural sciences are fit to observe and describe. There is human action (Ludwig Von Mises Quotes)
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 Quotes)
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 (Ludwig Von Mises Quotes)
The avowed aim of all utopian movements is to put an end to history and to establish a final and permanent calm (Ludwig Von Mises Quotes)
Once it has been perceived that the division of labour is the essence of society, nothing remains of the antithesis between individual and society. The contradiction between individual principle and social principle disappears (Ludwig Von Mises Quotes)
Political ideas that have dominated the public mind for decades cannot be refuted through rational arguments. They must run their course in life and cannot collapse otherwise than in great catastrophe (Ludwig Von Mises Quotes)
It is labor alone that is productive: it creates wealth and therewith lays the outward foundations for the inward flowering of man (Ludwig Von Mises Quotes)
Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings (Ludwig Von Mises Quotes)
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 Quotes)
What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning (Ludwig Von Mises Quotes)
The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters (Ludwig Von Mises Quotes)
A new type of superstition has got hold of people’s minds, the worship of the state (Ludwig Von Mises Quotes)
Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government (Ludwig Von Mises Quotes)
Seen from the point of view of the particular group interests of the bureaucrats, every measure that makes the government’s payroll swell is progress (Ludwig Von Mises Quotes)
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 Quotes)
What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy (Ludwig Von Mises Quotes)
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 Quotes)
My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline (Ludwig Von Mises Quotes)
The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment (Ludwig Von Mises Quotes)
The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression (Ludwig Von Mises Quotes)
If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government (Ludwig Von Mises Quotes)
A citizen who casts his ballot without having to the best of his abilities studied as much economics as he can fails in his civic duties (Ludwig Von Mises Quotes)
It is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process (Ludwig Von Mises Quotes)
If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace (Ludwig Von Mises Quotes)