Ludwig Von Mises Quotes
Top 100 wise famous quotes and sayings by Ludwig Von Mises
Ludwig Von Mises Famous Quotes & Sayings
Discover top inspirational quotes from Ludwig Von Mises on Wise Famous Quotes.
The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.
It is labor alone that is productive: it creates wealth and therewith lays the outward foundations for the inward flowering of man.
Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being.
The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.
The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.
The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.
It is the rule of law alone which hinders the rulers from turning themselves into the worst gangsters.
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.
Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.
Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.
Men are fighting ... because they are convinced that the extermination of adversaries is the only means of promoting their own well-being.
Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.
There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.
Every type of socialism is unworkable because economic calculation is impossible in a socialist community.
There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.
The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
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.
Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.
The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.
Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.
The uncouth hordes of common men are not fit to recognize duly the merits of those who eclipse their own wretchedness.
What governments call international monetary cooperation is concerted action for the sake of credit expansion.
Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
The first socialists were the intellectuals; they, and not the masses, are the backbone of Socialism.
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.
Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away
The masses do not like those who surpass them in any regard. The average man envies and hates those who are different.
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.
The living is not perfect because it is liable to change; the dead is not perfect because it does not live.
All attempts to coerce the living will of human beings into the service of something they do not want must fail
Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.
Society is joint action and cooperation in which each participant sees the other partner's success as a means for the attainment of his own.
The Welfare State is merely a method for transforming the market economy step by step into socialism.
The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.
Every collectivist assumes a different source for the collective will, according to his own political, religious and national convictions.
The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of coercion.
No people and no part of a people shall be held against its will in a political association that it does not want.
Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.
[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.
Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful.
What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.