Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Miseswas a theoretical Austrian School economist. He is best known for his work on praxeology, a study of human choice and action. Mises emigrated from Austria to the United States in 1940. Mises's writings have exerted significant influence on the libertarian movement in the United States since the mid-20th century...
NationalityAustrian
ProfessionEconomist
Date of Birth29 September 1881
CountryAustria
Ludwig von Mises quotes about
war government would-be
Government force is derived from the sum of the physical force each citizen could exert which by one citizen himself would be ineffective, but when summed from the force of all the area's citizens indeed composes a power no citizen or group can withstand. That force is then rightly but justly to be used against those who violate the foundation pillars of freedom.
attitude fighting evil
An anti-something movement displays a purely negative attitude. It has no chance whatever to succeed. Its passionate diatribes virtually advertise the program they attack. People must fight for something that they want to achieve, not simply reject an evil, however bad it may be.
mean productions presses
A free press can only exist where there is private control over the means of production
competition economy doom
Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.
law letters constitution
Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.
intolerance liberalism
Liberalism must be intolerant of every sort of intolerance.
biblical found overlooked
Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.
mistake mean facts
The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value. Freedom really means the freedom to make mistakes.
progress regulation rules-and-regulations
Progress is precisely that which rules and regulations did not foresee.
mixing detrimental
The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to business.
profit highest
He who serves the public best, makes the highest profits.
philosophy thinking government
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.
outcomes facts united-states
The comparatively greater prosperity of the United States is an outcome of the fact that the New Deal did not come in 1900 or 1910, but only in 1933.
unemployment effects
Unemployment doles can have no other effect than the perpetuation of unemployment.