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
causes wealth mass
The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.
bigs mass big-business
Big business always serve - directly or indirectly - the masses.
firsts socialism mass
The first socialists were the intellectuals; they, and not the masses, are the backbone of Socialism.
country way mass
There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.
wealth capacity mass
The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.
religious believe logical-arguments
No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.
income wealth enterprise
In capitalist enterprise there is no secure income and no security of wealth.
almsgiving
All almsgiving inevitably tends to pauperize the recipient.
jobs government people
The interventionist policy (big government) provides thousands and thousands of people with safe, placid, and not too strenuous jobs at the expense of the rest of society.
freedom men civilization
Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.
unemployment doe granted
Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.
careers fundamentals matter
The socialist system, however, forbids this fundamental freedom to choose one's own career. Under socialist conditions, there is only one economic authority, and it has the right to determine all matters concerning production.
may poverty execution
The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. It would create poverty for all.
civilization culture standards
A higher standard of living also brings about a higher standard of culture and civilization.