Ludwig von Mises

A Quote by Ludwig von Mises on cooperation, economy, and society

Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages derived from peaceful cooperation and division of labor are universal.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 146

Contributed by: peter

A Quote by Ludwig von Mises on history

in

History can tell us what happened in the past. But it cannot assert that it must happen again in the future.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 546

Contributed by: peter

A Quote by Ludwig von Mises on human action, needs, ideas, and metaphysics

In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold weather and rain…. the demand for goods is widely influenced by metaphysical, religious, and ethical considerations, by aesthetic value judgments, by customs, habits, prejudice, tradition, changing fashions, and many other things.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 234

Contributed by: peter

A Quote by Ludwig von Mises on economy, free will, liberty, and freedom

Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 270

Contributed by: peter

A Quote by Ludwig von Mises on economy, economics, and human action

Economics is not about goods and services; it is about human choice and action.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 491

Contributed by: peter

A Quote by Ludwig von Mises on economy, society, wisdom, and civilization

The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 885

Contributed by: peter

A Quote by Ludwig von Mises on entrepreneurship, entrepreneur, profit, economy, and money

The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 288

Contributed by: peter

A Quote by Ludwig von Mises on equality, justice, economy, and politics

What those people who ask for equality have in mind is always an increase in their own power to consume.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 836

Contributed by: peter

A Quote by Ludwig von Mises on economy, liberty, freedom, and cooperation

The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybodys actions aim at the satisfaction of other peoples needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 258

Contributed by: peter

A Quote by Ludwig von Mises on liberty, freedom, happiness, government, and politics

Government means always coercion and compulsion and is by necessity the opposite of liberty.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 283

Contributed by: peter

Syndicate content