Ludwig von Mises

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

Once the principle is admitted that it is duty of government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 728..729

Contributed by: peter

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

Nobody is in a position to decree what should make a fellow man happier.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 14

Contributed by: peter

A Quote by Ludwig von Mises on politics, economy, and government

What the government spends more, the public spends less. Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 655

Contributed by: peter

A Quote by Ludwig von Mises on economy and government

History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 847

Contributed by: peter

A Quote by Ludwig von Mises

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism: is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 676

Contributed by: peter

A Quote by Ludwig von Mises on economy, politics, banking, finance, and inflation

The final outcome of the credit expansion is general impoverishment.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 562

Contributed by: peter

A Quote by Ludwig von Mises on life, death, and happiness

True, man cannot escape death. But for the present he is alive; and life, not death, takes hold of him... It is mans innate nature that he seeks to preserve and to strengthen his life, that he is discontented and aims at removing uneasiness, that he is in search of what may be called happiness.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 877.878

Contributed by: peter

A Quote by Ludwig von Mises on life, ideas, and politics

The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.

Ludwig von Mises

Source: PLANNED CHAOS, Pages: 88

Contributed by: peter

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

Action is an attempt to substitute a more satisfactory state of affairs for a less satisfactory one. We call such a willfully induced alteration an exchange.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 97

Contributed by: peter

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

The vigorous man industriously striving for the improvement of his condition acts neither more nor less than the lethargic man who sluggishly takes things as they come. For to do nothing and to be idle are also action, they too determine the course of events.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 13

Contributed by: peter

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