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
quality advertising tricks
The tricks and artifices of advertising are available to the seller of the better product no less than to the seller of the poorer product. But only the former enjoys the advantage derived from the better quality of his product.
government giving doe
The truth is that the government cannot give if it does not take from somebody...It is not in the power of the government to make everybody more prosperous.
lying eye hard-work
He who accepts life for what it is and never allows himself to be overwhelmed by it does not need to seek refuge for his crushed self-confidence in the solace of a 'saving lie'. If the longed-for success is not forthcoming, if the vicissitudes of fate destroy in the twinkling of an eye what had to be painstakingly built up by years of hard work, then he simply multiplies his exertions. He can look disaster in the eye without despairing.
running selfish division-of-labor
What makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of labor in the long run best serves the selfish concerns of all individuals. The eminence of the market society is that its whole functioning and operation is the consummation of this principle.
availability welfare results
No increase in the welfare of the member of society can result from the availability of an additional quantity of money.
war philosophy age
The philosophy of protectionism is a philosophy of war. The wars of our age are not at variance with popular economic doctrines; they are, on the contrary, the inescapable result of a consistent application of these doctrines.
school character long
The school is a political prize of the highest importance. It cannot be deprived of its political character as long as it remains a public and compulsory institution.
perfect doe liable
The living is not perfect because it is liable to change; the dead is not perfect because it does not live.
flux
In life everything is continually in flux.
liberty kind economy
There is no kind of freedom and liberty other than the kind which the market economy brings about.
illumination sobriety vision
One has to recognize that science is not metaphysics, and certainly not mysticism; it can never bring us the illumination and the satisfaction experienced by one enraptured in ecstasy. Science is sobriety and clarity of conception, not intoxicated vision.
influence prevailing ideology
No one can escape the influence of a prevailing ideology.
firsts socialism mass
The first socialists were the intellectuals; they, and not the masses, are the backbone of Socialism.
wise problem concrete
History makes one wise, but not competent to solve concrete problems.