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
people entrepreneur demand
The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
innovators bureaucrats
Nobody can be at the same time a correct bureaucrat and an innovator
doctrine genius facts
The egalitarian doctrine is manifestly contrary to all the facts established by biology and by history. Only fanatical partisans of this theory can contend that what distinguishes the genius from the dullard is entirely the effect of postnatal influences.
government stills loopholes
You call it a 'loophole' when the government still allows you some freedom.
expression path different
where Nietzsche's response to the equation of socialism and morality was to question the value of morality, at least as it had been customarily understood, economists like Mises and Hayek pursued a different path, one Nietzsche would never have dared to take: they made the market the very expression of morality.
hate loss might
Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.
character kwanzaa architect
Under capitalism everybody is the architect of his own fortune.
men animal sensual
Man is not, like the animals, an obsequious puppet of instincts and sensual impulses. Man has the power to suppress instinctive desires, he has a will of his own, he chooses between incompatible ends.
attitude war mind
Only one thing can conquer war-that attitude of mind which can see nothing in war but destruction and annihilation...
mean economic human-life
Economic control is not merely control of a sector of human life that can be separated from the rest; it is the control of the means for all our ends.
law worst tyranny
The worst law is better than bureaucratic tyranny.
government banking granted
It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary.
war men civilization
If men do not now succeed in abolishing war, civilization and mankind are doomed.
want citizens fellows
He who is unfit to serve his fellow citizens wants to rule them.