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
freedom war philosophy
What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.
fate opportunity men
It is evident that youth is the first victim of the trend toward bureaucratization. The young men are deprived of any opportunity to shape their own fate.
government easy committed
All present-day governments are fanatically committed to an easy money policy.
struggle resistance public-opinion
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
peace war liberty
The state can be and has often been in the course of history the main source of mischief and disaster.
generations tasks provoking
It has always been the task of the new generation to provoke changes.
men civilization quality
Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.
mean progressive-taxation people
Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away
country men numbers
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
credit expansion aftermath
Depression is the aftermath of credit expansion.
taken luxury people
The luxury of today is the necessity of tomorrow. Every advance first comes into being as the luxury of a few rich people, only to become, after a time, an indispensable necessity taken for granted by everyone. Luxury consumption provides industry with the stimulus to discover and introduce new, things. It is one of the dynamic factors in our economy. To it we owe the progressive innovations by which the standard of living of all strata of the population has been gradually raised.
mean police force
All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave spontaneously.
war achievement peaceful
The main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of violent conflict have branded it as a dismal science and why this age of wars, civil wars, and destruction has no use for it.
government paper ink
Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.