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
two action reason
Reason and action are congeneric and homogenous, two aspects of the same phenomenon.
acting action reason
Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual.
law doe action
What is a loophole? If the law does not punish a definite action or does not tax a definite thing, this is not a loophole. It is simply the law.
libertarian action affair
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.
actors doe action
It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at.
action behavior humans
Human action is purposeful behavior.
thinking firsts action
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
men tangible action
Economics is not about things and tangible material objects; it is about men, their meanings and actions.
religious believe logical-arguments
No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.
men way wealth
A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.
income wealth enterprise
In capitalist enterprise there is no secure income and no security of wealth.
causes wealth mass
The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.
school citizens incentives
The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.
almsgiving
All almsgiving inevitably tends to pauperize the recipient.